Muncie, IN Multifamily Homes & Duplexes for Sale

INVESTMENT OPPORTUNITY ! Here is your chance to own a nice duplex in a great location 1 block from Central High School and the new YMCA. One unit is currently leased at $770 monthly and the tenant pays utilities. The other unit is rent ready. Each unit has 2 bedrooms and 1 bath. Plus washer dryer hookups. Close to downtown Muncie, the Farmers market, walking trails, restaurants and shopping, this

Joann Davis F.C. Tucker Muncie, REALTORS

This beautifully updated duplex features a spacious main floor unit with 2 bedrooms and a Jack and Jill bathroom, perfect for comfortable living. The home has been fully renovated with a new roof, fresh paint, modern flooring, and a completely updated kitchen featuring brand-new cabinets and range. Enjoy the generous living and dining rooms, a large utility room, and an attached 2-car garage for

Kathy J Smith NextHome Elite Real Estate

Attention to all who want to live rent-free! This duplex could be what you have been waiting for. SIDE A, offers three bedrooms and one full bath. Side B provides the simple living of a studio. The studio has everything you need while letting Side A pay your rent!

Gabriela Pitts Highgarden Real Estate

With 4830 square feet of living area on a 4800 square foot lot, this quadruplex, built in 1905, offers substantial space. Roof and siding were replaced in 2024, along with plumbing and electrical done in the same year. This could be a cash king when completed.

Justin Lowe Ellsbury Commerical Group

Duplex that presents the opportunity to put your own quality and standards into a blank slate. Property has be striped down on the interior and new electrical has been ran. New Roof and siding were installed in 2024. Resting in a quite neighborhood and on a 4826 sqft lot it provides space to be creative with the space that this provides.

Justin Lowe Ellsbury Commerical Group

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

Main Unit has been new Vinyl Plank Flooring, New paint, New toilet, sink and tub surround. This also has 2 bedrooms, Large Living Room, Kitchen, Laundry area and walk in pantry. There is an addition room that could be a family room or you could use it as a 3rd bedroom (Closet right outside the door). This unit also has access to the 2 car attached garage and large fenced back yard. Upstairs unit

Kathy J Smith NextHome Elite Real Estate

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

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

Close to BSU and IU. Fully updated with tenant secured through July 2026 at $1,100/month. It offers investors a turnkey, maintenance opportunity with immediate returns and long-term growth potential. Property highlights: new flooring, new light fixtures, fresh paint, new fascia, gutters on west side, new kitchen cabinets, updated electrical, new appliances, and updated bathroom. This property is

Brad Bowman Home 2 Home Realty Group

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

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

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

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

*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Unit 502 is a section 8 lease. Monthly rent is $700. Unit 502 1/2 monthly rent is $905, $500 deposit. Lease ends 8-30-25. Tenants pay electric. Owner pays WTS.

Heather Clemmons Starr Real Estate LLC

*This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Two 1 bedroom units. Side by side. Shared entrance space. Potential for 2 more 1 bedroom units in the full basement. Currently vacant. Needs TLC.

Heather Clemmons Starr Real Estate LLC

Excellent investment opportunity! This spacious 2-bedroom, 1-bath home is currently leased through May 2026, offering immediate rental income. Recently updated interior features enhance the comfort and appeal of the property. A great addition to any investment portfolio! Back on market due to financing at no fault of seller.

Rahmed Paige F.C. Tucker Muncie, REALTORS