Back to search
429 W Charles Street Muncie, IN $ 190,000
Share Save
$ 190,000 Get more info
429 W Charles Street
$ 190,000
Back to search
Share Save

429 W Charles Street

Muncie, IN, 47305
$ 190,000
Bedrooms6 Baths5.0 Sq 2,092

Monthly Estimate*

$ 1,170

429 W Charles Street, Muncie, IN 47305 - Image 1
429 W Charles Street, Muncie, IN 47305 - Image 2
429 W Charles Street, Muncie, IN 47305 - Image 3
429 W Charles Street, Muncie, IN 47305 - Image 4
429 W Charles Street, Muncie, IN 47305 - Image 5
429 W Charles Street, Muncie, IN 47305 - Image 6
429 W Charles Street, Muncie, IN 47305 - Image 7
429 W Charles Street, Muncie, IN 47305 - Image 8
429 W Charles Street, Muncie, IN 47305 - Image 9
429 W Charles Street, Muncie, IN 47305 - Image 10
429 W Charles Street, Muncie, IN 47305 - Image 11
429 W Charles Street, Muncie, IN 47305 - Image 12
429 W Charles Street, Muncie, IN 47305 - Image 13
429 W Charles Street, Muncie, IN 47305 - Image 14
429 W Charles Street, Muncie, IN 47305 - Image 15
429 W Charles Street, Muncie, IN 47305 - Image 16
View a Virtual Tour

Multi-Family Home for sale in Muncie, IN

for $190,000 with 6 bedrooms and 5 full baths. This 2,092 square foot home was built in 1800.

Discover an excellent investment opportunity in the Old West End of downtown Muncie with this fully configured fiveplex at 429 W Charles Street. This brick-constructed multi-family property features a total of 7 bedrooms and 5 full baths within approximately 2,092 square feet of living space Property Highlights: Five units with flexible rental configurations (12 total bedrooms, 5 baths). Built in 1800 solid historic construction with durable materials. Brick exterior, two-story design with covered/enclosed porch area. Off-street parking with up to 5 private spaces. Homes Separate utilities (electric and gas) to each unit currently owner covers utilities, presenting an opportunity to pass through costs to tenants. Strong layout for long-term rental income or value-add repositioning. Unit Mix (Example/Rental Potential): Unit 1: 2BR/1BA $875/mo (occupied) Unit 2: 1BR/1BA vacant (last rented $750/mo) Unit 3: 1BR/1BA $800/mo (occupied) Unit 4: 1BR/1BA to be leased at ~$650/mo Unit 5: 1BR/1BA (possible 2BR) $740/mo (occupied) Potential upside through utility billing restructuring and lease-up of Unit 4. Situated in a walkable downtown neighborhood near parks and local amenities, this property is ideal for investors targeting stable cash flow, tenant demand, and long-term value in a central Muncie location.

See more
Multi-Family Active

Price

$ 190,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 1,575

Style

Fiveplex

Year Built

1800

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202547323
Features
General
Heating Gas Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1800
Parking Private
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Fiveplex
Age 226
Net Income 23905
Rent Income 45780
Features Basement Ceiling Fan Off Street Parking Ceiling-9+ Countertops-Laminate Porch Covered Porch Enclosed Water Heater Gas
REO No
Status Detail 0
Area Delaware County
Location City/Town/Suburb
High School Central
City Muncie
School District Muncie Community Schools
Total Sq Ft 2778
Elementary School Westview
Middle School Northside
Legal Description J C E ADD LOT 7 & 151 HLF FT X 22FT ON CHAS ST S16 T20 R10 0.070 AC
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547323
Agent First Name Cody
Agent Last Name Wallace
DOM 56
Tax Year 1575
See more
Interior
Basement Crawl Unfinished
Flooring Vinyl
Beds 12
Total Number of Units 5
Microwaves 0
Refrigerators 5
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 12
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 5
W/D Hookups 1
Basement Material Block
See more
Exterior
Exterior Brick
Pool No
Number of Parking Spaces 5
Lot Size Area 3049
Lot Dimensions 151x67
Lot Description Level
Fence None
Outbuilding None
Water Features None
Waterfront Y/N No
See more
* Excluded Features
List By
Cody Wallace

Listing Agent

Ferris Property Group

Broker

cody@ferrispropertygroup.com

Email

Affordability Calculator

$1,301
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,170
Monthly Property Taxes
$131
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1236522 Elementary School
1235815 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2026$190,000 -7.27% Price Down
1/9/2026$204,900 -2.38% Price Down
11/26/2025$209,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

429 W Charles Street, Muncie, IN, 47305 is a Multi-Family Home for sale at $190,000 with 2,092 sqft. 429 W Charles Street has 6 bedrooms, 5.0 baths, and was built in 1800. The property's zip code is 47305 which is in Muncie, IN

Get more info