Muncie IN Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
1
Lot size:
0.14 Acres
Year built:
1921
Baths:
1.00
MLS#:
202501641

ADDITIONAL INFORMATION

2 homes on corner lot - have been great investment properties - 2nd house + 576 sq ft, 1 bedroom, 1 bath, built in 1950, has electric baseboard heat, electric stove, 17x12 living room, 13.9x11 kitchen, bedroom11.4 x 9.8, recently remodeled with new floor coverings, light fixtures, new electric baseboard beat, walk-in shower, kitchen sink, cabinets, windows, fenced yard. Additional room off the laundry room.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1924
Baths:
MLS#:
22017122
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal is a package of two duplexes on the same parcel for a total of 4 units. Buy only these properties, combine them with other listings, or acquire the entire portfolio. Flexibility is yours. The first duplex is situated at 1323-1325 W Liberty St and the second is located at 400-402 W 7th St, with a shared oversized 1 car garage between the two. They are both single level properties and all units features 1 bedroom and 1 bathroom, with electricity and gas separately metered. Water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Both properties need extensive work and are currently boarded up. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of each other in and around downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
22015524
Subdivision:
Ream Walling & Spurgeons

ADDITIONAL INFORMATION

Investor Alert! Discover a remarkable investment package conveniently located near downtown Muncie. Part of a broader offering of 19 units across 7 properties on 5 parcels (totaling $538K), this particular deal features both a duplex and a single-family home on the same parcel-providing three units in one purchase. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 700-702 W 11th, the duplex occupies a corner lot and offers an up/down layout. Each unit features 2 bedrooms and 1 bathroom, with electricity separately metered. Gas and water/sewer are currently on a shared meter, presenting an opportunity for utility restructuring to add additional value and enhance your ROI. Meanwhile, the single-family home at 1717 S Gharkey is a 2-bedroom, 1-bath ranch boasting a small, fully fenced yard-ideal for tenants seeking privacy or a pet-friendly space. With minimal cleanup, it can be quickly prepared for lease or resale. All properties in this portfolio are vacant, offering a blank canvas for renovations. Condition levels vary, and the pricing reflects their as-is status-giving savvy investors a prime opportunity to add value and maximize returns. Located within about one mile of downtown Muncie, these homes also benefit from convenient access to local amenities and public transportation, further enhancing rental demand. Whether you're looking to expand your portfolio with cash-flowing rentals or prefer a flip strategy, this package provides a golden chance to invest in a rapidly improving area. Don't miss out on these versatile properties-capitalize on this unique opportunity and grow your real estate portfolio today!

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!

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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 $123,900. This is lower 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 $123,900. 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 47302 has a population of 65,571. Muncie 47302 is less family-centric than the surrounding county with 20.75% 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 47302 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 47302 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

    N/A
  • # Active listings

    77
    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
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
South View Elementary School KG - 05 469 19.5 47302
Sutton Elementary School KG - 05 373 20.7 47302

Middle Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Muncie Southside High School 09 - 12 923 13.7 47302
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
In ACA for Sci Math & Humanities 11 - 12 307 9 47306
Muncie Central High School 09 - 12 1,633 13.7 47305

Ungraded Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
Burris Laboratory School KG - 12 621 15.4 47306

Demographics near Muncie, IN 47302

Metric Zip Code City
Neighborhood Type Suburban
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