Listing courtesy of Keri Hir

Virtual tour
ActiveDuplex

5500-5502 Hazelnut Street

$195,000

$105.41 / sq ft

Est. $1,314/mo

Muncie, IN 47304

Bedrooms
4
Bathrooms
2
Living area
1,850 sq ft
Lot
0.41 ac
Year built
1969
Type
Duplex
Listed
September 25, 2026
MLS #
202639969

About this home

Duplex opportunity at 5500 N Hazelnut St in Muncie! Each tenant-occupied unit offers 2 bedrooms, 1 bathroom, approximately 891 square feet, and a one-car garage. Both units are on 12-month leases, with current rents of $925 and $800 per month for a combined $1,725 monthly income. Tenants pay electricity. City water is supplied through one meter serving both units. Annual property taxes are approximately $2,282. Offered at $195,000, this property is also available as part of a package with two additional duplexes. Leases, payment history, and other available property documents can be provided upon request. Walkthroughs are planned for Wednesday, September 30, by prior appointment only and will be scheduled following an initial accepted offer, subject to tenant access. Please do not disturb the tenants or visit the property without an appointment.

Monthly payment estimate

$1,314/mo

Principal & interest
$1,067
Property taxes
$190
Homeowners insurance
$57
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
Attached
Stories
1
Total area
1,850 sq ft
Finished area above grade
1,850 sq ft
Bedrooms above grade
4
Flooring
Mixed
Heating
Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
0-2.9999
Lot size (acres)
0.41 ac
Lot dimensions
1200X1500
County
Delaware County
Township
Hamilton
Lots
49
Platted
Yes
Planned unit development
No
Directions
wheeling ave to airway rd to n hazelnut st to property

Schools

Elementary school
Royerton
Middle school
Delta
High school
Delta
School district
Delaware Community School Corp.

Taxes & terms

Annual taxes
$2,282
Tax year
2026
Assessed value
$108,200
Possession
closing
Parcel number
18-07-29-327-009.000-007

Included in the sale

Included in sale
Building

Utilities

Water
Private
Sewer
Public Sewer

Income & commercial

Units
2
Annual gross rent
$20,700
Net operating income
$18,418
Lease term
12 Months
Parking spaces
2
Pets allowed
No
Tenant pays
Electricity, Heat, Lawn Care, Sewer, Trash Collection

Location

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