Muncie IN Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1890
Baths:
MLS#:
22015525
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 triplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 800-800.5 W Charles St, this corner lot property features two units on the bottom level and one unit on top. The two units on the main level both have 1 bedroom and 1 bathroom and the upper unit has 2 bedrooms and 1 bathroom. Electricity is 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. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! 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:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
22015528
Subdivision:
Prouds

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 quadplex. Buy only this property, combine it with other listings, or acquire the entire portfolio. Flexibility is yours. Situated at 802-808 W Charles St, this 4 unit property features two units on the bottom level and two units on top, with a common interior entry. Three units have 1 bedroom and 1 bathroom and one unit has 2 bedrooms and 1 bathroom. Electricity is 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. With some repairs and cosmetic updates, it can be quickly prepared for lease or resale. This specific property is located in the Old West End Historic District, which is currently experiencing a good amount of revitalization and is within walking distance of downtown and the central business district! 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:
4
Lot size:
0.05 Acres
Year built:
1890
Baths:
3.00
MLS#:
202428497

ADDITIONAL INFORMATION

Investment Opportunity. Triplex located near Ball State. Features Off street parking, patio out back, and wrap around covered front porch. Currently has one unit leased. Owner states other units were previously leased for $550 and $825. Purchase to include triplex property 821 W Main St, Muncie IN 47305 Parcel 18-11-09-459-001-007-003

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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

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.


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.



Muncie Real Estate

The median home value in Muncie, IN is $130,950. 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 $130,950. 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 47305 has a population of 65,571. Muncie 47305 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 47305 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 47305 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

    $130,950
    15.1% change since last quarter
  • # Active listings

    13
    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
Longfellow Elementary School KG - 05 306 18 47303
North View Elementary School KG - 05 282 17.6 47304
Royerton Elementary School KG - 05 529 18.9 47303
South View Elementary School KG - 05 469 19.5 47302
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
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
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

Ungraded Schools near Muncie, IN

School Grades Students P/T Ratio ZIP
* Muncie Area Career Center 11 - 12 0 47303
Burris Laboratory School KG - 12 621 15.4 47306
Youth Opportunity Center 03 - 12 107 7.6 47304

Demographics near Muncie, IN 47305

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 3,639 65,571
Population Density 2,726 2,393
Median Age 42.2 28.6
People per Household 1.8 2.2
Median Household Income 26,052 36,661
Average Income per Capita 22,199 21,440