2413 S Gharkey St

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Baths
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per Sq. Ft.

Description

Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!) , with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally...Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!) , with separate entrances for added privacy and convenience. The building spans two stories, but both units are single-level living spaces, making maintenance and tenant turnover simpler. The property is structurally sound, with the owner having completed important updates-most notably the addition of a sewer clean-out in the backyard approximately 2 years ago, helping ensure smooth operation and lower maintenance risk. While the home could benefit from some minor aesthetic updates, the bones are strong, and the layout provides a lot of upside potential. With just a few cosmetic improvements, this could be the perfect investment property or an ideal addition to your growing portfolio or a great starter. Don't miss this rare opportunity to invest in a duplex with great bones, income in place, and plenty of room to increase value over time. Schedule your showing or request more details today!
  1. Listed by James Gilday • eXp Realty, LLC

Property Details for 2413 South Gharkey Street

Subdivision Name
No Subdivision
Township
Center
Waterfront
No
LISTING UPDATED: 02/18/2026 11:02 AM

Property Details for 2413 South Gharkey Street

StatusClosed
MLS #22065237
Days on Market114
Taxes$588 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.15 AC / 6,534 SF
CountyDelaware County

Location

Listing Courtesy of eXp Realty, LLC

Sold By Hoosier, REALTORS®

Add your commute

Building Information for 2413 South Gharkey Street

Stories-Residences2Year Built1954Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$537 per month

30 year fixed, 6.15% Interest

Principal and Interest

$439

Property Taxes

$98

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2413 South Gharkey Street

Summary
Location and General Information
  • City: Muncie
  • County Or Parish: Delaware
  • Directions: GPS Friendly
  • Postal Code: 47302
  • Postal Code Plus4: 0001
  • Road Access: See Remarks
  • State Or Province: IN
  • View: Rural, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Parcel Number: 181121252009000003
  • Semi Annual Property Tax Amt: 588
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • Elementary School: Grissom Elementary School
  • High School: Muncie Central High School
  • Middle Or Junior School: Northside Middle School
  • School District: Muncie Community Schools
Owner
  • Owner Pays: Taxes, Sewer, Water, Other
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 6534.0
  • Lot Size Acres: 0.15
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1954
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Sw Qtr Ne Qtr 0.1500Acres Str: 212010 In: Out:
  • Photos Count: 33
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Building Utilities: Separate Gas Meter,Sewer,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Basement Description: Partially Finished
  • Basement YN: Yes
  • Heating: Radiant, Forced Air, Propane
  • Levels: Two
  • Laundry Features: Connections Some, Laundry Room
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street, Other
Income & Expenses
  • Expenses: 1125
  • Net Operating Income: $874.00
  • Gross Income: $1,999.00
Unit 1
  • Unit Kitchen: 10x12
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas
  • Unit Type Type: 4 Bedroom Or More
Unit 2
  • Unit Kitchen: 10x12
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas, Other

Property History for 2413 South Gharkey Street

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Sold

MIBORMLS #22065237

$90,000—
Jan 30, 2026

Pending

MIBORMLS #22065237

—
Dec 7, 2025

Price Change

MIBORMLS #22065237

$109,900—
Nov 13, 2025

Price Change

MIBORMLS #22065237

$119,900—
Oct 10, 2025

Price Change

MIBORMLS #22065237

$129,900—
Sep 26, 2025

Listed (Active)

MIBORMLS #22065237

$140,000—
Oct 17, 2022

Expired

MIBORMLS #21856340

—
Jul 26, 2022

Pending

MIBORMLS #21856340

—
May 28, 2022

Listed (Active)

MIBORMLS #21856340

$120,000—
Oct 1, 2021

Sold

Indiana Regional MLS #202133119

$76,000—
Sep 10, 2021

Pending

Indiana Regional MLS #202133119

—
Aug 12, 2021

Listed (Active)

Indiana Regional MLS #202133119

$89,900—
DateEvent & SourcePrice
02/17/2026

Sold

MIBORMLS #22065237

$90,000
01/30/2026

Pending

MIBORMLS #22065237

—
12/07/2025

Price Change

MIBORMLS #22065237

$109,900
11/13/2025

Price Change

MIBORMLS #22065237

$119,900
10/10/2025

Price Change

MIBORMLS #22065237

$129,900
09/26/2025

Listed (Active)

MIBORMLS #22065237

$140,000
10/17/2022

Expired

MIBORMLS #21856340

—
07/26/2022

Pending

MIBORMLS #21856340

—
05/28/2022

Listed (Active)

MIBORMLS #21856340

$120,000
10/01/2021

Sold

Indiana Regional MLS #202133119

$76,000
09/10/2021

Pending

Indiana Regional MLS #202133119

—
08/12/2021

Listed (Active)

Indiana Regional MLS #202133119

$89,900

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

Public Records for 2413 South Gharkey Street

Taxable ValueLand$4,200Additions$32,200Total$36,400
Tax Record2021$846 ($70 / month)
Home Facts
Baths2Total Finished SqFt2,458 SqFtAbove Grade Finished SqFt2,458 SqFtStories2Lot Size6,534 SqFtStyleDuplexYear Built1954CountyDELAWAREAPN18-11-21-252-009.000-003

Schools near 2413 South Gharkey 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 eXp Realty, LLC

Based on information submitted to the MLS GRID as of 02/18/2026 11:02 AM. 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.