An exceptional investment opportunity just 3 minutes from Ball State University! This spacious duplex offers a total of 11 bedrooms and 5 full bathrooms, making it an ideal addition to any investor's portfolio. One unit features 6 bedrooms and 3 full baths, while the second unit offers 5 bedrooms and 2 full baths! Perfectly suited for student housing or high-demand rental opportunities. Both units have been updated with durable luxury vinyl plank flooring throughout the main living areas and new carpet in all bedrooms, providing a fresh and low maintenance interior. A shared laundry area in the basement adds convenience for tenants, while the private off street parking pad offers dedicated parking for both units. Located in a prime Muncie location near Ball State University, shopping, dining, and local amenities, this property presents strong income potential with ample living space and modern updates already in place. Whether you're expanding your portfolio or searching for a turnkey investment, this duplex is one you won't want to miss!
A rare opportunity to own a distinctive historic property just minutes from downtown Muncie. Located at 607 E. Charles Street in the beautiful Emily Kimbrough historic area, this 1855 structure offers more than 4,000 square feet of space, two parcels, and dedicated off-street parking — all at an exceptionally approachable price point. For more than 50 years, the property was home to The Bargain Box, a longtime community organization familiar to generations of Muncie residents. Today, the building is ready for its next chapter and offers tremendous potential for an owner-user, investor, nonprofit, creative business, professional office, studio, retail concept, or redevelopment opportunity. The interior offers large rooms, multiple levels, flexible spaces, and much of the character you would expect from a historic property of this era. The property has also benefited from substantial investment and improvements over the years, making it much more than simply an older building in need of a vision. Another significant advantage is the second parcel, which provides an asphalt parking area with decorative fencing — a valuable feature for a property located this close to downtown. The location is equally compelling. The property sits among some of Muncie’s most recognizable historic homes while remaining just blocks from downtown, the Madison Street corridor, restaurants, businesses, entertainment, and ongoing redevelopment throughout the central city. With more than 4,000 square feet, two lots, private parking, historic character, and an asking price of $178,000, the possibilities here deserve a closer look. What could you create at 607 E. Charles Street?
Fully leased investment property! This property consists of two homes on one parcel. The main home is 1040 sf with 3 bedrooms, 1 bath, and an unfinished basement. The second home is approx 400 sf with 1 bedroom and 1 bath. The main home is rented for $999 and the lease is through 3/31/2027. The second home is rented for $675 and the lease is through 6/30/2027. Tenants pay all utilities. Electric and gas are paid directly by the tenants and property manager bills back the water and sewer to the tenants. This property makes great cash flow and is ready for you to add to your portfolio!
3 Bedroom Investment Property close to BSU Campus. Currently rented at $725.00 per month on a month-to-month lease.
Investment Opportunity close to downtown Muncie! This property features 3 units: two - 2 bedroom, 1 bath units, and one - 1 bedroom, 1 bath unit. The 3 units are currently leased. Gross monthly Rental income at full occupancy is $2070. Landlord pays gas. Tenants pay electricity, water, and sewage.
Income producing property and flip opportunity all rolled into one with this 2-story duplex. Upstairs unit has a separate side entrance and is one bedroom, a bath, kitchen and living room with approximately 506 square feet. The downstairs unit has three bedrooms, a bath, eat-in-kitchen, formal dining room, large living room and is approximately 1094 square feet. Roof is less than 5 years old and the replacement was a complete tear-off, new decking and new gutters. Furnace is also less than 5 years old. Lots of original woodwork and hardwood floors from years gone by that can be restored. Close to downtown Muncie and a short drive to Ball State University. Selling As-Is.
Turnkey 4-Property Muncie Portfolio – Strong Cash Flow + MTR Upside If you’re looking to hit the ground running with an already-performing rental portfolio, this one’s worth a serious look. We’re offering a package of four single-family homes in Muncie, Indiana — all currently tenanted, professionally managed, and generating $44,880 in gross annual rent. Across the four properties you get 9 bedrooms and 4 bathrooms, spread across some of Muncie’s more reliable rental corridors. The playbook is already mapped out — you’d just be executing it. Third-party property management is already in place, so there’s no operational scramble on day one. The four properties: 3114 W Devon Rd, Muncie, IN 47304 / 312 E Berkley Ave, Muncie, IN 47303 / 106 E Harvard Ave, Muncie, IN 47303 / 808 W Harvard Ave, Muncie, IN 47304
Calling all investors and rehab enthusiasts! Here’s your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value.Whether you’re an experienced investor or searching for your next renovation project. Bring your contractor, your creativity, and your plans—this property is ready for its next chapter. Sold As-Is.
Investment opportunity featuring one occupied unit and one vacant unit ready for lease-up. Unit 2802 is currently rented at $650/month with tenant paying gas/electric, while Unit 2804 has a prospective Section 8 tenant approved at $800/month and expected to move in next month, bringing projected gross monthly income to $1,450/month. Tenants have historically paid their own utilities, helping keep operating expenses low. Recent improvements include updated flooring and interior finishes, along with a newer sump pump and gas heaters replaced within the last five years. This property offers additional value-add potential through future rent increases, operational efficiencies, and continued portfolio optimization. Whether you're a seasoned investor or looking to acquire your first multifamily property, this duplex presents an affordable entry point with established income and upside.
Opportunity to own a working piece of Muncie history: machine shop, rental home, pole barn, fenced, and income potential all in one property. Operating since the early 1900s, this property was home to Kemp Machine Shop and later BK Machine Shop, serving generations of local industry. The machine shop remains operational today, offering an opportunity for an owner-user, investor, or entrepreneur seeking established industrial space with a proven legacy. The property includes the commercial building, an additional pole barn for storage or expansion, and a separate 2-bedroom, 1-bath rental home with an unfinished attic, providing additional income potential. The fenced property offers ample parking and outdoor space. Conveniently located near downtown Muncie, this unique property presents an exceptional live-work opportunity, allowing owners to operate a business while generating rental income from the residential dwelling. Whether you're looking to continue its industrial heritage or reimagine the space for a new venture, the possibilities are endless.
Sale includes the following properties; 617 W Memorial Dr (Unit #1) - 904 E 13th St. (Parcel # 181122201005000003 - Unit #2) - 2025 S Mulberry (Parcel # 181122105017000003 - Unit # 3). This package would be a great addition to your portfolio.
Recently updated triplex in downtown Muncie with strong income potential. Property includes three units: Unit 1 is renting for $775, unit 2 rents for $725 and unit 3 rents for $725 for a total of $2,225 per month of cash flow! Convenient downtown location with consistent rental demand. Ideal opportunity for investors seeking immediate and stable cash flow.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Muncie is located in Indiana. 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.
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.
