Investment - Homes for Sale in Muncie, IN

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 Group

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 bathroom has been remodeled. Replacement windows are a

Joann Davis F.C. Tucker Muncie, REALTORS

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

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

Ryan Boots Boots Realty, LLC

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

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

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

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 Highlights:

Justin Lowe Ellsbury Group

Rented for $650 a month, tenants move out date is 2-28-26, 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 3 package with 809 E Dunn Ave Muncie, and 539 N Plum St Albany.

Heather Clemmons Starr Real Estate LLC

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

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

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

Spacious 5 bedroom, 2 bath home in a prime Muncie location, just minutes from downtown and Elm Street Brewery! Currently set up as a single family residence, this property offers flexible living with the potential to convert into a duplex. Features include a detached 2 car garage, detached storage shed, main floor utility room, recently updated first floor bathroom, unfinished attic space, and a

Paul Faddis Tarter Realty Auction and Appraisal Company

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

Investment Opportunity close to downtown Muncie! This property features 3 units: two - 2 bedroom, 1 bath units, and one - 1 bedroom, 1 bath unit. Two of the 3 units are currently leased. Gross monthly Rental income at full occupancy is $2070. Landlord pays gas. Tenants pay electricity, water, and sewage.

Ryan Kramer RE/MAX Real Estate Groups

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 unit The upstairs unit is currently leased for $600 monthly. The downstairs one bedroom is currently ready to rent and the 2 bedroom unit needs some

Joann Davis F.C.Tucker Muncie, REALTORS®

INVESTMENT PROPERTY . This cute little home has a great location on the west side of Muncie, conveniently located near BSU and the Hospital. Flooring is hardwood and vinyl plank in the kitchen. It has 2 bedrooms and the smallest bedroom is used for a child's bedroom currently or would be a nice office. A full basement has a washer and dryer and is perfect for extra storage. There is also a 1 car

Joann Davis F.C.Tucker Muncie, REALTORS®

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

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®

Set with 15-minutes drive from Ball State University, this single-family residence presents a great investment opportunity. Calling all handy homeowners and investors, this property awaits your vision. The layout includes three bedrooms and one full bathroom, providing essential amenities for a functional home situated on a 4526 square feet lot, presenting a canvas for any investor or homeowner

Edith Dube Keller Williams Indpls Metro N