2101 S Mulberry St

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Baths
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Description

Discover a rare investment opportunity with this property featuring two separate dwellings on one parcel in a high-demand Muncie rental area. The north home offers two bedrooms with the potential for a third, a spacious layout, and strong rental appeal. It is currently rented for $875 per month, with tenants responsible for all utilities, making it a low-expense, high-yield unit. The south home is a well-kept one-bedroom, one-bath dwelling that rents for $550 per month and provides reliable, low-vacancy...Discover a rare investment opportunity with this property featuring two separate dwellings on one parcel in a high-demand Muncie rental area. The north home offers two bedrooms with the potential for a third, a spacious layout, and strong rental appeal. It is currently rented for $875 per month, with tenants responsible for all utilities, making it a low-expense, high-yield unit. The south home is a well-kept one-bedroom, one-bath dwelling that rents for $550 per month and provides reliable, low-vacancy income. Together, these homes offer an excellent blend of cash flow, flexibility, and long-term stability. Whether you're expanding your portfolio or looking for a great house-hack opportunity, 2101 S Mulberry Street delivers immediate income, a strong rental history, and close proximity to Ball State University, local employers, and city amenities. Opportunities like this are hard to find. Schedule your showing today!
  1. Listed by Jared Smith • Mark Dietel Realty, LLC

Property Details for 2101 South Mulberry Street

Subdivision Name
G & O Sub
Township
Center
LISTING UPDATED: 12/10/2025 05:12 PM

Property Details for 2101 South Mulberry Street

StatusClosed
MLS #22073602
Days on Market4
Taxes$658 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1919
Lot Size0.11 AC / 4,791 SF
CountyDelaware County

Location

Listing Courtesy of Mark Dietel Realty, LLC

Sold By MIBOR REALTOR® Association

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Building Information for 2101 South Mulberry Street

Stories-Residences2Year Built1919Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$543 per month

30 year fixed, 6.15% Interest

Principal and Interest

$434

Property Taxes

$110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2101 South Mulberry Street

Summary
Location and General Information
  • City: Muncie
  • County Or Parish: Delaware
  • Directions: GPS Friendly
  • Postal Code: 47302
  • Postal Code Plus4: 4043
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 181122109010000003
  • Semi Annual Property Tax Amt: 658
  • Tax Year: 2024
  • TaxLot: 1
  • Tax Block: 120
School Information
  • School District: Muncie Community Schools
Owner
  • Owner Pays: Insurance, Taxes
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20, Residential
  • Lot Size Square Feet: 4800.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Structure Type: FreeStand
  • Year Built Numeric: 1919
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: G & O Sub Blk 120 Lot 1
  • Photos Count: 32
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Web Link: markdietel.com
  • Buyer Financing: Cash
Utilities
  • Solid Waste: No
  • Operating Expense: 1680.0
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Multi Baths: 2
  • Multi Beds: 3
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 3250
  • Net Operating Income: $13,550.00
  • Gross Income: $16,800.00
Unit 1
  • Unit Kitchen: 10x7
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 2101 South Mulberry Street

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Sold

MIBORMLS #22073602

$89,000—
Nov 24, 2025

Pending

MIBORMLS #22073602

—
Nov 19, 2025

Listed (Active)

MIBORMLS #22073602

$93,000—
Nov 10, 2006

Expired

Indiana Regional MLS #20037413

—
Jul 23, 2004

Listed (Active)

Indiana Regional MLS #20037413

$44,900—
DateEvent & SourcePrice
12/05/2025

Sold

MIBORMLS #22073602

$89,000
11/24/2025

Pending

MIBORMLS #22073602

—
11/19/2025

Listed (Active)

MIBORMLS #22073602

$93,000
11/10/2006

Expired

Indiana Regional MLS #20037413

—
07/23/2004

Listed (Active)

Indiana Regional MLS #20037413

$44,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2101 South Mulberry Street

Taxable ValueLand$5,100Additions$52,100Total$57,200
Tax Record2024$1,315 ($110 / month)
Home Facts
Beds2Baths2Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size4,800 SqFtStyleSingle Family ResidenceYear Built1919CountyDELAWAREAPN18-11-22-109-010.000-003

Schools near 2101 South Mulberry Street

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - K to 12
Rating
School
Distance
South View Elementary School
PublicPK to 5

Muncie Central High School
PublicPK to 12

Wilson Middle School
Public6 to 8

Muncie Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mark Dietel Realty, LLC

Based on information submitted to the MLS GRID as of 12/10/2025 05:12 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.