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Investment - Homes for Sale in Muncie, IN

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  • /14

    $99,000

    • 3 Beds
    • 1 Bath
    • 1,740 Sq Ft

    320 N Vine St, Muncie, IN 47305

    Welcome to 320 N Vine St — a spacious 3-bedroom, 1-bath home offering 1,740 square feet of living space and strong investment potential. Currently rented at $1050/month on month to month basis (long-term tenants), this property provides consistent cash flow and minimal monthly expenses (just taxes and sanitation). Inside, you’ll find a functional layout including a large living room, dining area,

    Agent Photo

    Andrew Morken

    Morken Real Estate Services, Inc.

    (765) 764-0282

    320 N Vine St, Muncie, IN 47305
  • /20

    $84,900

    • 3 Beds
    • 1 Bath
    • 1,130 Sq Ft

    1303 S Liberty St, Muncie, IN 47302

    Move in ready with immediate possession. New carpet, vinyl flooring and fresh interior and exterior paint. New furnace. Large living room nice entry way or dining area. Kitchen with some newer cabinets. Fenced in back yard. Open front porch. This would also a great investment property. Strong rental history.

    Agent Photo

    Rickie Sipe

    Property House

    (765) 678-7377

    1303 S Liberty St, Muncie, IN 47302
  • /27

    $67,900

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft

    2911 S Hackley St, Muncie, IN 47302

    Must See!! 2 Bedroom 1 Bath home ready for you to make your own. Lots of updates throughout. Great enclosed porch area. Spacious kitchen with lots of cabinet space. Would be great starter home or investment property.

    Aaron Orr RE/MAX Real Estate Groups

    2911 S Hackley St, Muncie, IN 47302
  • /23

    $80,999

    • 2 Beds
    • 1 Bath
    • 1,663 Sq Ft

    1712 W 15th St, Muncie, IN 47302

    Charming 2 Bedroom, 1 Bath Home with New Roof & HVAC! Don't miss this great opportunity to make this home your own! This cozy 2-bedroom, 1-bath property features a brand-new roof and a newer HVAC system, offering peace of mind and comfort year-round. Whether you're a first-time buyer, downsizing, or looking for an investment, this home has incredible potential. With a little personal touch, you

    William Kimes F.C. Tucker Company

    1712 W 15th St, Muncie, IN 47302
  • /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
  • /14

    $79,500

    • 1 Bed
    • 1 Bath
    • 591 Sq Ft

    303 S Proud St, Muncie, IN 47305

    SUCCESSFUL Airbnb ! This cute 1 bedroom comes with all nice newer furnishings, and is currently leased through January at $1700 monthly. This has been a popular rental for traveling nurses and has an average income of $1500 monthly.. Good online reviews. Convenient location close to downtown Muncie, Ivy Tech, Ball State.and the Hospital. Great Investment opportunity or buy this home as your

    Joann Davis F.C. Tucker Muncie, REALTORS

    303 S Proud St, Muncie, IN 47305
  • /13

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,880 Sq Ft

    216 N Vine St, Mun, IN 47303

    Welcome to 216 North Vine Street, Muncie, Indiana—an exceptional property that is part of an exclusive three-house package deal. This home presents a fantastic investment opportunity or a wonderful option for homebuyers. With its 3 bedrooms, 1 full bath, and 1 half bath, this house offers a comfortable and spacious living environment for families or individuals alike. The property's inviting

    Brian Ingle FC Tucker Richmond

    216 N Vine St, Mun, IN 47303
  • /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
  • /23

    $212,900

    • Land
    • 20.6 Acres
    • $10,335 per Acre

    0 N Moore Rd Unit 202532976, Muncie, IN 47304

    This stunning 20-acre property offers seclusion, but is close to everything NW Muncie has to offer. The property contains approximately 17 tillable acres and 3 wooded acres—a beautiful place to build your dream home! Located on the north side of Muncie city limits, it's situated within the fabulous Royerton and Delta School system. This is a rare opportunity to own a private, small acreage,

    Aaron Orr RE/MAX Real Estate Groups

    0 N Moore Rd Unit 202532976, Muncie, IN 47304
  • /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
  • /23

    $54,900

    • 1 Bed
    • 1 Bath
    • 624 Sq Ft

    2920 S Vine St, Muncie, IN 47302

    Tons of options with this affordable home! Located on a large corner lot, this home offers the options for affordable living or a great investment property! This home features a large living room, 1 spacious bedroom, eat in kitchen, full bath, and laundry/ mudroom area. Outside there is a shed for storage. Just two blocks off Madison, this home is close to shopping and restaurants.

    Rebekah Hanna NextHome Elite Real Estate

    2920 S Vine St, Muncie, IN 47302
  • /21

    $69,900

    • 2 Beds
    • 1 Bath
    • 978 Sq Ft

    1822 W 7th St, Muncie, IN 47302

    Great Opportunity for an investment property or possible flip. Or do some updates and make it your own! This cute 2 bedroom home has lots of potential with a great floor plan, corner lot and fenced in yard. Features include an open living and dining area, and an enclosed front porch. A nice walk-in shower has been recently installed and the home has replacement windows, There is a detached

    Joann Davis F.C.Tucker Muncie, REALTORS®

    1822 W 7th St, Muncie, IN 47302
  • /15

    $49,900

    • 2 Beds
    • 1 Bath
    • 1,044 Sq Ft

    3021 W 26th St, Muncie, IN 47302

    Positioned on a desirable corner lot, this 3-bedroom, 1-bath home with 1,044 sq ft presents a compelling investment opportunity with solid long-term potential. The property showcases a timeless stone exterior, offering strong curb appeal. Inside, the home is ready for transformation and will require updates and repairs, making it an ideal project for investors, flippers, or buyers seeking

    Bryce Conyers Starr Real Estate LLC

    3021 W 26th St, Muncie, IN 47302
  • /14

    $105,000

    • 2 Beds
    • 1 Bath
    • 774 Sq Ft

    3404 S Grant St, Muncie, IN 47302

    Charming, move in ready home located in Muncie. Conveniently located less than 15 minutes away from Ball State! This 2 bedroom, 1 bathroom property features a full unfinished basement offering excellent storage or future potential. Enjoy nature on the relaxing, covered, front and back porches, or take advantage of the fenced in backyard complete with a partial basketball court and goal - perfect

    Allison Mullenix Austin Realty

    3404 S Grant St, Muncie, IN 47302
  • /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
  • /3

    $68,900

    • 3 Beds
    • 1 Bath
    • 888 Sq Ft

    300 N Biltmore Ave, Muncie, IN 47303

    Rented for $650 a month, lease ends 8-31-26, tenants pay all utilities. Charming 3 bedroom, 1 bath home offering 888 sq ft of living space. Features a spacious backyard perfect for outdoor enjoyment. Long-term tenants have occupied the property for over 10 years, making it a great investment opportunity. Possible 4 package with 2116 W 11th St Muncie, 809 E Dunn Ave Muncie, and 539 N Plum St

    Heather Clemmons Starr Real Estate LLC

    300 N Biltmore Ave, Muncie, IN 47303
  • /21

    $114,900

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    1720 E Yale Ave, Muncie, IN 47303

    Great starter home or investment property, move-in ready! It's the perfect blend of comfort and convenience, making it an excellent opportunity for homeowners or investors alike. Step inside to find a warm and inviting layout with plenty of natural light throughout. The cozy living spaces create the perfect spot for relaxing or entertaining, while the kitchen offers function and potential for

    Lucero Vargas RE/MAX Complete

    1720 E Yale Ave, Muncie, IN 47303
  • /6

    $22,500

    • 3 Beds
    • 1 Bath
    • 1,818 Sq Ft

    305 S Proud St, Muncie, IN 47305

    Rehab/ Investment Property. This 3 bedroom home has potential to be a good rental or flip property. Convenient location near downtown Muncie, Ivy Tech , Ball State and the Hospital. Seller also has 303 proud listed next door as a successful AIRBNB Property is price right and sold as is.

    Joann Davis F.C. Tucker Muncie, REALTORS

    305 S Proud St, Muncie, IN 47305
  • /15

    $122,000

    • 2 Beds
    • 1 Bath
    • 972 Sq Ft

    1604 W Cowing Dr, Muncie, IN 47304

    Welcome to this charming 2-bedroom, 1-bath home situated on a spacious corner lot just minutes from Ball State, shopping, and a wide variety of restaurants. Ideal for first-time home buyers or investors looking to add to their portfolio, this property offers solid value and everyday convenience in a prime location. Inside, you’ll find a comfortable, easy-to-maintain layout and the home features

    Ryan Kramer RE/MAX Real Estate Groups

    1604 W Cowing Dr, Muncie, IN 47304
  • /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
  • /19

    $790,000

    • 2 Beds
    • 2 Baths

    820 W Howard St, Muncie, IN 47305

    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

    Jaxyn Holmes @properties

    820 W Howard St, Muncie, IN 47305
  • /30

    $69,500

    • 4 Beds
    • 2 Baths
    • 2,232 Sq Ft

    925 W Powers St, Muncie, IN 47305

    Spacious 4-Bedroom Home with Wraparound Porch, front and side. - Selling As-Is. This charming two-story, four-bedroom, two-bath home offers endless potential for the right buyer. While the home needs updates and TLC, it provides opportunity to create your own investment property. The Property features include wrap around front porch, partially fenced yard, detached garage, newer roof (2020),

    Lela Boucher Ryse Real Estate

    925 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
  • /20

    $669,900

    • Land
    • 50.45 Acres
    • $13,278 per Acre

    6000 W Hellis Dr, Muncie, IN 47304

    Incredible 50.45-acre opportunity in the highly desirable Yorktown School District! This property consists of four separate parcels being sold together, offering a versatile mix of income-producing farmland, natural beauty, and development potential. 37 acres are currently cash rented to a local farmer on a year-to-year lease generating $8325 annually (tenant rights through end of year). The land

    Molly Konermann Inan Curb Appeal Realty LLC

    6000 W Hellis Dr, Muncie, IN 47304
  • /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

    $75,000

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft

    1506 E 24th St, Muncie, IN 47302

    Great Opportunity for an investment property or possible flip. Or do some updates and make it your own! This cute 2-bedroom home has lots of potential with a great floor plan, and the original hard wood floors make a statement. Features include an open living and kitchen area, laundry room with shelves and a covered back porch. A new furnace, water heater and 200-amp electrical box are being

    Melissa True Carpenter, REALTORS®

    1506 E 24th St, Muncie, IN 47302
  • /46

    $99,900

    • 2 Beds
    • 2 Baths
    • 1,060 Sq Ft

    1710 S Birch St, Muncie, IN 47302

    Absolutely charming! A perfect starter home or an incredible investment- this cute 1200 sq ft - 2 bedroom/2 bath fully refurbished home is completely move in ready. With over $26,000 in just completed improvements this home is outstanding! Plus- location, location, location! Ideally located within a block of Ross Community Center, Rosebud Coffee House, First County Credit Union, Citgo Gas and

    Mark Harris CENTURY 21 Scheetz

    1710 S Birch St, Muncie, IN 47302
  • /2

    $19,900

    • 4 Beds
    • 1 Bath
    • 1,228 Sq Ft

    429 W 6th St, Muncie, IN 47302

    Great investment opportunity! The property features 1,228 sq ft of living space on a 24x125 lot, with three bedrooms upstairs, one bedroom and one bathroom downstairs.

    Seth Dawson eXp Realty, LLC

    429 W 6th St, Muncie, IN 47302
  • /16

    $209,900

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

    429 W Charles St, Muncie, IN 47305

    Discover an excellent investment opportunity in the Old West End of downtown Muncie with this fully configured fiveplex at 429 W Charles Street. This brick-constructed multi-family property features a total of 7 bedrooms and 5 full baths within approximately 2,092 square feet of living space Property Highlights: • Five units with flexible rental configurations (12 total bedrooms, 5 baths). •

    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

Home Trends in Muncie, IN

Housing Trends

Median Sale Price
$115,000
Median Single Family Sale Price
$115,000
Median Townhouse Sale Price
$85,000
Median 2 Bedroom Sale Price
$149,900
Median 1 Bedroom Sale Price
$128,350
Average Price Per Sq Ft
$86
Number of Homes for Sale
115
Last 12 months Home Sales
704
Months of Supply
2.00
Median List Price
$124,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-2%
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