Muncie IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Lot size:
0.16 Acres
Year built:
1890
Baths:
4.00
MLS#:
202500237

ADDITIONAL INFORMATION

Rare investment!!  BSU RENTAL!  Prime location! Current owners completely remodeled and stripped down to studs in 2008 +/-. Complete wiring plumbing heating siding windows etc.  South unit is 5 bedroom and 2.5 bath And north unit is complete separate apartment. Tenants pay all utilities except water and sewage. 5 bedroom is a two story. Spacious rooms and great floor plan. Gas log fireplace. Thermo windows. Outstanding investment.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
22015951
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Investment opportunity with this fully occupied triplex generating $1,800/month in rental income! Conveniently located in an up-and-coming area, this property features three units. Two 1-bedroom/1-bath units and One 2-bedroom unit/1 bath unit. The utilities are not separate, and the owner pays all utilities. The average monthly utility cost is $175-$300 depending on the month. Tenant in Unit#1($500 rent) is on a month-to-month lease, Tenant in Unit#2($600 rent) is on a year lease and doesn't plan to leave anytime soon. The tenant in Unit#3($700 rent) is on a 6-month lease and plans to renew. The property is being sold AS-IS and owner will not make any repairs. This is a great property to add to your portfolio. 48-hour notice for all showings and only Unit #3 is available to tour until an offer is accepted!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.17 Acres
Year built:
1969
Baths:
7.00
MLS#:
202447867

ADDITIONAL INFORMATION

Seven-unit apartment building in Muncie with five units currently occupied and two in rent-ready condition! All units have been cosmetically updated within the past 5 years. Tenants pay electricity. Owner pays w/s/t. Professional property management in place.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.09 Acres
Year built:
1900
Baths:
7.00
MLS#:
202447333

ADDITIONAL INFORMATION

Great investment opportunity! This 7 unit property includes 6 units in the main house and another unit located behind the house. Many updates have been completed including newer paint and flooring, most plumbing has been redone, gas wall heaters in every unit, sump pump in the basement, and water heater. 6 of the 7 units are currently rented. Total rents are $3,949 per month. Owner pays utilities. Can be bought in a package with 511 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.1 Acres
Year built:
1885
Baths:
3.00
MLS#:
202447328

ADDITIONAL INFORMATION

Great investment opportunity! This 3 unit property includes 3 1 BR 1 BA units. Updates have been completed including a water heater and many units have recent flooring and paint.. Total rents are $2,250 per month. Owner pays utilities. Can be bought in a package with 509 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1900
Baths:
2.00
MLS#:
202446567

ADDITIONAL INFORMATION

This well-maintained duplex offers an excellent investment opportunity with steady cash flow potential. Located just minutes from Ball State University, the property features two units: one with 1 bedroom and 1 bathroom, and the other with 3 bedrooms and 1 bathroom. Both units are currently rented with reliable tenants, providing immediate income.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1898
Baths:
MLS#:
22010795
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Great fixer-upper opportunity with lots of potential on this Duplex property!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
22010295
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Great investment opportunity! This recently updated triplex in Muncie offers strong cash flow and is ideally located just 8 minutes from Ball State University, making it perfect for student housing. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all with modern updates and reliable rental income. With high demand from students and low maintenance required, this triplex is an excellent addition to any real estate portfolio. Don't miss out-schedule a showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.23 Acres
Year built:
1947
Baths:
4.00
MLS#:
202428923

ADDITIONAL INFORMATION

Don't miss out on your opportunity for this investment opportunity! Two units both rented out through 2025.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1895
Baths:
2.00
MLS#:
202427910

ADDITIONAL INFORMATION

Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. This one is fully rented until 2025! If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
21980971
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Add this duplex to your portfolio today! Each unit consists of 1 bed/1 bath. The right unit, 1818, rents for $420 a month with a $420 deposit. Long term renter of over 4 years. Current lease ends 9-30-24. Left unit, 1820, is currently vacant. Seller mows and pays all utilities: electric, gas, W/T/S. It also has a covered front porch and a spacious backyard with alley access.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Lot size:
0.12 Acres
Year built:
1920
Baths:
2.00
MLS#:
202418308

ADDITIONAL INFORMATION

Add this duplex to your portfolio today! Each unit consists of 1 bed/1 bath. The right unit, 1818, rents for $420 a month with a $420 deposit. Long term renter of over 4 years. Current lease ends 9-30-24. Left unit, 1820, is currently vacant. Seller mows and pays all utilities: electric, gas, W/T/S. It also has a covered front porch and a spacious backyard with alley access.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


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. IDX information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS. All rights reserved.

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Muncie Real Estate

The median home value in Muncie, IN is $152,000. This is higher than the county median home value of $129,900. The national median home value is $338,100. The average price of homes sold in Muncie, IN is $152,000. Approximately 41.87% of Muncie homes are owned, compared to 43.25% rented, while 14.88% are vacant. Muncie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Muncie real estate agent to arrange a tour today!

Muncie, Indiana has a population of 65,571. Muncie is less family-centric than the surrounding county with 19.71% of the households containing married families with children. The county average for households married with children is 24.29%.

The median household income in Muncie, Indiana is $36,661. The median household income for the surrounding county is $49,321 compared to the national median of $69,021. The median age of people living in Muncie is 28.6 years.

Muncie Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 40.4 inches per year, with 22.3 inches of snow per year.

Muncie Real Estate Market Conditions

  • Median sales price

    $152,000
    15.1% change since last quarter
  • # Active listings

    243
    30-day change

Muncie Schools and Demographics

Education near Muncie, IN

Metric City County
High School Graduates 88.59 90.47
College Degree - 2 year 9.84 10.01
College Degree - 4 year 25.45 25.44
Graduate Degree 7.95 7.94
Expenditures per Student 12,591 12,591
Students per Teacher 15.4 15.4

Elementary Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Cowan Elementary School KG - 06 405 16.2 47302
Daleville Elementary School KG - 06 507 17.5 47334
East Washington Academy KG - 05 403 16.8 47305
Grissom Elementary School KG - 05 479 17.7 47302
Inspire Academy - A School of Inquiry KG - 06 169 13.8 47302
Longfellow Elementary School KG - 05 306 18 47303
Mitchell Elementary School KG - 05 224 17.2 47304
North View Elementary School KG - 05 282 17.6 47304
Royerton Elementary School KG - 05 529 18.9 47303
Selma Elementary School KG - 05 520 19.3 47383
South View Elementary School KG - 05 469 19.5 47302
Storer Elementary School KG - 05 257 16.1 47304
Sutton Elementary School KG - 05 373 20.7 47302
West View Elementary School KG - 05 262 17.5 47304

Middle Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Delta Middle School 06 - 09 649 18.5 47303
Muncie Southside High School 09 - 12 923 13.7 47302
Northside Middle School 06 - 08 666 13.9 47304
Selma Middle School 06 - 08 266 15.7 47383
Southside Middle School 06 - 08 645 12.9 47302

High Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Cowan High School 07 - 12 374 16.3 47302
Daleville Junior/Senior High School 07 - 12 406 14.5 47334
Delta High School 09 - 12 851 17.4 47303
In ACA for Sci Math & Humanities 11 - 12 307 9 47306
Muncie Central High School 09 - 12 1,633 13.7 47305
Wapahani High School 09 - 12 391 17 47383

Ungraded Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Burris Laboratory School KG - 12 621 15.4 47306
Youth Opportunity Center 03 - 12 107 7.6 47304

Demographics near Muncie, IN

Metric City County
Neighborhood Type
Population 65,571 112,480
Population Density 2,393 287
Median Age 28.6 35.5
People per Household 2.2 2.3
Median Household Income 36,661 49,321
Average Income per Capita 21,440 26,946