1

Riverside-Normal City Multifamily Home for Sale

Section Image Section Image
  • /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

Why Live in Riverside-Normal City

Riverside-Normal City in Muncie features a diverse array of homes from the late 19th and early 20th centuries, including Tudors, Craftsman homes, farmhouses, American Foursquares, Cape Cods, and bungalows. The neighborhood has a high rental population, with about 80% of residents renting and 20% owning homes. Properties typically have small yards and average around 1,600 square feet. The neighborhood association actively maintains green spaces, planting new trees annually. Riverside-Normal City is home to Tuhey Park, which includes Muncie’s largest public pool, and the White River Greenway, a nearly 6-mile trail that connects to the Minnetrista Museum & Gardens. The Emerson Dog Park is another local attraction, hosting the annual ice cream social. The Village, a commercial district less than a mile away, features popular spots like Brothers Bar and Grill, Roots, and Greek’s Pizzeria. The area is undergoing revitalization to include a new theater, a Hilton hotel, and potentially a community co-op grocery store. Residents can walk to Ball State University in 15 to 20 minutes and downtown Muncie in 10 minutes. The neighborhood is served by a MITS bus stop, and future plans include adding bike lanes. For healthcare, IU Health Ball Memorial Hospital is nearby. The neighborhood is safer than the national average, providing a relatively low crime risk.

Home Trends in Riverside-Normal City, IN

Housing Trends

Median Sale Price
$142,950
Median Single Family Sale Price
$142,950
Median Townhouse Sale Price
$164,200
Average Price Per Sq Ft
$83
Number of Homes for Sale
5
Last 12 months Home Sales
20
Months of Supply
3.00
Median List Price
$156,499
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%
How to Buy a Home How to Finance a Home How to Sell a Home