Don't miss this turnkey investment opportunity. This 2-bedroom, 1-bathroom home offers an excellent opportunity with a tenant already in place until March 2027 providing immediate rental income. The property features an 8-year-old roof, the water heater and furnace are 3 years old, a nice sized yard, a detached garage, and plenty of appeal for long-term investment potential.
CASH COW! 100% Occupied. Two buildings each with two units, 3 units are 2 BR and 1 unit is 1 BR. Front building has brand new roof, new siding, luxury vinyl plank flooring, new door, trim, base, freshly painted and one unit has a renovated bathroom with full tub. Back building has partial new siding and partial new roof. One unit has been very nicely renovated and the other unit might need some improvement due to tenant living there for more than ten years and would like to live there for ever. There is an empty partial included in this sale and more units could be built.
Add this income-producing property to your portfolio and start collecting rent from day one. Currently fully occupied, this duplex generates consistent cash flow with tenants already in place. The lower unit features a spacious 3-bedroom, 1.5-bath layout with a large living room and a well-equipped kitchen offering abundant cabinet storage. Recent updates include a new electric range, new refrigerator, updated flooring, and new carpet throughout the unit. A dedicated laundry room adds convenience for tenants. The current tenant pays $900 per month and is responsible for gas and electric utilities. Additional improvements include recent ductwork repairs. The upper unit offers a comfortable 1-bedroom, 1-bath layout with a kitchenette and attractive high ceilings that create an open feel. Large windows provide excellent natural light throughout the space. The unit includes a refrigerator and has benefited from some plumbing updates and new flooring within the last two years. The current tenant pays $600 per month and is responsible for their electric utility. With $1,500 in monthly rental income, recent improvements, and stable occupancy, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term portfolio growth.
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.
Great rental opportunity! This triplex offers a main Unit that has new Vinyl Plank Flooring, New paint, New toilet, sink and tub surround. The main unit also has 2 bedrooms, Large Living Room, Kitchen, Laundry area and walk in pantry. There is an addition room that could be a family room or you could use it as a 3rd bedroom (Closet right outside the door). This unit also has access to the 2 car attached garage and large fenced back yard. Upstairs unit #2 has a large living room/dining room space, small Kitchen, 1 bedroom and bathroom with vinyl flooring. Downstairs back unit #3 is a studio apartment with a small Kitchen and Bathroom. Each unit has their own utilities. Appliances in the units stay. Currently not leased
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.
Triplex Just a few blocks from Downtown Muncie and Ivy Tech! This home includes 1-two bedroom unit and 2-one bedroom units. A Small room in the upstairs apartment could be used as an office or additional bedroom. Roof is approximately 5 years old and water heater and sump pump replaced in 2021. This is agreat opportunity to own an investment property with lots of potential. Some repairs are needed and property is Sold AS-IS.
Attention investors! Turnkey, income-producing property ready for its next owner. This unique former schoolhouse has been thoughtfully converted into a duplex, offering two units—each featuring 2 bedrooms and 1 full bathroom. A shared common area includes laundry and a comfortable sitting space for tenants. Situated on a spacious half-acre lot, the property offers plenty of outdoor room. Conveniently located near Ball State University, IU Health, downtown Muncie, and the Cardinal Greenway. Both units are occupied with long-term tenants, making this a strong, immediate income opportunity!
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.
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.
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.
