Jay Tenuta

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709 S Hutchinson Avenue
Muncie, IN 47303

$665,000 - Status: Active
MLS# 202635929

709 South Hutchinson Avenue is an 8 unit apartment community built in 1964, comprising two buildings totaling 5,432 square feet (4,028 and 1,404 square feet) on a nearly half acre lot, plus a utility shed and paved off street parking. The unit mix consists of 6 two bedroom units and 2 one bedroom units, for 14 beds and 8 baths total. Every unit has been completely remodeled within the past couple of years, the property received a new shingle roof in 2025, and washer/dryer hookups in every unit. Water, sewer, and trash are billed back to tenants monthly, helping offset owner operating costs. The result is a well maintained, largely turnkey multifamily asset with minimal near term capital needs for an incoming buyer. 709 South Hutchinson Avenue sits in Muncie's Westside neighborhood, in Delaware County's Center Township, on a paved side street just west of Wheeling Avenue between State Road 332 and White River Boulevard. The property is positioned between the White River and Ball State University, putting it within easy reach of both the university and IU Health Ball Memorial Hospital, two of the area's largest employers and steady sources of rental demand.? Tree lined streets and a mix of mid century ranches and bungalows define the immediate surroundings, and residents are a short distance from Minnetrista Museum & Gardens and the David Owsley Museum of Art. All public utilities, including electricity, gas, sewer, and water, serve the site.

Property Features

MLS#: 202635929
Zip: 47303
Subdivision:
Development: Center
Property Type: Commercial - Business
Cooling: Wall AC
Days on Site: 5
Heating: Gas
Lot Size: 0.45 acres
Roof Type: Asphalt, Shingle
Year Built: 1964

Feature Descriptions

Basement/ Foundation: Slab
Exterior: Brick
Lot Dimensions: Irregular
Sale Inclusions: Building, Lease
Sewer: City
Water: City, Public

709 S Hutchinson Avenue | MLS# 202635929

This commercial property located at 709 S Hutchinson Avenue, Muncie, IN 47303 is currently listed for sale with an asking price of $665,000. Search Muncie real estate on www.jaytenuta.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Real Estate Group
Agency Contact: Cell: 317-448-8852
Agent Name: Jacob Wagner

Shown By

Agent Name: Jay Tenuta
Agent Phone: (219) 393-9163
Agency Title: Coldwell Banker 1st Choice

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AGENT INFORMATION

Coldwell Banker 1st Choice Jay Tenuta (219) 393-9163

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