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Investment - Homes for Sale in Muncie, IN

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  • /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

    $99,999

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

    320 N Vine St, Muncie, IN 47305

    Property offered via online auction at www.Auction.com. Auction.com, Inc. (Indiana Licensed Auctioneer #AC32100016) conducts the sale. Listing broker is not the auctioneer. Buyer’s premium may apply. Property sold as-is, where-is. See Auction.com for auction dates, terms, and details. Welcome to 320 N Vine St — a spacious 3-bedroom, 1-bath home offering 1,740 square feet of living space and

    Agent Photo

    Andrew Morken

    Morken Real Estate Services, Inc.

    (765) 725-6271

    320 N Vine St, Muncie, IN 47305
  • /25

    $78,000

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    1525 E 23rd St, Muncie, IN 47302

    Investment or first time home buyer opportunity! Clean and move in ready 2 bedroom, 1 bathroom home walking distance to Grissom Elementary School, Southside Middle School and Cooley Park. Eat in kitchen with washer and dryer hookup. There is a nice size living room with hardwood flooring throughout the bedrooms. The bathroom is updated with tub/shower surround. Large backyard that is fully fenced

    Agent Photo

    Steve Slavin

    Coldwell Banker Real Estate Group

    (317) 701-5006

    1525 E 23rd St, Muncie, IN 47302
  • /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
  • /23

    $79,900

    • 2 Beds
    • 1 Bath
    • 1,004 Sq Ft

    2317 N Turner St, Muncie, IN 47303

    Discover the potential awaiting you in this home. Inside the front door, you'll find a flex space that could be used as an office, playroom or hobby room - you decide! Next, you'll notice the large living room that provides a cozy environment for relaxation and simple living. There is a formal Dining Room with a beautiful arched opening from the living room. The kitchen also has a window to the

    Amanda Sears Keller Williams Indy Metro NE

    2317 N Turner St, Muncie, IN 47303
  • /15

    $135,000

    • 4 Beds
    • 3 Baths
    • 2,076 Sq Ft

    1325 S Hoyt Ave, Muncie, IN 47302

    Great investment opportunity. This triplex was completely remodeled by a local contractor 2 years ago. There are two 1-bedroom apartments upstairs. Downstairs is a 2-bedroom unit. Current rent is $605 for a one bedroom. The other two units have been left vacant to allow for easy showing. Property is managed by a property manager making it easy for a hands off, hassle free investment. Second lot

    Michael Burke Burke Realty

    1325 S Hoyt Ave, Muncie, IN 47302
  • /18

    $94,000

    • 1 Bed
    • 1 Bath
    • 591 Sq Ft

    303 S Proud St, Muncie, IN 47305

    2 HOMES INCLUDED IN PURCHASE! SUCCESSFUL Airbnb and 3 bedroom 1 bath home next door. This cute 1 bedroom Airbnb comes with all furnishings. Seller reports an average income of $1500 monthly for the short term rental. All furnishings are newer and rental has good online reviews. The second home, a 3 bedroom 1-bath needs work, but could be another Airbnb or long term rental. Either home could be

    Joann Davis F.C. Tucker Muncie, REALTORS

    303 S Proud St, Muncie, IN 47305
  • /28

    $175,000

    • 5 Beds
    • 3 Baths
    • 2,579 Sq Ft

    916 N Alden Rd, Muncie, IN 47304

    Nestled at 916 N Alden RD, Muncie. Minutes from Ball State University and all the shopping and restaurants that Muncie has to offer. This home has been used as an investment property for Ball State students. The 5 bedroom and 3 full baths make this a great potential to build a investment portfolio. The living room presents a warm and comforting atmosphere, featuring a fireplace, promising cozy

    Jeff Wood Grace & Agape Real Estate Services

    916 N Alden Rd, Muncie, IN 47304
  • /19

    $78,900

    • 3 Beds
    • 1 Bath
    • 1,238 Sq Ft

    1157 W Kilgore Ave, Muncie, IN 47305

    *This property is part of a potential 22 property package. Please see the attached document for details.* This 3 bed/1 bath property is a great investment opportunity! It rents for $900 a month, $900 deposit, tenants pay all utilities, and they are on a year lease. Lease ends 4-30-26.There’s even a detached garage and plenty of parking in the back of the house. Don’t wait too long, add this to

    Heather Clemmons Starr Real Estate LLC

    1157 W Kilgore Ave, Muncie, IN 47305
  • /18

    $118,900

    • 4 Beds
    • 2 Baths
    • 1,547 Sq Ft

    3900 N Bellaire Ave, Muncie, IN 47303

    *This property is part of a potential 22 property package. Please see the attached document for details.* Two investment properties for one price!! This parcel has 2 rentals and a garage. 3900 Bellaire features 1 bed and 1 bath. Monthly rent is $525 and deposit is $525. Tenant is on a yr lease that ends 4-30-26. Tenant pays all utilities. 2308 Yale features 3 beds and 1 bath. Monthly rent is $950

    Heather Clemmons Starr Real Estate LLC

    3900 N Bellaire Ave, Muncie, IN 47303
  • /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
  • /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
  • /22

    $62,900

    • 1 Bed
    • 1 Bath
    • 780 Sq Ft

    2316 E Dartmouth Ave, Muncie, IN 47303

    Come see this home on 2 lots with a yard full of mature trees. The yard is fully fenced with a gate, perfect for pets. Inside, you'll find a new water heater 2024, updated plumbing throughout, and an updated bathroom. A wood-burning stove keeps the home extra cozy in the winter. Outside, there's a covered patio, a two-car carport, and a storage shed with loft area. The roof is about 7 years old

    Aaron Orr RE/MAX Real Estate Groups

    2316 E Dartmouth Ave, 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
  • /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
  • /21

    $75,000

    • 2 Beds
    • 1 Bath
    • 910 Sq Ft

    2310 S Hackley St, Muncie, IN 47302

    2 BR 1 Bath Home ready for you to make your own! Would also make great investment property. Separate dining room with built in corner shelves. Wonderful covered front porch. Full basement. Must See!

    Aaron Orr RE/MAX Real Estate Groups

    2310 S Hackley St, Muncie, IN 47302
  • /20

    $69,900

    • 3 Beds
    • 1.5 Baths
    • 1,744 Sq Ft

    3013 W Oaklyn Ave, Muncie, IN 47304

    Excellent investment opportunity on the near westside of Muncie. This home sits in a desirable neighborhood within minutes of downtown, businesses, restaurants, Ball State University, and the hospital. The home features a 2c-d garage, fireplace, main level bedroom, formal dining room, and a basement. You will be hard pressed to find a better deal in the area. Please take a flashlight, there

    Daniel Witte Witte Realty Group LLC

    3013 W Oaklyn Ave, Muncie, IN 47304
  • /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
  • /36

    $190,000

    • 4 Beds
    • 2 Baths
    • 2,362 Sq Ft

    1401 N Elizabeth Ave, Muncie, IN 47304

    Location, character, and potential—this 4-bedroom midcentury home has it all. Set in a quiet, tree-lined neighborhood steps from Ball State University. Bursting with character, this home features classic architectural details, generous living spaces, and a desirable walk-out basement that opens to a corner backyard. Whether you’re searching for an investment property or a home to customize and

    Ali Starkey RE/MAX Real Estate Groups

    1401 N Elizabeth Ave, Muncie, IN 47304
  • /15

    $60,000 Open Sat 2PM - 4PM

    • 3 Beds
    • 1 Bath
    • 976 Sq Ft

    515 E Willard St, Muncie, IN 47302

    Investors looking for a great value investment with 2 lots and a home with excellent bones? Look no further! Less than .5 of a mile from Heekin Park, close to Ball St University, and walking distance to many restaurants and shops as well as the high school! Working gas heat and no electrical or plumbing issues noted but property is sold AS IS. Lot next door (519 E Willard) included.

    Brandi Hillard Carpenter, REALTORS®

    515 E Willard St, Muncie, IN 47302
  • /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
  • /29

    $72,500

    • 2 Beds
    • 1 Bath
    • 660 Sq Ft

    1302 N Country Club Rd, Muncie, IN 47303

    Are you looking for a starter home, to downsize, or maybe an investment property located within the Selma schools? This home would be great for you. The home has 2 bedrooms and 1 bath, a nice size living room and an eat-in kitchen that includes a washer & dryer hook up. The home has LVP flooring throughout, with the bedrooms and bathroom just finished. A great addition to this property is the

    Brian VanMatre Coldwell Banker Real Estate Group

    1302 N Country Club Rd, Muncie, IN 47303
  • /20

    $679,900

    • Land
    • 50.45 Acres
    • $13,477 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
  • /6

    $20,900

    • 2 Beds
    • 1 Bath
    • 897 Sq Ft

    900 N Elgin St, Muncie, IN 47303

    Investment Property

    Rahmed Paige F.C. Tucker Muncie, REALTORS

    900 N Elgin St, Muncie, IN 47303
  • /15

    $24,900

    • 2 Beds
    • 1 Bath
    • 1,304 Sq Ft

    2420 N Macedonia Ave, Muncie, IN 47303

    This fixer upper has some good potential. Needs extensive work, but priced accordingly. Large pole barn in back yard provides great appeal. With the right vision, this could make an excellent home or investment property.

    Barry Hines Realty Wealth Advisors

    2420 N Macedonia Ave, Muncie, IN 47303

Home Trends in Muncie, IN

Housing Trends

Median Sale Price
$119,500
Median Single Family Sale Price
$115,000
Median Townhouse Sale Price
$120,000
Median 2 Bedroom Sale Price
$160,750
Median 1 Bedroom Sale Price
$96,700
Average Price Per Sq Ft
$88
Number of Homes for Sale
112
Last 12 months Home Sales
695
Months of Supply
1.90
Median List Price
$125,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
3%
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