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2234 W Memorial Drive Muncie, IN ^$ 239,900

2234 W Memorial Drive

^$ 239,900

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2234 W Memorial Drive

Muncie, IN, 47302

^$ 239,900

Studio Baths0.0

Monthly Estimate*

^$ 1,477

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Studio

Multi-Family Home for sale in Muncie, IN

for $239,900. This home was built in 1941 on a lot size of 0.34.

CASH COW! 100% Occupied. Two buildings each with two units, 3 units are 2 BR and 1 unit is 1 BR. Front building has brand new roof, new siding, luxury vinyl plank flooring, new door, trim, base, freshly painted and one unit has a renovated bathroom with full tub. Back building has partial new siding and partial new roof. One unit has been very nicely renovated and the other unit might need some improvement due to tenant living there for more than ten years and would like to live there for ever. There is an empty partial included in this sale and more units could be built.

Multi-Family Active

Price

^$ 239,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,616

Style

Lot Size

0.34

Year Built

1941

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

22108028

Features

General

Possession Closing

Security Features Smoke Detector(s)

Year Built 1941

Tenant Pays Electricity Gas

Township Center

Property Subtype Quadruplex

Tax Year 2025

Current Use Apt<20

County Delaware

Net Operating Income 31888

New Construction N

Property Type Residential Income

Subdivision Name R & Ul Co

Status Active

Directions GPS Friendly

City Muncie

High School District Muncie Community Schools

Number Of Units Total 4

MLS Area 1808 - Delaware - Center

Lot Size Square Feet 15000

Standard Status Active

Tax Lot 13-14

Legal Description Rochester & Utica 1 Blk 34 Lot 13-14-15

Exterior

Lot Size Acres 0.34

Waterfront Y/N N

* Excluded Features

List By

United Real Estate Indpls

Broker

cksaha@sbcglobal.net

Affordability Calculator

$1,612

Per Month

Monthly Principal & Interest: $1,477
Monthly Property Taxes: $135
Monthly Home Insurance: --

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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 ^$141,367

Percent of Sale Price 41%

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.

4045051 Elementary School

4045021 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/15/2026	$239,900		Listed Price

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2234 W Memorial Drive, Muncie, IN, 47302 is a Multi-Family Home for sale at $239,900 with a lot size of 0.34. 2234 W Memorial Drive is a studio with 0.0 baths and was built in 1941. The property's zip code is 47302 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

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 6/17/2026.

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2234 W Memorial Drive

Multi-Family Home for sale in Muncie, IN

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