313 W 5th Street, Muncie, IN 47302

Muncie
Local realty services provided by:Better Homes and Gardens Real Estate Connections
313 W 5th Street,Muncie, IN 47302
$149,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 1,014 sq. ft.
  • Multi-family
  • Active
Listed by: lisa buckner
Office: re/max real estate groups
MLS#:202623603
Source:Indiana Regional MLS

Price summary

  • Price:$149,000
  • Price per sq. ft.:$48.98

About this home

Opportunity to own a working piece of Muncie history: machine shop, rental home, pole barn, fenced, and income potential all in one property. Operating since the early 1900s, this property was home to Kemp Machine Shop and later BK Machine Shop, serving generations of local industry. The machine shop remains operational today, offering an opportunity for an owner-user, investor, or entrepreneur seeking established industrial space with a proven legacy. The property includes the commercial building, an additional pole barn for storage or expansion, and a separate 2-bedroom, 1-bath rental home with an unfinished attic, providing additional income potential. The fenced property offers ample parking and outdoor space. Conveniently located near downtown Muncie, this unique property presents an exceptional live-work opportunity, allowing owners to operate a business while generating rental income from the residential dwelling. Whether you're looking to continue its industrial heritage or...

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Home facts

  • Year built:1900
  • Subdivision & Development:None
  • Listing ID #:202623603
  • Added:59 day(s) ago
  • Updated:August 14, 2026 at 03:37 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Mixed
  • Basement Description:Unfinished
  • Living area:1,014 sq. ft.

Heating and cooling

  • Cooling:Central Air, Multiple Cooling Units
  • Heating:Forced Air, Gas, Multiple Heating Systems, Wall Heater
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Metal, Shingle
  • Year built:1900
  • Building area:1,014 sq. ft.
  • Lot area:0.78 Acres
  • Lot Features:Corner
  • Construction Materials:Brick, Vinyl
  • Exterior Features:Fenced Yard

Schools

  • High school:Central
  • Middle school:Southside
  • Elementary school:Southview

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$149,000
  • Price per sq. ft.:$48.98

Parking

  • Parking description: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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