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Investment - Homes for Sale in Muncie, IN

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  • /4

    $45,000

    • 2 Beds
    • 1 Bath
    • 716 Sq Ft

    2200 S Biltmore Ave, Muncie, IN 47302

    2-bedroom, 1-bath rental home located on Muncie’s southside. Currently tenant-occupied with a month-to-month lease at $550 per month, providing immediate rental income. Situated within a designated Opportunity Zone, this property offers potential tax advantages and long-term investment appeal. A solid addition to any investor’s portfolio.

    Agent Photo

    Rich Lee

    NextHome Elite Real Estate

    (765) 326-3215

    2200 S Biltmore Ave, Muncie, IN 47302
  • /12

    $8,775

    $5K PRICE DROP
    • Land
    • 5,227 Sq Ft
    • $73,125 per Acre

    1318 E Kirby Ave, Muncie, IN 47302

    Residential lot available on the east side of Muncie offering a great opportunity for new construction or investment. Located on a paved city street with utilities available nearby including water, sewer, electric, and gas.

    Garrett VaLeu Better Homes and Gardens Real Estate Gold Key

    1318 E Kirby Ave, Muncie, IN 47302
  • /9

    $97,000

    • 4 Beds
    • 3 Baths
    • 3,023 Sq Ft

    610 S Council St, Muncie, IN 47305

    Triplex Just a few blocks from Downtown Muncie and Ivy Tech! This home includes 1-two bedroom unit and 2-one bedroom units. A Small room in the upstairs apartment could be used as an office or additional bedroom. Roof is approximately 5 years old and water heater and sump pump replaced in 2021. This is agreat opportunity to own an investment property with lots of potential. Some repairs are

    Joann Davis F.C. Tucker Company

    610 S Council St, Muncie, IN 47305
  • /36

    $159,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 977 Sq Ft

    2300 W 9th St, Muncie, IN 47302

    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

    2300 W 9th St, Muncie, IN 47302
  • /19

    $132,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    220 S Martin Ave, Muncie, IN 47303

    Full of charm and timeless character, this 2-bedroom, 1-bath bungalow offers the features buyers love in a classic Craftsman home. A large covered front porch creates a welcoming first impression, while the concrete driveway and detached one-car garage provide plenty of off-street parking. Inside, the home features a warm, inviting color scheme and a layout that lives larger than its footprint.

    Ali Starkey RE/MAX Real Estate Groups

    220 S Martin Ave, Muncie, IN 47303
  • /21

    $289,900

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft

    1509 N Lafayette Dr, Muncie, IN 47303

    Extensively updated and exceptionally maintained home offers the rare combination of major system improvements, stylish interior updates, and outdoor living spaces designed to be enjoyed. Nestled in an established, quiet neighborhood and located within the highly sought-after Wapahani High School and Selma Elementary School districts, this move-in-ready home offers the perfect blend of comfort,

    Shane Gibson Sweet Maple Realty

    1509 N Lafayette Dr, Muncie, IN 47303
  • /20

    $137,500

    • 2 Beds
    • 1.5 Baths
    • 1,394 Sq Ft

    3606 N Lakeside Dr, Muncie, IN 47304

    Turnkey investment opportunity! This updated 2-bedroom, 1.5-bath PUD offers immediate cash flow with tenant in place at $1,350/month through July 2027. Features include updated flooring, cozy fireplace, private concrete patio, and low-maintenance living. HOA fee of $295/month. Ideal for investors seeking stable rental income and long-term occupancy. Tenant rights apply.

    Beau Gibson F.C. Tucker Company

    3606 N Lakeside Dr, Muncie, IN 47304
  • /9

    $58,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,220 Sq Ft

    1114 E Jackson St, Muncie, IN 47305

    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

    1114 E Jackson St, Muncie, IN 47305
  • /11

    $114,000

    • 2 Beds
    • 1 Bath
    • 1,344 Sq Ft

    1916 W White River Blvd, Muncie, IN 47303

    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

    1916 W White River Blvd, Muncie, IN 47303
  • /31

    $75,000

    $3K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,444 Sq Ft

    409 N Pershing Dr, Muncie, IN 47305

    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

    409 N Pershing Dr, Muncie, IN 47305
  • /11

    $72,000

    • 4 Beds
    • 1 Bath
    • 1,652 Sq Ft

    1022 W Powers St, Muncie, IN 47305

    Investor Portfolio Opportunity - Three Property Package Expand your rental portfolio with this value-driven investment package featuring 1022 W Powers St, 2103 S Burlington Dr, and 2802 S Hackley St in Muncie, Indiana. Offered as a package deal, these properties provide immediate income, tenant demand, and multiple opportunities for future appreciation and cash flow growth. 1022 W Powers St is a

    Jared Smith Rosewood Real Estate

    1022 W Powers St, Muncie, IN 47305
  • /3

    $7,000

    $3K PRICE DROP
    • Land
    • 13,503 Sq Ft
    • $22,581 per Acre

    925 N Central Ave, Muncie, IN 47303

    Vacant residential lot located at 925 N Central Ave in Muncie offering a great opportunity for builders, investors, or future homeowners. This approximately 0.31-acre parcel provides ample space for new construction with room for a single-family home and potential additional improvements. Combined with parcel 18-11-11-181-011.000-003 (also for sale BLC # 22092906) to make an almost half acre lot.

    Charlotte Cotton RE/MAX Real Estate Solutions

    925 N Central Ave, Muncie, IN 47303
  • /17

    $95,000

    • 3 Beds
    • 2 Baths

    2802 S Hackley St, Muncie, IN 47302

    Investment opportunity featuring one occupied unit and one vacant unit ready for lease-up. Unit 2802 is currently rented at $650/month with tenant paying gas/electric, while Unit 2804 has a prospective Section 8 tenant approved at $800/month and expected to move in next month, bringing projected gross monthly income to $1,450/month. Tenants have historically paid their own utilities, helping keep

    Jared Smith Rosewood Real Estate

    2802 S Hackley St, Muncie, IN 47302
  • /4

    $11,375

    $6K PRICE DROP
    • Land
    • 7,840 Sq Ft
    • $63,194 per Acre

    1007 N Central Ave, Muncie, IN 47303

    Endless possibilities with this lot. Build your new home or investment property on this residential lot located on N Central Ave in Muncie. Zoned R-2 with municipal water and sewer available at the street and rear alley access. Conveniently situated near Ball State University, shopping, and local amenities.

    Garrett VaLeu Better Homes and Gardens Real Estate Gold Key

    1007 N Central Ave, Muncie, IN 47303
  • /10

    $58,500

    $7K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,065 Sq Ft

    1513 E Cromer Ave, Muncie, IN 47303

    Affordable investment opportunity with flexible seller financing available! This property is perfect for investors, first-time buyers, or anyone looking for an easier path to ownership. Great potential for rental income, resale, or long-term investment. This property may also be bundled with another available property for added investment. Don't miss this opportunity to secure an affordable

    Joseph Wootan List With Freedom.com LLC

    1513 E Cromer Ave, Muncie, IN 47303
  • /17

    $124,999

    $15K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,700 Sq Ft

    708 W Jackson St, Muncie, IN 47305

    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

    708 W Jackson St, Muncie, IN 47305
  • /4

    $3,000

    $2K PRICE DROP
    • Land
    • 6,534 Sq Ft
    • $20,000 per Acre

    900 Blk N Central Ave, Muncie, IN 47303

    Vacant residential lot located in the 900 block of N Central Ave in Muncie, offering a great opportunity for new construction or investment. This parcel is approximately 0.15 acres (around 6500 sq ft), providing a manageable footprint for a single-family home or infill development. Zoned residential (R4), the property is positioned within an established neighborhood with convenient access to

    Charlotte Cotton RE/MAX Real Estate Solutions

    900 Blk N Central Ave, Muncie, IN 47303
  • /14

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft

    2103 S Burlington Dr, Muncie, IN 47302

    Beautifully updated investment property offering modern finishes, spacious living areas, and strong rental appeal. This well-maintained home features an open-concept layout highlighted by soaring vaulted ceilings, abundant natural light, and a loft overlooking the main living space. The updated kitchen showcases white shaker cabinetry, modern hardware, ample counter space, and black appliances.

    Jared Smith Rosewood Real Estate

    2103 S Burlington Dr, Muncie, IN 47302
  • /23

    $175,000

    $100K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,250 Sq Ft

    1209 N Tillotson Ave, Muncie, IN 47304

    Completely refreshed and move-in ready, this all-brick ranch home features three bedrooms, one-and-a-half bathrooms, a spacious laundry area, and a generous, fully fenced backyard—all highly convenient to BSU and IU Health Ball Memorial Hospital. Designed for a low-maintenance lifestyle, the property offers true peace of mind with all the heavy lifting already done for you. Enjoy crisp, brand-new

    Tyler Tischendorf @properties

    1209 N Tillotson Ave, Muncie, IN 47304
  • /21

    $55,000

    • 3 Beds
    • 1 Bath
    • 1,458 Sq Ft

    808 S Macedonia Ave, Muncie, IN 47302

    Three bedroom, one bath home with charming historical features and lots of potential. The home needs some TLC but is habitable with functional furnace, water, and electric. Features include a dry basement, fenced yard, and a 2 car detached garage with alley access. Great opportunity to restore character and make it your own or add to your investment portfolio!

    Mary Cordle Berkshire Hathaway Indiana Realty

    808 S Macedonia Ave, Muncie, IN 47302
  • /29

    $138,900

    $6K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    3500 E Race St, Muncie, IN 47303

    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

    3500 E Race St, Muncie, IN 47303
  • /3

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,260 Sq Ft

    2113 S Waldemere Ave, Muncie, IN 47302

    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

    2113 S Waldemere Ave, Muncie, IN 47302
  • /7

    $27,000

    • Land
    • 14,810 Sq Ft
    • $79,412 per Acre

    1809 W 7th St, Muncie, IN 47302

    Don't miss this exceptional investment opportunity with strong development. This parcel offers the oppertunity to be divided into three seperate lots creating multple investment strategies. Utilities are available on two of the three potential lots, with the requiring utility installation, it adds flexibility for future plans. Potential options include new construction, build-to-rent projects,

    Jessica Waymire REMAX ONE

    1809 W 7th St, Muncie, IN 47302
  • /12

    $99,900

    $15K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 2,131 Sq Ft

    236 N Vine St, Muncie, IN 47305

    Fantastic opportunity at 236 N Vine St, Muncie! This spacious home offers 2,131 sq ft of potential. The property features a central cooling system with baseboard heating, a partial unfinished basement, and public water/sewer connections. Bring your design ideas to customize the kitchen and wall finishes exactly to your taste, as no appliances or cabinets are currently installed. Ideal for anyone

    Keri Hir Keri Hir

    236 N Vine St, Muncie, IN 47305
  • /22

    $152,500

    • 3 Beds
    • 1 Bath
    • 1,014 Sq Ft

    3309 N Reserve St, Muncie, IN 47304

    This 3 Bedroom Ranch with newly refinished original hardwood flooring would make a wonderful home and be a great investment. Home recently remodeled and includes new SS kitchen appliances. Conveniently located in the Linden Park Neighborhood just north of McGalliard, this home offers easy access to work, school, and play as it is just minutes from Muncie's restaurant/retail district, downtown,

    Evan Broderick RE/MAX Real Estate Solutions

    3309 N Reserve St, Muncie, IN 47304
  • /33

    $99,900

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    1215 S Jefferson St, Muncie, IN 47302

    Check out this fully renovated home! Currently rented through October of 2026, for $1000 per month, this would be a great investment to add to your portfolio or would also make a great home! This home features 3 bedrooms and 2 full baths. The main floor is home to the large living room, kitchen, dining room, and one of the full baths. The second floor is home to the 3 bedrooms and other full

    Rebekah Hanna NextHome Elite Real Estate

    1215 S Jefferson St, Muncie, IN 47302
  • /16

    $159,999

    • 3 Beds
    • 1 Bath
    • 1,530 Sq Ft

    800 W Harvard Ave, Muncie, IN 47304

    Whether you're a first-time buyer, student, or investor, this home checks all the boxes! This beautifully updated 3-bedroom, 1-bath home is located in a quiet, well-established Muncie neighborhood, just minutes from Ball State University. When you step inside you will find a bright, modern interior with a refreshed kitchen, containing sleek granite countertops. The spacious living areas with

    Shelby Scott RE/MAX Advanced Realty

    800 W Harvard Ave, Muncie, IN 47304

Home Prices in Muncie, IN

Home Price Trends

Median Sale Price
$125,000
Median Single Family Sale Price
$123,000
Median Townhouse Sale Price
$71,750
Median 2 Bedroom Sale Price
$99,900
Median 1 Bedroom Sale Price
$50,900
Average Price Per Sq Ft
$89
Number of Homes for Sale
120
Last 12 months Home Sales
688
Months of Supply
2.10
Median List Price
$129,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
9%
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