Listing provided courtesy of Home 2 Home Realty GroupChristy KeeleyMLS# 202614749MLS ProviderContact Information: [email protected]
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Attention investors! Turnkey, income-producing property ready for its next owner. This unique former schoolhouse has been thoughtfully converted into a duplex, offering two units—each featuring 2 bedrooms and 1 full bathroom. A shared common area includes laundry and a comfortable sitting space for tenants. Situated on a spacious half-acre lot, the property offers plenty of outdoor room. Conveniently located near Ball State University, IU Health, downtown Muncie, and the Cardinal Greenway. Both units are occupied with long-term tenants, making this a strong, immediate income opportunity!

Source: Indiana Regional MLS, MLS#: 202614749

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  • Property Type
    Residential Income
  • Lot
    0.57 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1526 S Burlington Drive #1 and 2


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: Indiana Regional MLS Price Reduction
$174,900 -2.8%
4/24/2026Source: Indiana Regional MLS Added to Database
April 24, 2026