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Explore Similar Apartments Within 2 Miles of Downtown Muncie, 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
  • /33

    $199,900

    • 6 Beds
    • 4 Baths
    • 3,143 Sq Ft

    800-802 W North St, Muncie, IN 47303

    800-802 W North Street in Muncie is a prime investment opportunity that generates an impressive total monthly rent of $2,325.00 and just steps from Ball State University. This spacious duplex features two separate 3-bedroom, 2-bath units, each with private entrances, full kitchens with appliances, updated baths, and bright living spaces with original wood trim and large windows. The property has

    James Meredith NextHome Elite Real Estate

    800-802 W North St, Muncie, IN 47303
  • /11

    $109,900

    • 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

    $224,900

    • 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

    $119,900

    • 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

    $119,900

    • 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

    $169,900

    • 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

    $119,900

    • 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
  • /35

    $270,000

    • 7 Beds
    • 5 Baths

    100 N Calvert St, Muncie, IN 47303

    Ball State investment opportunity, Tri-plex, all units Leased until July 2026. Main house is a 4 bedroom, 3 bath, w/ full kitchen, and secondary kitchenette. The 2nd structure (1708 W Main, Unit A & B) offer 1 bedroom, 1 bath units, and Unit A (lower level) could be utilized as a 2 bedroom if deemed fit. All units are leased through the 2025-2026 academic year. The units generate $3,040 per

    Beau Gibson F.C. Tucker Company

    100 N Calvert St, Muncie, IN 47303
  • /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

    $109,900

    • 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

    $89,900

    • 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
  • /7

    $69,400

    • 2,292 Sq Ft

    1024 W Powers St, Muncie, IN 47305

    At 1024 W Powers ST, MUNCIE, IN, this duplex presents an exciting opportunity to own a property with a blank slate. Property is down to studs with new wiring ran. New roof and siding 2024. Built in 1890, this two-and-a-half story home rests on a 4826 square feet lot area, providing ample space for comfortable living. This duplex offers a unique opportunity to own a piece of Muncie's history.

    Dawn Cravens The Taflinger Real Estate Group

    1024 W Powers St, Muncie, IN 47305

Why Live in Downtown Muncie

Downtown Muncie is a pedestrian-friendly neighborhood known for its historic architecture and vibrant community life. Residents enjoy walkability to a variety of dining options, including The Caffeinery, a local coffee shop that serves as a social hub, and Savage's Ale House, popular for its craft beers and casual atmosphere. For a more upscale dining experience, 1925 PubHouse offers award-winning desserts and steaks. The neighborhood also features Tuppee Tong for Thai cuisine and CASA for Mexican fare. Canan Commons Park hosts numerous events, such as outdoor concerts and movies, contributing to the area's lively atmosphere. The Muncie Civic Theatre and Muncie Children's Museum provide cultural and educational experiences, while the Carnegie Library offers extensive local history and genealogy resources. Outdoor enthusiasts can explore the White River Greenway, Cardinal Greenway, and Muncie Arts and Culture Trail, which connect to various parts of the city and beyond. The Downtown Farm Stand supplies organic groceries, and additional shopping is available 2 miles north at Muncie Mall. Public transit via the Muncie Indiana Transit System makes commuting convenient. Housing options include historic single-family homes in styles like American Foursquare, as well as condos and apartments in converted Italianate buildings. The neighborhood is served by Muncie Community Schools, with Muncie Central High School offering dual enrollment courses with Ivy Tech Community College. Safety in Downtown Muncie is comparable to the national average, making it a practical choice for families and individuals alike.

Home Trends in Downtown Muncie, IN

Housing Trends

Median Sale Price
$160,000
Median Single Family Sale Price
$599,900
Median 2 Bedroom Sale Price
$199,000
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$123
Number of Homes for Sale
3
Last 12 months Home Sales
1
Months of Supply
36.00
Median List Price
$413,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-68%
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