1508 E Main Street Muncie, IN $ 135,000
1508 E Main Street
$ 135,000
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1508 E Main Street

Muncie, IN, 47305
$ 135,000
Bedrooms4 Baths2.0 Sq 1,754

Monthly Estimate*

$ 831

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Multi-Family Home for sale in Muncie, IN

for $135,000 with 4 bedrooms and 2 full baths. This 1,754 square foot home was built in 1918.

Great investment opportunity with two 2-bedroom units, both rehabbed within the past year. The upper unit was just completed and features all new appliances, including a stackable washer and dryer, and is fully furnished for short- or mid-term rental use. The lower unit offers a mudroom entry, spacious living room, and a large bedroom with double closets. Parking is available on the street or in the rear, and the detached garage is currently used by the main-floor tenant. Both units are currently occupied. The upstairs unit rents for $1,390 per month (utilities and internet included), while the downstairs rents for $800 per month with no utilities included. Seller is the listing agent and a licensed real estate broker in the State of Indiana.

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Multi-Family Active

Price

$ 135,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,100

Style

Duplex

Year Built

1918

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202603255

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
# of Buildings 1
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1918
Parking Off Street
New Construction No
Tenant Pays Other
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 108
Net Income 19940
Rent Income 26280
Features Basement
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 2676
Elementary School East Washington Academy
Middle School Northside
Legal Description THK 1 ADD LOT 8
Agent First Name Ryan
Agent Last Name Kramer
DOM 1
Tax Year 2025
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Interior
Basement Unfinished
Flooring Carpet Vinyl
Beds 4
Total Number of Units 2
Microwaves 1
Refrigerators 2
Washers 1
Dryer(s) 1
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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Exterior
Exterior Vinyl
Driveway Gravel
Pool No
Number of Parking Spaces 3
Lot Size Area 6098
Lot Dimensions 50x125
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Ryan Kramer

Listing Agent

Re/Max Real Estate Groups

Broker

ryan@kramerrealestategroup.com

Email

Affordability Calculator

$923
Per Month
90%
10%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$92
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
1236769 Elementary School
1235815 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$135,000 Listed Price

Map


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1508 E Main Street, Muncie, IN, 47305 is a Multi-Family Home for sale at $135,000 with 1,754 sqft. 1508 E Main Street has 4 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 47305 which is in Muncie, IN