Investment - Homes for Sale in Muncie, IN

Unique investment opportunity with two separate homes on one lot—two for the price of one! The front home offers 2 bedrooms, 1 bath, 977 sq ft, and includes a basement for additional storage or potential living space. The second home features 2 bedrooms, 1 bath, 756 sq ft, and has been recently remodeled. Both homes have separate electric and gas meters, with shared water and sewage. Major

Heather Clemmons Starr Real Estate LLC

Nice investment property across from White River! This 2 Bedroom home has the perfect location near BSU, the Hospital, and Walking trails! The two-story home features the living space upstairs and the two-car garage downstairs. Features include Vinyl Plank flooring throughout and an open Living area and Kitchen. There is a large front yard and parking in back. All appliances are included. Great

Joann Davis F.C. Tucker Company

Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking

Ryan Kramer RE/MAX Real Estate Groups

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 Company

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®

Welcome to 3500 E Race St, where comfort, convenience, and everyday living come together effortlessly. This well-maintained brick ranch offers 3 bedrooms, 2 full bathrooms, and over 1,300 square feet of functional living space designed to fit a variety of lifestyles. Step inside to a practical, easy-flow layout that makes both daily living and entertaining feel seamless. Outside, you'll love the

Heather Upton Keller Williams Indy Metro NE

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

SUPER NICE INVESTMENT PROPERTY! This 2 Bedroom 1 bath home has several updates and offers a great floor plan. You will love the LVP flooring throughout. Enjoy a large living room, dining area, breakfast nook and 2 spacious bedrooms. There is a basement for extra storage and all appliances are included. Plenty of off street parking in the back. A lease is currently in place until 7/25/26. Rental

Joann Davis F.C. Tucker Company

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

Three bedroom, one bath bungalow waiting for you to make this a gem. Some work has been started. Subfloor and framing work complete. New furnace installed. Reframed in some spots and subfloor is complete. Great investment for flip or rental.

Brooke Wyatt Olympus 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

Opportunity awaits with this 3-bedroom, 1-bath home, 1,220 square foot home is ready for renovation. This property needs significant repairs and updates but offers strong potential for the right buyer. With a functional layout and solid footprint, it could be transformed into a great primary residence or investment property. Ideal for investors, flippers, or buyers looking to build sweat equity.

Danielle Shouse Shouse Realty Group LLC

Great investment in college town. Excellent choice for a flip project, rental or single family. Number of rooms and sizers are estimates.

Justin Dj Pugh The Wyman Group

Perfect 2 bedroom starter home or investment property. With a little TLC this house could become the perfect home! Large lot with fenced in yard and shed. Outbuilding is in need of some work but has potential. Inside you will find a large living room dining room combo. 2 bedrooms. 3pc bathroom with large walk in shower. W/D hook up.

Jenny Lash RE/MAX Real Estate Groups

Welcome to this 2 bed, 1 bath home with great potential! This property features a covered front porch and a spacious backyard, offering plenty of room for outdoor activities. With a little TLC, this could make a great investment or personal residence.

Shawn Gray Starr Real Estate LLC

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

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. 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

This 1921 Dutch Colonial, just a short walk from Ball State University, is the kind of home that simply cannot be replicated. Rich with character and timeless craftsmanship, it showcases original wood plank floors, parquet flooring, period-specific bathroom tile, dentil molding, paneled walls, built-ins, original light fixtures, real wood doors, wood plank ceilings, and a classic clawfoot tub.

Chelsea Tarquini Noble Berkshire Hathaway Home

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