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Explore Similar Apartments Within 10 Miles of Middletown, IN

  • /19

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,853 Sq Ft

    520 N Alameda Dr, Muncie, IN 47303

    Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

    Agent Photo

    Lisa Buckner

    RE/MAX Real Estate Groups

    (765) 723-6881

    520 N Alameda Dr, Muncie, IN 47303
  • /14

    $134,000

    • 3 Beds
    • 2 Baths

    239 W 38th St, Anderson, IN 46013

    Great investment opportunity in Anderson. Take advantage of this conveniently located duplex that is currently fully rented on a main street in Anderson Owner has had property managed professionally. The lower unit is two bedroom, one bath. The upper unit is one bedroom, one bath. The 2-car detached garage is currently being rented for storage separately for additional income Tenants do

    Agent Photo

    Samuel Schlagel

    F.C. Tucker/Crossroads

    (765) 295-7032

    239 W 38th St, Anderson, IN 46013
  • /34

    $124,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    2001 S 14th St, New Castle, IN 47362

    Turnkey duplex investment opportunity. Fully leased and ready for immediate income, this well-maintained duplex offers a solid addition to your investment portfolio. Situated on a corner lot with alley access and sidewalks, the property features two updated units with low-maintenance exterior. Unit 1 offers 2 bedrooms and 1 bath, while Unit 2 has 1 bedroom and 1 bath. Both units are in good

    Agent Photo

    Susan Falck-Neal

    RE/MAX First Integrity

    (765) 544-5860

    2001 S 14th St, New Castle, IN 47362
  • /32

    $254,900

    • 5 Beds
    • 2.5 Baths
    • 2,135 Sq Ft

    122 Darin Ct, Anderson, IN 46012

    Welcome to this fully renovated duplex. Each unit features new flooring throughout, updated kitchens with granite counter tops and new appliances. Bathrooms have been completely remodeled, with new vanities, toilets and tub surrounds. Both units have been repainted and new light fixtures installed. The roof and HVAC are new, along with new duct work. Unit 1 has 2 bedrooms, 1 full bath and

    Erin Phillips RE/MAX Real Estate Groups

    122 Darin Ct, Anderson, IN 46012
  • /8

    $163,000

    • 4 Beds
    • 2 Baths

    131 W 13th St, Anderson, IN 46016

    Investor Special! This Anderson duplex checks all the boxes: $1,750/month gross rents on a $165K list price, beating the 1% rule. Each unit is separately metered, and tenants cover all utilities, lawn care, and snow removal. Major updates completed: new siding (2022), some new windows, updated flooring & carpet (2022), plus new appliances, furnace, and water heater (2024). With big-ticket

    Alyssa Burton Inspired Realty

    131 W 13th St, Anderson, IN 46016
  • /36

    $159,000

    • 4 Beds
    • 2 Baths
    • 1,434 Sq Ft

    1119 W Bethel Ave, Muncie, IN 47303

    Come and admire this corner lot bungalow style home. This home has been thoughtfully updated while preserving the character of this 1940 home. Inside you will find a nice sized kitchen, large living room with a gas fireplace (never used by these owners), 4 bedrooms, 2 full bathrooms, a laundry room and storage closet. This is the ideal home for a family or for a student rental. Refinished

    Melanie White Berkshire Hathaway Indiana Realty

    1119 W Bethel Ave, Muncie, IN 47303
  • /16

    $170,000

    • 4 Beds
    • 3 Baths

    1309 Brown St, Anderson, IN 46016

    Just about as turnkey as it gets. All three units occupied and pulling in great cashflow. Two fully renovated units with one ready to be updated for some value add later on. Now is your opportunity to acquire a cash flowing property while you still can!

    Austin Main Resolute Realty

    1309 Brown St, Anderson, IN 46016
  • /39

    $254,900

    • 4 Beds
    • 4 Baths

    1432 Ohio Ave, Anderson, IN 46016

    1432 Ohio Ave, presenting a prime investment in the city of Anderson! This large 4-unit building has recently experienced an extensive six figure renovation & is now up for sale with income generating $2,800 monthly. This property is in the central heart of Anderson & close to everything making this a top tier location for occupants, & a high quality investment portfolio addition!

    Stuart Houghton Keller Williams Indy Metro S

    1432 Ohio Ave, Anderson, IN 46016
  • /11

    $104,900

    • 3 Beds
    • 1 Bath
    • 1,030 Sq Ft

    1602 W Adams St, Muncie, IN 47303

    3 bedroom investment property located near BSU. Currently rented at $795 month with a long term tenant but this is below market rate. Leased until 6/2026. Instant cash flow! This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave.

    Brad Bowman Home 2 Home Realty Group

    1602 W Adams St, Muncie, IN 47303
  • /8

    $219,900

    • 7 Beds
    • 2 Baths
    • 2,876 Sq Ft

    2112 W Main St, Muncie, IN 47303

    Close to BSU! This duplex could be easily rented to students one day. Currently both units are occupied. Upstairs is a 4 bedroom unit rented for $1,085. Downstairs is a 3 bedroom rented for $875. Both long term tenants. Seller is a licensed agent.

    Michael Burke Burke Realty

    2112 W Main St, Muncie, IN 47303
  • /14

    $114,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    1600 W Adams St, Muncie, IN 47303

    Close to BSU and IU. Fully updated with tenant secured through July 2026 at $1,100/month. It offers investors a turnkey, maintenance opportunity with immediate returns and long-term growth potential. Property highlights: new flooring, new light fixtures, fresh paint, new fascia, gutters on west side, new kitchen cabinets, updated electrical, new appliances, and updated bathroom. This property is

    Brad Bowman Home 2 Home Realty Group

    1600 W Adams St, Muncie, IN 47303
  • /13

    $114,900

    • 3 Beds
    • 1 Bath
    • 1,191 Sq Ft

    512 S Talley Ave, Muncie, IN 47303

    Long term tenant in this investment property. Currently leased for $925 a month on a month to month basis. Property is close to BSU and IU Health. Current rent is below market rate. This property can generate instant cash flow. This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave., 1602 W Adams St.

    Brad Bowman Home 2 Home Realty Group

    512 S Talley Ave, Muncie, IN 47303
  • /14

    $164,900

    • 4 Beds
    • 1.5 Baths
    • 1,440 Sq Ft

    216 S Dill St, Muncie, IN 47303

    This duplex is being offered for $169,900 and already generates **$1,500 per month in rental income with both units leased through **June 2026** and **July 2026**. This turnkey investment offers strong cash flow and long-term security. Recent renovations (within 6 months): -new appliances -updated flooring and carpet -fresh paint and updated bathrooms. This property is part of a potential 5

    Brad Bowman Home 2 Home Realty Group

    216 S Dill St, Muncie, IN 47303
  • /5

    $114,900

    • 4 Beds
    • 1 Bath
    • 1,193 Sq Ft

    1623 N Janney Ave, Muncie, IN 47304

    Long term tenant in this investment property. Current lease through January 2026. Great location near BSU and IU Health. Instant income with monthly rent of $927 a month. This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave., 1602 W Adams St.

    Brad Bowman Home 2 Home Realty Group

    1623 N Janney Ave, Muncie, IN 47304
  • /15

    $87,000

    • 3 Beds
    • 2 Baths

    1820 Central Ave, Anderson, IN 46016

    Excellent investment opportunity in the heart of Anderson! This two-story duplex features two rental units with strong income potential and a location that keeps demand high. Situated close to downtown, the hospital, and public transportation, this property attracts consistent tenants seeking convenience and accessibility. Unit One: 2 bedrooms, 1 bath -spacious layout ideal for long-term renters.

    Hilary Casstevens Epique Inc

    1820 Central Ave, Anderson, IN 46016
  • /20

    $214,900

    • 4 Beds
    • 2 Baths

    1507 W 7th St, Anderson, IN 46016

    Located at 1507 W 7th ST, Anderson, IN, this duplex in Madison County presents a unique opportunity to own a piece of history. Built in 1910, this property offers a glimpse into a bygone era, while holding incredible potential. This two-story property is waiting for you to come and see all it has to offer. This charming, vintage duplex offers a remarkable chance to create a living space

    Sonya Pickett RE/MAX Real Estate Solutions

    1507 W 7th St, Anderson, IN 46016
  • /13

    $190,000

    • 8 Beds
    • 3 Baths

    1320 E Main St, Muncie, IN 47305

    Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack"

    Justin Lowe Ellsbury Commerical Group

    1320 E Main St, Muncie, IN 47305
  • /8

    $148,000

    • 6 Beds
    • 2 Baths

    221 E 6th St, Muncie, IN 47302

    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

    Justin Lowe Ellsbury Commerical Group

    221 E 6th St, Muncie, IN 47302
  • /5

    $135,000

    • 7 Beds
    • 2 Baths

    1328 E Main St, Muncie, IN 47305

    This is your chance to acquire a meticulously maintained, high-earning duplex in Muncie, Indiana's robust and growing real estate market. Positioned in a desirable neighborhood, this property is more than just a home-it's a proven income-generating asset, perfect for the seasoned investor or a savvy owner-occupant looking to live for free. Investment Highlights: Exceptional Cash Flow: With

    Justin Lowe Ellsbury Commerical Group

    1328 E Main St, Muncie, IN 47305
  • /6

    $425,000

    • 8 Beds
    • 5 Baths

    2701 E 8th St, Anderson, IN 46012

    Investor opportunity! This fully occupied 3-unit apartment complex offers immediate income potential with a total of 8 bedrooms and 5 bathrooms. The property includes two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit, all with strong rental history and dependable tenants already in place. The home has easy access to shops, dining, and local amenities, making it ideal for guests

    Greg Cole Carpenter, REALTORS®

    2701 E 8th St, Anderson, IN 46012
  • /9

    $50,000

    • 3 Beds
    • 2 Baths

    2209 Noble St, Anderson, IN 46016

    Blank canvas for your creativity! This duplex is taken down to the studs, ready for a complete transformation. Whether you're looking to generate income with a dual rental property, or convert it into a spacious two-story single-family home, this property offers the flexibility and foundation to bring your plans to life. New roof and windows throughout! Property being sold as-is. Hold harmless

    Lindsay Wolfe Trueblood Real Estate

    2209 Noble St, Anderson, IN 46016
  • /18

    $69,000

    • 3 Beds
    • 4 Baths
    • 2,468 Sq Ft

    802 1/2 N Mulberry St, Muncie, IN 47305

    GREAT INVESTMENT OPPORTUNITY! This triplex is located in a convenient location, close to the new YMCA, Central High School, Downtown Muncie and the Farmers Market. There are 3-one bedroom units. One unit has been updated and the other 2 need some work.New vinyl siding has been started outside, but needs finished. Corner Lot. This is a great price for 3 units in a neighborhood that has lots of

    Joann Davis F.C. Tucker Muncie, REALTORS

    802 1/2 N Mulberry St, Muncie, IN 47305
  • /4

    $108,900

    • 5 Beds
    • 2 Baths
    • 2,212 Sq Ft

    502 S Mound St, Muncie, IN 47305

    *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.

    Heather Clemmons Starr Real Estate LLC

    502 S Mound St, Muncie, IN 47305
  • /24

    $88,900

    • 2 Beds
    • 2 Baths
    • 1,078 Sq Ft

    202 E Maple St, Muncie, IN 47305

    *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.

    Heather Clemmons Starr Real Estate LLC

    202 E Maple St, Muncie, IN 47305
  • /6

    $139,900

    • 3 Beds
    • 3 Baths

    1316 E 7th St, Anderson, IN 46012

    Investment Opportunity in Chestnut Park! Well maintained 3 unit Multi-Family property near the University. Property backs up to to the university campus. Gross annual income of $13,500. Two apartment units and an efficiency unit. All units come with a Stove and Refrigerator. On-site parking and street parking.

    Justin Puckett Keller Williams Indy Metro NE

    1316 E 7th St, Anderson, IN 46012
  • /89

    $72,000

    • 3 Beds
    • 2 Baths

    2223 Nichol Ave, Anderson, IN 46016

    Seller financing available! Investor Opportunity! This unique property was originally two separate houses, now connected by two large meeting rooms-the multi-use property with 9,582 sqft, featuring some deficiencies, but priced to sell. The two original homes, one with the potential of a separate, efficient apartment, could serve as residences or generate rental income. The two large open areas

    Kevin Majeski Carpenter, REALTORS®

    2223 Nichol Ave, Anderson, IN 46016
  • /9

    $124,900

    • 4 Beds
    • 2 Baths

    1127 S 18th St, New Castle, IN 47362

    Welcome to this charming duplex rental property situated on a spacious corner lot, offering an excellent investment opportunity for savvy buyers or those seeking supplemental income. This well-maintained home features two separate units, each with its own private entrance, making it ideal for long-term tenants or a live-in owner looking to offset their mortgage. The main level unit boasts three

    Allyson Brooks Mark Dietel Realty, LLC

    1127 S 18th St, New Castle, IN 47362
  • /21

    $170,000

    • 5 Beds
    • 3 Baths

    120 W 5th St, Anderson, IN 46016

    Welcome to 120 and 118 W Fifth Street - a beautifully updated duplex located just steps from downtown Anderson. This property is the perfect blend of classic charm and modern style with great curb appeal and loads of character. This versatile property offers three spacious units with many updates, vintage details, and abundant natural light. With a third unit already in the home, it can be easily

    Michael Nauman RE/MAX Advanced Realty

    120 W 5th St, Anderson, IN 46016
  • /8

    $400,000

    • 8 Beds
    • 4 Baths

    319 Hst W 10th St, Anderson, IN 46016

    Quadplex in the heart of Anderson's historic district, steps from downtown. Completely remodeled! Each unit with 2 bedrooms/1 bathroom. Great, modern finishes, open layout, new laminate flooring, kitchens with granite countertops.

    Justin Puckett Keller Williams Indy Metro NE

    319 Hst W 10th St, Anderson, IN 46016
  • /11

    $124,900

    • 3 Beds
    • 2 Baths

    1309 Pearl St, Anderson, IN 46016

    Investment property located just minutes from downtown Anderson! This duplex features a 1-bed/1-bath unit and a 2-bed/2-bath unit with separate entry. Tenants pay all utilities and there is a new water line from the street to the home. Whether you are a seasoned investor or just starting your portfolio, this property offers great income potential in a desirable area!

    Cory Parker RE/MAX Real Estate Solutions

    1309 Pearl St, Anderson, IN 46016
  • /25

    $210,000

    • 6 Beds
    • 3 Baths

    20 & 22 W 8th St, Anderson, IN 46016

    Attention Investors! This downtown gem has loads of potential!!! Recently updated, this building has a finished 3,182 sq. ft ready for your needs. This is actually two buildings, 20 & 22 W. 8th. They have long been combined, there are two doorways through the firewall. The east side features a huge full bath and washer dryer hookups. The building is zoned in the permissive B-2 class

    Nick Rodgers RE/MAX Real Estate Solutions

    20 & 22 W 8th St, Anderson, IN 46016
  • /13

    $125,000

    • 3 Beds
    • 2 Baths

    1421 Church St, New Castle, IN 47362

    Discover a fantastic investment or owner-occupancy opportunity at 1421 Church Street! This well-situated duplex in New Castle offers immediate income potential or the chance to live in one unit while renting out the other. Two Units: Ideal for maximizing rental income or owner-occupancy with rental income. Unit 1: 1 Bedrooms, 1 Bathrooms ($550/month) Unit 2: 2 Bedrooms, 1 Bathroom

    Justin Lowe Ellsbury Commerical Group

    1421 Church St, New Castle, IN 47362
  • /26

    $285,000

    • 7 Beds
    • 4 Baths

    1521 Indiana Ave, New Castle, IN 47362

    Property is being offered as a part of larger portfolio at ($900,000) that is 13 units. This property offer 4 units listed below: - Unit 1: 3bed/1bath ($915) - Unit 2: 2bed/1bath ($740) - Unit 3: 1bed/1bath ($525) - Unit 4: 1bed/1bath ($600) Property comes with a parking lot. Tenants pay all utilities.

    Justin Lowe Ellsbury Commerical Group

    1521 Indiana Ave, New Castle, IN 47362
  • /12

    $225,000

    • 3 Beds
    • 3 Baths

    715 Broad St, New Castle, IN 47362

    This property is included in a larger portfolio where all properties are in New Castle, IN. The property offer 3 units each currently rented: - Unit 1: 575/month (1bed,1bath) - Unit 2: 600/month (1bed,1bath) - Unit 3: 600/month (1bed,1bath) Tenants pay all utilities.

    Justin Lowe Ellsbury Commerical Group

    715 Broad St, New Castle, IN 47362
  • /15

    $225,000

    • 3 Beds
    • 2 Baths

    633 S 14th St, New Castle, IN 47362

    Discover the delightful possibilities of 633 S 14th Street! This property in New Castle offers a blend of comfortable living and potential for additional income, making it ideal for homeowners or savvy investors. The property functions as a duplex, featuring two separate living units under the same roof. - Unit 1: 2 beds/1bath @ 800/month - Unit 2: 2 beds/1bath @ 810/ month Is apart of a

    Justin Lowe Ellsbury Commerical Group

    633 S 14th St, New Castle, IN 47362
  • /17

    $125,000

    • 3 Beds
    • 2 Baths

    1420 Indiana Ave, New Castle, IN 47362

    INVESTOR SPECIAL! 1420 Indiana Ave, New Castle, IN presents a fantastic opportunity! This duplex offers immediate income potential. Each of the two units features comfortable living spaces. One unit boasts 3 bedrooms and 2 bathrooms, while the other offers 3 bedrooms and 1 bathroom. Built in 1945, this property retains its classic charm while offering a solid investment in a convenient

    Justin Lowe Ellsbury Commerical Group

    1420 Indiana Ave, New Castle, IN 47362
  • /36

    $169,900

    • 2 Beds
    • 2 Baths
    • 1,508 Sq Ft

    334 Central Ave, Anderson, IN 46012

    Tenants fall in love with this charming mid-century modern duplex just one block from Anderson University. Each unit boasts an attached garage with included opener, a 12’x17’ spacious hardwood floor bedroom, galley kitchens with new or newer appliances, granite countertops, dishwashers, disposals, washer-dryer hookups and more. The large living rooms feature brick fireplaces, floor-to-ceiling

    Jon Green F.C. Tucker / Prosperity

    334 Central Ave, Anderson, IN 46012
  • /10

    $92,150

    • 1,344 Sq Ft

    731 W 9th St Unit Anderson, Anderson, IN 46016

    Welcome to this charming duplex at 731-733 West 9th Street, Anderson, Indiana. Built in 1941, this property offers an excellent investment opportunity with two units, each designed to provide comfortable living spaces. Unit 731 features one bedroom and one bathroom, perfect for singles or couples. Unit 733 offers two bedrooms and one bathroom, ideal for small families or tenants needing extra

    BRIAN INGLE FC Tucker Richmond

    731 W 9th St Unit Anderson, Anderson, IN 46016
  • /38

    $130,000

    • 4 Beds
    • 2 Baths

    2420 Fletcher St, Anderson, IN 46016

    Investor ready! Renovated duplex ready for its new owner. Both units are currently occupied. Great income producing potential! Each side features 2 bedrooms, 1 bathroom, large living room and kitchen, and separate laundry room. Property to be sold as-is! Both units have had electric updated.

    Justin Puckett Keller Williams Indy Metro NE

    2420 Fletcher St, Anderson, IN 46016

Why Live in Middletown

Middletown, Indiana, is an agricultural community of just over 2,000 people, situated midway between Muncie, Anderson, and New Castle. The town is known for its generational ties and solid educational institutions, with Shenandoah Elementary School being highly rated. The Shenandoah School Corporation serves around 1,300 students, offering small class sizes and programs like Advanced Placement courses and Future Farmers of America. Middletown features a strong sense of community, with numerous churches within its one square mile. The town's housing market consists mainly of homes built before 1970, with a median sale price of approximately $220,000. Dietrich Memorial Park is a central recreational area, featuring a youth sports complex, playgrounds, and a splash pad. The Honey Creek Trail, a 5-mile paved path, is a popular spot for outdoor activities, connecting the town to the nearby community of Honey Creek. Golf enthusiasts can enjoy the Valley View Golf Course on Fall Creek. Dining options in Middletown include locally owned restaurants like Papa Pepperoni’s Pizza, a Mexican restaurant, and a Chinese restaurant, with more choices available in Anderson, about 10 miles away. The Belgian Horse Winery, located a couple of miles outside town, offers live music, food trucks, and events. For shopping, residents often travel to Anderson or the Hamilton Town Center outdoor mall, roughly 30 minutes away.

Home Trends in Middletown, IN

Housing Trends

Median Sale Price
$189,000
Median Single Family Sale Price
$188,000
Median Townhouse Sale Price
$25,000
Average Price Per Sq Ft
$124
Number of Homes for Sale
8
Last 12 months Home Sales
60
Months of Supply
1.60
Median List Price
$195,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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