1112-1114 N Elm Street Muncie, IN $ 135,000
1112-1114 N Elm Street
$ 135,000
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1112-1114 N Elm Street

Muncie, IN, 47303
$ 135,000
Bedrooms9 Baths3.0 Sq 1,868

Monthly Estimate*

$ 852

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Multi-Family Home for sale in Muncie, IN

for $135,000 with 9 bedrooms and 3 full baths. This 1,868 square foot home was built in 1893.

Income-producing triplex currently generating $2,135 per month in gross rental income! This property offers three separate units consisting of two 1-bedroom units and one 2-bedroom unit, providing an established multi-unit investment opportunity. The property features separate living spaces with kitchens and baths for each unit, along with a mix of updated flooring, cabinetry and finishes throughout. Exterior vinyl siding and a covered front porch add to the property, while the layout provides three distinct rental units under one roof. With $25,620 in current annual gross rental income, this triplex offers an opportunity to add an income-producing property to your portfolio without starting from scratch. Whether you're looking to expand an existing rental portfolio or purchase your first multi-unit investment, the numbers make this one worth a look. Current rents total $2,135/month. Buyer to verify rents, expenses, leases, utilities and all other investment information.

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Multi-Family Active

Price

$ 135,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,000

Style

Year Built

1893

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202635206

Features
General
Heating Gas
Cooling Window
Sewer Public
# of Buildings 1
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1893
Parking Gravel
New Construction No
Tenant Pays Cable
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Triplex
Age 133
Net Income 11936
Rent Income 25620
Features Basement Off Street Parking Cable Ready Patio Covered
REO No
Status Detail 0
Common Amenities None
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Architectural Style Other
Total Sq Ft 2802
Elementary School East Washington Academy
Middle School Northside
Legal Description W L CO 2 ADD LOT 25
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635206
Agent First Name Lisa
Agent Last Name Buckner
DOM 1
Tax Year 2000
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Exterior
Road Surface Paved
Road Access City
Exterior Vinyl
Driveway Concrete
Pool No
Number of Parking Spaces 4
Lot Size Area 8000
Lot Dimensions 50x160
Lot Description Level
Fence None
Water Meters 1
Electric Meters 1
Outbuilding None
Water Features None
Gas Meters 1
Waterfront Y/N No
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Interior
Basement Unfinished
Flooring Carpet Vinyl
Beds 4
Total Number of Units 3
Microwaves 3
Refrigerators 3
Washers 0
Dryer(s) 0
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 3
W/D Hookups 0
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* Excluded Features
List By
Lisa Buckner

Listing Agent

Re/Max Real Estate Groups

Broker

lisa@thebucknerpropertygroup.com

Email

Affordability Calculator

$936
Per Month
91%
9%
0%
Monthly Principal & Interest
$852
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/27/2026$135,000 Listed Price

Map


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1112-1114 N Elm Street, Muncie, IN, 47303 is a Multi-Family Home for sale at $135,000 with 1,868 sqft. 1112-1114 N Elm Street has 9 bedrooms, 3.0 baths, and was built in 1893. The property's zip code is 47303 which is in Muncie, IN