408 W Centennial Avenue Muncie, IN ^$ 155,000

408 W Centennial Avenue

^$ 155,000

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Recently Listed

408 W Centennial Avenue

Muncie, IN, 47303

^$ 155,000

Bedrooms4 Baths2.0 Sq 750

Monthly Estimate*

^$ 954

408 W Centennial Avenue, Muncie, IN 47303 - Image 1

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408 W Centennial Avenue, Muncie, IN 47303 - Image 3

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408 W Centennial Avenue, Muncie, IN 47303 - Image 7

408 W Centennial Avenue, Muncie, IN 47303 - Image 8

408 W Centennial Avenue, Muncie, IN 47303 - Image 9

408 W Centennial Avenue, Muncie, IN 47303 - Image 10

408 W Centennial Avenue, Muncie, IN 47303 - Image 11

408 W Centennial Avenue, Muncie, IN 47303 - Image 12

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Multi-Family Home for sale in Muncie, IN

for $155,000 with 4 bedrooms and 2 full baths. This 750 square foot home was built in 1937.

Great investment opportunity.!! This nice property features 2 separate homes on one parcel conveniently located near BSU, IU Health, Minnetrista, Farmers market, Cardinal Greenway and Downtown Muncie. Both homes have 2 Bedrooms, 1 Bath and a Laundry Room. Vinyl plank flooring, updated kitchens and baths make these properties move-in ready. There is plenty of parking, a fenced-in yard, and a nice corner lot. Each unit is currently leased until 7/26/26. One unit is leased at $800 monthly and the second unit is $850 monthly. Tenants pay all utilities. Great property, great price!

Multi-Family Active

Price

^$ 155,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,201

Style

Traditional

Year Built

1937

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202618405

Features

General

Heating Electricity Baseboard Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1937

Parking Gravel Street

New Construction No

Tenant Pays Electric Sewer Trash Collection Water

Subdivision Wood Side / Woodside

Style Detached

Stories Count 1

Township Center

Class INVESTMENT

Type Duplex

Age 89

Net Income 16599

Rent Income 19800

Features Fenced Yard Closet(s) Walk-in Deck Open

REO No

Status Detail 0

Area Delaware County

Location City/Town/Suburb

High School Central

City Muncie

School District Muncie Community Schools

Architectural Style Traditional

Total Sq Ft 1125

Elementary School East Washington Academy

Middle School Northside

Legal Description Pt S Hlf Se Qtr 0.1500Acres Str: 042010 In: Out:

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202618405

Agent First Name Joann

Agent Last Name Davis

DOM 1

Tax Year 2025

Interior

Basement Crawl Slab Partial Basement Unfinished

Flooring Other Vinyl

Beds 4

Total Number of Units 2

Microwaves 0

Refrigerators 2

Washers 1

Dryer(s) 1

Dishwasher(s) 2

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

Basement Material Block Other

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 4

Lot Size Area 6534

Lot Dimensions 125' x 50'

Lot Description Corner

Fence Chain Link

Water Meters 1

Electric Meters 2

Outbuilding None

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Joann Davis

Listing Agent

F.C. Tucker Company

Broker

joann.davis@talktotucker.com

Affordability Calculator

$1,221

Per Month

Monthly Principal & Interest: $954
Monthly Property Taxes: $267
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Muncie, IN

Average List Price ^$147,191

Percent of Sale Price 5%

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.

1236769 Elementary School

1235815 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2026	$155,000		Listed Price

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408 W Centennial Avenue, Muncie, IN, 47303 is a Multi-Family Home for sale at $155,000 with 750 sqft. 408 W Centennial Avenue has 4 bedrooms, 2.0 baths, and was built in 1937. 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 6.25% 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.

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 5/16/2026.

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408 W Centennial Avenue

Multi-Family Home for sale in Muncie, IN

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