221 E 6th Street Muncie, IN $ 148,000
221 E 6th Street
$ 148,000
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221 E 6th Street

Muncie, IN, 47302
$ 148,000
Baths0.0

Monthly Estimate*

$ 911

221 E 6th Street, Muncie, IN 47302 - Image 1
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Studio

Multi-Family Home for sale in Muncie, IN

for $148,000. This home was built in 1902 on a lot size of 0.11.

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 Highlights: High Rental Demand: Muncie's rental market is robust, with a diverse tenant base keeping occupancy rates high. The city's average rent is significantly lower than the national average, attracting a steady stream of renters seeking quality, affordable housing. Seller's Market: The Muncie real estate market is currently a seller's market, with home values increasing year-over-year. This indicates a healthy market with excellent potential for your investment to grow in value over time. Accessible Investment: The median home price in Muncie provides a more affordable entry point for real estate investors, allowing for a higher potential return on investment.

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Multi-Family Active

Price

$ 148,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,534

Style

Lot Size

0.11

Year Built

1902

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

22055437

Features
General
Cooling Window Unit(s)
Possession Closing
Year Built 1902
Township Center
Levels Two and a Half
Property Subtype Duplex
Tax Year 2024
Current Use Apt>20
County Delaware
Net Operating Income 14836
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Muncie
High School District Muncie Community Schools
Number Of Units Total 2
MLS Area 1808 - Delaware - Center
Lot Size Square Feet 4800
Standard Status Active
Tax Lot 33
Legal Description Anthony Home Lot 33
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Interior
Basement (Y/N) Y
Laundry Features Laundry Room
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Exterior
Lot Size Acres 0.11
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* Excluded Features
List By
Ellsbury Commerical Group

Broker

justin.lowe@ellsburygroup.com

Email

Affordability Calculator

$1,039
Per Month
88%
12%
0%
Monthly Principal & Interest
$911
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045051 Elementary School
4045021 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2025$148,000 Listed Price

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221 E 6th Street, Muncie, IN, 47302 is a Multi-Family Home for sale at $148,000 with a lot size of 0.11. 221 E 6th Street is a studio with 0.0 baths and was built in 1902. The property's zip code is 47302 which is in Muncie, IN