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Explore Similar Apartments Within 2 Miles of Southeast Muncie, 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
  • /12

    $63,000

    • 2 Beds
    • 1 Bath
    • 1,490 Sq Ft

    2806 S Walnut St, Muncie, IN 47302

    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!

    Rahmed Paige F.C. Tucker Muncie, REALTORS

    2806 S Walnut St, Muncie, IN 47302
  • /15

    $99,500

    • 6 Beds
    • 6.5 Baths
    • 501 Sq Ft

    621 E Main St, Muncie, IN 47305

    2 SEPARATE INVESTMENT PROPERTIES ON 1 PARCEL. 6 RENTAL UNITS TOTAL. 621 E. MAIN and 111 S VINE. One unit is almost completely renovated with a new bathroom, kitchen and vinyl plank flooring. The remaining 5 units will need finished. Located on a nice corner lot, near downtown Muncie and the Historic District, this property is also zoned commercial and mixed use, so there are lots of

    Joann Davis F.C. Tucker Muncie, REALTORS

    621 E Main St, Muncie, IN 47305
  • /3

    $140,000

    • 3 Beds
    • 2 Baths

    800 W Lindweth Place, Muncie, IN 47303

    Cash flowing duplex, Unit 1 is 2 bed 1 bath and unit 2 is 1 bed 1 bath. Update completed in 2022, newer appliances, fresh interior paint. Water Heater less than 3 years old. Unit 1 rent is $800 a month and Unit 2 rent is $675 a month with 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Owner pays w/s/t. Economic growth remains

    Richard Graham JMG Indiana

    800 W Lindweth Place, Muncie, IN 47303
  • /11

    $155,000

    • 2 Beds
    • 1 Bath

    1709 S Elm St, Muncie, IN 47302

    Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH

    Ryan Boots Boots Realty, LLC

    1709 S Elm St, Muncie, IN 47302

Why Live in Southeast Muncie

Southeast Muncie is a largely residential neighborhood on the far east side of Muncie. The area was once an industrial hub, but factories began to close and leave in the 1970s. The neighborhood suffered from urban decay as jobs and people left, but reinvestment in the early 2010s put the community on the right path forward. There have been steady improvements to the neighborhood in the past 10 years, such as the Blaine/Southeast Park project. Community organizations and volunteers cleared an overgrown field behind the former Sutton Elementary School and transformed it into a kid-friendly park with a playground with the help of grant funding. Nowadays, Southeast Muncie is known for its cost-effective housing and proximity to the Cardinal Greenway. The community offers a cost-effective housing stock less than 2 miles from downtown Muncie. There’s a mix of Cape Cods, Craftsman-inspired and ranch-style homes — many of which originally served as worker housing for the nearby factories — with gridded streets and mature trees. Carports and attached and detached garages are more prominent here than in other nearby neighborhoods, but street parking is still common. Homes in need of repairs

Home Trends in Southeast Muncie, IN

Housing Trends

Median Sale Price
$82,000
Median Single Family Sale Price
$81,000
Average Price Per Sq Ft
$82
Number of Homes for Sale
3
Last 12 months Home Sales
21
Months of Supply
1.70
Median List Price
$85,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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