1602 W Adams Street Muncie, IN ^$ 104,900

1602 W Adams Street

^$ 104,900

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1602 W Adams Street

Muncie, IN, 47303

^$ 104,900

Bedrooms3 Baths1.0 Sq 1,030

Monthly Estimate*

^$ 654

1602 W Adams Street, Muncie, IN 47303 - Image 1

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1602 W Adams Street, Muncie, IN 47303 - Image 3

1602 W Adams Street, Muncie, IN 47303 - Image 4

1602 W Adams Street, Muncie, IN 47303 - Image 5

1602 W Adams Street, Muncie, IN 47303 - Image 6

1602 W Adams Street, Muncie, IN 47303 - Image 7

1602 W Adams Street, Muncie, IN 47303 - Image 8

1602 W Adams Street, Muncie, IN 47303 - Image 9

1602 W Adams Street, Muncie, IN 47303 - Image 10

1602 W Adams Street, Muncie, IN 47303 - Image 11

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Multi-Family Home for sale in Muncie, IN

for $104,900 with 3 bedrooms and 1 full bath. This 1,030 square foot home was built in 1905.

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.

Multi-Family Active

Price

^$ 104,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,716

Style

Traditional

Year Built

1905

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202534736

Features

General

Heating Gas Forced Air

Cooling None

Sewer City

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1905

Parking Gravel

New Construction No

Tenant Pays Cable Electric Fuel Sewer Trash Collection Water Water Softener

Subdivision None

Style One Story

Stories Count 1

Township Center

Class INVESTMENT

Type Other

Age 120

Net Income 7824

Rent Income 9540

Features Basement

REO No

Status Detail 0

Common Amenities None

Area Delaware County

Location City/Town/Suburb

High School Central

City Muncie

School District Muncie Community Schools

Architctural Style Traditional

Total Sq Ft 1844

Elementary School Westview

Middle School Northside

Legal Description MOCK ADD E 40 FT LOT 9

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202534736

Agent First Name BJ

Agent Last Name Bowman

DOM 101

Tax Year 2025

Interior

Basement Partial Basement

Flooring Carpet Laminate

Beds 3

Total Number of Units 1

Microwaves 0

Refrigerators 1

Washers 1

Dryer(s) 1

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 3

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 1

W/D Hookups 1

Basement Material Block

Exterior

Exterior Shingle

Driveway Gravel

Pool No

Number of Parking Spaces 4

Lot Size Area 5227

Lot Dimensions 40x125

Lot Description 0-2.9999

Fence None

Outbuilding None

Water Features None

Waterfront Y/N No

* Excluded Features

List By

BJ Bowman

Listing Agent

Home 2 Home Realty Group

Broker

bradbjbowman@gmail.com

Affordability Calculator

$797

Per Month

Monthly Principal & Interest: $654
Monthly Property Taxes: $143
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Muncie, IN

Average List Price ^$184,428

Percent of Sale Price 76%

About Muncie, IN

67,860 Population

-5% Since 2002

^$32,102 Median Income

30.9 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236522 Elementary School

1235815 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/19/2025	$104,900	-4.55%	Price Down
8/29/2025	$109,900		Listed Price

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1602 W Adams Street, Muncie, IN, 47303 is a Multi-Family Home for sale at $104,900 with 1,030 sqft. 1602 W Adams Street has 3 bedrooms, 1.0 baths, and was built in 1905. The property's zip code is 47303 which is in Muncie, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/13/2025.

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1602 W Adams Street

Multi-Family Home for sale in Muncie, IN

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