1112-1114 N Elm Street, Muncie, IN 47303

Muncie
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1112-1114 N Elm Street,Muncie, IN 47303
$125,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,868 sq. ft.
  • Single family
  • Active
Listed by: lisa buckner
Office: re/max real estate groups
MLS#:202635153
Source:Indiana Regional MLS

Price summary

  • Price:$125,000
  • Price per sq. ft.:$44.61

About this home

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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Home facts

  • Year built:1893
  • Subdivision & Development:None
  • Listing ID #:202635153
  • Added:47 day(s) ago
  • Updated:October 13, 2026 at 03:51 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Cooktop-Gas, On Main Level, Oven-Gas
  • Basement Description:Unfinished
  • Living area:1,868 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1893
  • Building area:1,868 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Level
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Exterior Features:Patio Covered
  • Levels:2 Stories

Schools

  • High school:Central
  • Middle school:Northside
  • Elementary school:East Washington Academy

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$44.61
  • Tax amount:$2,000

Features and amenities

  • Amenities:Cable Ready

Parking

  • Parking description:Concrete Driveway, Off Street Parking
IRMLS information is provided exclusively 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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