Recently updated triplex in downtown Muncie with strong income potential. Property includes three units: one 2-bedroom unit and two 1-bedroom unit. Two units are currently leased (1BR at $850/month and 1BR at $725/month). The remaining updated 2-bedroom unit is currently available for rent at $725/month. Convenient downtown location with consistent rental demand. Ideal opportunity for investors seeking immediate and stable cash flow.
Great 2 bedroom home in Mayfield addition with attached garage. Views of an open field across the street and plenty of space between homes. Features a large kitchen and utility room with space for activities of your favorite kind. Recent updates to electrical wiring. Vinyl siding gives the home a well maintained and attractive curb appeal. Currently, the home is rented for $750 per month.
Investors - This parcel includes 2 structures. A duplex and a single-family home all currently leased. The duplex (2007 S Penn and 1217 E 13th) has 2 - 1-bedroom, 1-bathroom units. These units are both total electric and have electric baseboard heat. The owner pays the water and sewage bills for these units. Tenants pay for the electricity. The single family home (1215 E 13th) includes 4-bedrooms and 2-bathrooms, has GFA and an electric water heater, unfinished basement, the roof was replaced 6/2021. Tenant pays all utilities for this unit.
YOUR PERSONAL PARADISE ! 35 BEAUTIFUL WOODED ACRES WITH 3 HOMES AND 5 HUGE STOCKED PONDS !! You have to see this one of a kind recreational property to really appreciate the amazing views, peace, serenity and endless possibilities. .Each of the huge ponds are stocked for fishing and some have large Koi. There are 2 pole buildings/garages, a Pagoda with a fireplace, bridges including a unique covered bridge, a lighthouse and a boathouse..Enjoy sitting in an enclosed shelter house overlooking one of the large ponds with a big deck.. There are several gazebos, picnic areas, and a fish cleaning station.You can access Cardinal Greenway from the back of the property and only minutes away from Prairie Creek Reservoir. An all brick 2 BR ranch home is the primary residence and has been a one owner home. Features include a living room and unique great room complete with a waterfall feature, bar, dance floor and cozy fireplace. It also has a metal shake shingle roof. Lots of outdoor space to enjoy the view. There are also 2-3BR rental homes located away from the main home that are currently leased month to month.. This could be your perfect private paradise, or use your imagination for an income producing venue, or campground. DONT MISS THIS AMAZING PROPERTY!
GREAT INVESTMENT OPPORTUNITY ! This triplex is located in a convenient location, close to the new YMCA, Central High School, Downtown Muncie, Cardinal Greenway and the Farmers Market. There are 2- one bedroom 1 bath units and 1- two bedroom 2 bath unit The upstairs unit is currently leased for $600 monthly. The downstairs one bedroom is currently ready to rent and the 2 bedroom unit needs some finish work. All new windows, doors and siding were replaced in November. The leased unit has all new flooring. Corner lot. This is a great price for a 3 unit in a neighborhood that has lots of new development.
Mostly occupied quadplex - an excellent cash-flow investment opportunity. This income-producing property offers immediate rental income with three out of the four units leased, providing stable returns and strong portfolio potential. Conveniently located near Ball State University, local amenities, and major routes, supporting consistent rental demand. This property also includes an additional property that comes with the lot (432 Proud St). Price reflects package deal of addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 W Howard St Muncie IN.
Solid Duplex with Strong In-Place Rents A reliable investment property featuring two units, both currently tenant-occupied and generating immediate income. The property has seen significant updates in 2022, including newer appliances, fresh interior paint, and a water heater installed within the last three years. Unit 1 Configuration: 2 Bed / 1 Bath, currently leased at $800/month. Unit 2 Configuration: 1 Bed / 1 Bath, currently leased at $675/month. Total monthly gross income is $1,475. Financial details and leases available upon request for serious buyers.
With 4830 square feet of living area on a 4800 square foot lot, this quadruplex, built in 1905, offers substantial space. Roof and siding were replaced in 2024, along with plumbing and electrical done in the same year. This could be a cash king when completed.
Duplex that presents the opportunity to put your own quality and standards into a blank slate. Property has be striped down on the interior and new electrical has been ran. New Roof and siding were installed in 2024. Resting in a quite neighborhood and on a 4826 sqft lot it provides space to be creative with the space that this provides.
This duplex offers a fantastic opportunity for both new and experienced investors to capitalize on Muncie's strong and growing real estate market. With a consistent demand for rental properties fueled by Ball State University, local businesses, and a stable community, this duplex is a smart, strategic investment designed for immediate cash flow and long-term appreciation. Investment Highlights: High Rental Demand: Muncie's rental market is robust, with a diverse tenant base keeping occupancy rates high. The city's average rent is significantly lower than the national average, attracting a steady stream of renters seeking quality, affordable housing. Seller's Market: The Muncie real estate market is currently a seller's market, with home values increasing year-over-year. This indicates a healthy market with excellent potential for your investment to grow in value over time. Accessible Investment: The median home price in Muncie provides a more affordable entry point for real estate investors, allowing for a higher potential return on investment.
Seize the chance to own a cash-flowing, 3-unit investment property in the thriving Muncie, Indiana market. This is an ideal addition to any investor's portfolio, offering stable income and long-term appreciation potential in a city with a strong rental demand. With recent renovations to 1 unit and to the exterior of the property. You will not need to invest any additional funds into renovations or repairs. Investment Highlights: This well-maintained 3-unit property is located in a desirable area of Muncie, providing tenants with convenient access to key city amenities. Each unit is designed for maximum rentability, with features that appeal to today's renters. Whether you're a seasoned investor or looking to start your real estate journey, this property provides an excellent opportunity to generate passive income and build wealth. Three Separate Units: Offering diversified income streams and reduced vacancy risk. Immediate Cash Flow: A fully-occupied building ensures a return on investment from day one.
*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Unit 502 is a section 8 lease. Monthly rent is $700. Unit 502 1/2 monthly rent is $905, $500 deposit. Lease ends 8-30-25. Tenants pay electric. Owner pays WTS.
*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Unit 502/504 is a section 8 lease. Monthly rent is $700. Unit 502 1/2 monthly rent is $905, $500 deposit. Lease ends 8-30-25. Tenants pay electric. Owner pays WTS.
*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Two 1 bedroom units. Side by side. Shared entrance space. Potential for 2 more 1 bedroom units in the full basement. Currently vacant. Needs TLC.
*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Two 1 bedroom units. Side by side. Shared entrance space. Potential for 2 more 1 bedroom units in the full basement. Currently vacant. Needs TLC.
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.
