1112-1114 N Elm Street, Muncie, IN 47303
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: lisa buckner
Office: re/max real estate groups
MLS#:202635153
Source:Indiana Regional MLS
Price summary
- Price:$135,000
- Price per sq. ft.:$48.18
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:1 day(s) ago
- Updated:August 28, 2026 at 06:55 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:$135,000
- Price per sq. ft.:$48.18
- Tax amount:$2,000
Features and amenities
- Amenities:Cable Ready
Parking
- Parking description:Concrete Driveway, Off Street Parking
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