1001 W 1st Street Muncie, IN $ 100,000
1001 W 1st Street
$ 100,000
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1001 W 1st Street

Muncie, IN, 47305
$ 100,000
Baths0.0

Monthly Estimate*

$ 616

1001 W 1st Street, Muncie, IN 47305 - Image 1
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Studio

Multi-Family Home for sale in Muncie, IN

for $100,000. This home was built in 1895 on a lot size of 0.12.

Add this income-producing property to your portfolio and start collecting rent from day one. Currently fully occupied, this duplex generates consistent cash flow with tenants already in place. The lower unit features a spacious 3-bedroom, 1.5-bath layout with a large living room and a well-equipped kitchen offering abundant cabinet storage. Recent updates include a new electric range, new refrigerator, updated flooring, and new carpet throughout the unit. A dedicated laundry room adds convenience for tenants. The current tenant pays $900 per month and is responsible for gas and electric utilities. Additional improvements include recent ductwork repairs. The upper unit offers a comfortable 1-bedroom, 1-bath layout with a kitchenette and attractive high ceilings that create an open feel. Large windows provide excellent natural light throughout the space. The unit includes a refrigerator and has benefited from some plumbing updates and new flooring within the last two years. The current tenant pays $600 per month and is responsible for their electric utility. With $1,500 in monthly rental income, recent improvements, and stable occupancy, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term portfolio growth.

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Multi-Family Active

Price

$ 100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,294

Style

Lot Size

0.12

Year Built

1895

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

22107611

Features
General
Possession Closing
Year Built 1895
Township Center
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Delaware
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Muncie
High School District Muncie Community Schools
Number Of Units Total 2
MLS Area 1808 - Delaware - Center
Lot Size Square Feet 5250
Current Financing NotApplicable
Standard Status Active
Tax Lot 1
Legal Description S T N Add Blk 16 Lot 1
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Exterior
Lot Size Acres 0.12
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* Excluded Features
List By
Boots Realty, Llc

Broker

sales@bootsrei.com

Email

Affordability Calculator

$724
Per Month
85%
15%
0%
Monthly Principal & Interest
$616
Monthly Property Taxes
$108
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
4045051 Elementary School
4045021 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$100,000 Listed Price

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1001 W 1st Street, Muncie, IN, 47305 is a Multi-Family Home for sale at $100,000 with a lot size of 0.12. 1001 W 1st Street is a studio with 0.0 baths and was built in 1895. The property's zip code is 47305 which is in Muncie, IN