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Explore Similar Apartments Within 2 Miles of South Central, IN

  • /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
  • /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
  • /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
  • /8

    $224,900

    • 7 Beds
    • 2 Baths
    • 2,876 Sq Ft

    2112 W Main St, Muncie, IN 47303

    Close to BSU! This duplex could be easily rented to students one day. Currently both units are occupied. Upstairs is a 4 bedroom unit rented for $1,085. Downstairs is a 3 bedroom rented for $875. Both long term tenants. Seller is a licensed agent.

    Michael Burke Burke Realty

    2112 W Main St, Muncie, IN 47303
  • /14

    $119,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    1600 W Adams St, Muncie, IN 47303

    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

    1600 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
  • /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
  • /4

    $109,900

    • 5 Beds
    • 2 Baths
    • 2,212 Sq Ft

    502 S Mound St, Muncie, IN 47305

    *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

    502 S Mound St, Muncie, IN 47305
  • /24

    $89,900

    • 2 Beds
    • 2 Baths
    • 1,078 Sq Ft

    202 E Maple St, Muncie, IN 47305

    *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

    202 E Maple St, Muncie, IN 47305
  • /7

    $69,400

    • 2,292 Sq Ft

    1024 W Powers St, Muncie, IN 47305

    At 1024 W Powers ST, MUNCIE, IN, this duplex presents an exciting opportunity to own a property with a blank slate. Property is down to studs with new wiring ran. New roof and siding 2024. Built in 1890, this two-and-a-half story home rests on a 4826 square feet lot area, providing ample space for comfortable living. This duplex offers a unique opportunity to own a piece of Muncie's history.

    Dawn Cravens The Taflinger Real Estate Group

    1024 W Powers St, Muncie, IN 47305

Why Live in South Central

South Central in Muncie is a mixed-use neighborhood located just a mile south of downtown, making it a convenient 20-minute walk or a short drive to the city center. The area includes residential and industrial spaces, with auto shops, contractor offices, and supply stores prevalent. Housing here consists mainly of small single-family homes built between the 1880s and early 1900s, featuring bungalows and traditional styles, often shaded by mature trees. Many homes require significant renovations, contributing to lower real estate prices compared to the city average. The neighborhood's proximity to amenities like Heekin Park, Delaware County's Family Resource Center, and the Maring-Hunt Library provides residents with ample resources and community engagement opportunities. Heekin Park offers playgrounds, sports courts, and memorials, while the library features educational programming and a community garden. Dining options include Comets Downtown, Thai Kitchen, and Indy Steak, Fish & Chicken, with fresh produce available at the nearby Downtown Farm Stand and ALDI. South Central is served by MITS bus routes, facilitating easy access to other parts of Muncie. The closest medical center is IU Health Ball Memorial Hospital, 3 miles west, and major airports are Fort Wayne International, 68 miles away, and Indianapolis International, 75 miles away. The neighborhood has a crime rate comparable to the national average, making it a practical choice for those working in the local industries or seeking affordable housing near downtown Muncie.

Home Trends in South Central, IN

Housing Trends

Median Sale Price
$82,000
Median Single Family Sale Price
$82,000
Median Townhouse Sale Price
$15,000
Average Price Per Sq Ft
$47
Number of Homes for Sale
1
Last 12 months Home Sales
10
Months of Supply
1.20
Median List Price
$79,900
Median Change From 1st List Price
28%
Median Home Sale Price YoY Change
34%
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