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Explore Similar Apartments Within 10 Miles of Middletown, IN

  • /14

    $124,900

    • 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 not have

    Agent Photo

    Samuel Schlagel

    F.C. Tucker/Crossroads

    (765) 295-7032

    239 W 38th St, Anderson, IN 46013
  • /27

    $259,900

    • 3 Beds
    • 2 Baths

    1905 E Balsam Ct, Anderson, IN 46011

    Imagine waking up in a spacious, sunlit home where your mortgage feels like a distant memory-because the rent from one side of this stunning duplex almost covers it all, letting you live practically free. Welcome to this rare gem in Anderson's peaceful Greenbrier Addition, where smart investing meets effortless living. This side-by-side duplex offers two identical, impeccably maintained units,

    Robert Lappin

    Circle 8, LLC

    (765) 978-5083

    1905 E Balsam Ct, Anderson, IN 46011
  • /15

    $85,000

    • 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.

    Agent Photo

    Hilary Casstevens

    Epique Inc

    (765) 636-2015

    1820 Central Ave, Anderson, IN 46016
  • /25

    $119,900

    • 4 Beds
    • 3 Baths
    • 2,806 Sq Ft

    1727 Plum St, New Castle, IN 47362

    This versatile home, originally designed as a duplex, offers the potential for easy conversion back to its original layout. Situated on a corner lot, the property features a fenced yard and a generous 3+ car detached garage with attic storage, ensuring ample space for vehicles and belongings. With off-street parking available, this residence can accommodate up to 6 bedrooms or provide abundant

    Agent Photo

    Susan Falck-Neal

    RE/MAX First Integrity

    (765) 727-5972

    1727 Plum St, New Castle, IN 47362
  • /11

    $145,000

    • 4 Beds
    • 3 Baths

    1319 W Kilgore Ave, Muncie, IN 47305

    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

    Justin Lowe Ellsbury Commerical Group

    1319 W Kilgore Ave, Muncie, IN 47305
  • /20

    $199,900

    • 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
  • /6

    $130,000

    • 3 Beds
    • 2 Baths

    800 W Lindweth Place, Muncie, IN 47303

    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

    Jessica Degbelo Boots Realty, LLC

    800 W Lindweth Place, 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
  • /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
  • /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
  • /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
  • /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
  • /13

    $89,900

    • 1 Bed
    • 1 Bath

    2030 Broadway St, Anderson, IN 46012

    Discover a solid investment opportunity at 2030 Broadway St on the far north side of Anderson-an area known for its convenience and desirability. This ranch duplex offers two 1BD/1BA units, each just over 600 sq ft, and is ideally located within 10 minutes of downtown, Anderson University, Community Hospital, Shadyside and Alex Pike Parks, many restaurants and businesses, and the regional

    Peter Stewart Keller Williams Indpls Metro N

    2030 Broadway St, Anderson, IN 46012
  • /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
  • /10

    $124,900

    • 3 Beds
    • 3 Baths

    504 N 12th St, New Castle, IN 47362

    Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this functional and fully rented triplex located in the heart of New Castle, Indiana. Featuring three separate 1-bedroom units, this property offers steady income from day one with current tenants already in place. While basic upgrades could elevate the property's value, each unit is livable and functional, making

    Jim Gilday eXp Realty, LLC

    504 N 12th St, New Castle, IN 47362
  • /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
  • /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
  • /40

    $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
  • /21

    $120,000

    • 6 Beds
    • 4 Baths

    515 W 2nd St, Anderson, IN 46016

    Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Off-street parking and 2 units recently renovated and ready to rent, some work will get the other unit ready to roll.

    Daniel Soares Weichert, REALTORS®

    515 W 2nd St, Anderson, IN 46016
  • /33

    $109,900

    • 7 Beds
    • 2 Baths

    2413 S Gharkey St, Muncie, IN 47302

    Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units are

    Jim Gilday eXp Realty, LLC

    2413 S Gharkey St, Muncie, IN 47302
  • /26

    $64,000

    1024 W Powers St, Muncie, IN 47305

    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.

    Justin Lowe Ellsbury Commerical Group

    1024 W Powers St, Muncie, IN 47305
  • /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
  • /56

    $285,000

    • 3 Beds
    • 2 Baths

    339 W 11th St, Anderson, IN 46016

    RARE OPPORTUNITY! Active short term rental! Rehabbed triplex with positive cash flow history offering 5 beds, 3.5 baths, and strong short-term rental performance. Located at 339 W 11th St, Anderson, IN 46016 this 4,629 sq ft property sits on an 11,232 sq ft lot and features a private parking lot plus a 6-car detached garage. Built in 1890 and beautifully updated, units showcase shaker cabinets,

    Grant Gorman Green Forest Realty

    339 W 11th 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
  • /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
  • /46

    $128,000

    415 W Howard St, Muncie, IN 47305

    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.

    Justin Lowe Ellsbury Commerical Group

    415 W Howard St, Muncie, IN 47305
  • /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
  • /11

    $209,900

    • 12 Beds
    • 5 Baths
    • 2,092 Sq Ft

    429 W Charles St, Muncie, IN 47305

    Cody Wallace Ferris Property Group

    429 W Charles St, Muncie, IN 47305
  • /19

    $99,500

    • 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, Cardinal Greenway and the Farmers Market. There are 2- one bedroom 1 bath units and 1- two bedroom 2 bath units.. The upstairs unit has been updated and ready to rent. The other 2 units need finished, but all new windows and doors have been recently

    Joann Davis F.C. Tucker Muncie, REALTORS

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

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
$190,000
Median Single Family Sale Price
$190,000
Average Price Per Sq Ft
$129
Number of Homes for Sale
5
Last 12 months Home Sales
58
Months of Supply
1.00
Median List Price
$199,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
1%
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