429 W Charles Street, Muncie, IN 47305

Local realty services provided by:Better Homes and Gardens Real Estate Connections
429 W Charles Street,Muncie, IN 47305
$204,900
  • 12 Beds
  • 5 Baths
  • 2,092 sq. ft.
  • Multi-family
  • Active
Listed by: cody wallace
Office: ferris property group
MLS#:202547323
Source:Indiana Regional MLS

Price summary

  • Price:$204,900
  • Price per sq. ft.:$73.76

About this home

Discover an excellent investment opportunity in the Old West End of downtown Muncie with this fully configured fiveplex at 429 W Charles Street. This brick-constructed multi-family property features a total of 7 bedrooms and 5 full baths within approximately 2,092 square feet of living space Property Highlights: • Five units with flexible rental configurations (12 total bedrooms, 5 baths). • Built in 1800 — solid historic construction with durable materials. Brick exterior, two-story design with covered/enclosed porch area. • Off-street parking with up to 5 private spaces. Homes • Separate utilities (electric and gas) to each unit — currently owner covers utilities, presenting an opportunity to pass through costs to tenants. • Strong layout for long-term rental income or value-add repositioning. Unit Mix (Example/Rental Potential): • Unit 1: 2BR/1BA – $875/mo (occupied) • Unit 2: 1BR/1BA – vacant (last rented $750/mo) • Unit 3: 1BR/1BA – $800/mo (occupied) • Unit 4: 1BR/1BA –

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Home facts

  • Year built:1800
  • Listing ID #:202547323
  • Added:44 day(s) ago
  • Updated:January 09, 2026 at 08:54 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,092 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1800
  • Building area:2,092 sq. ft.
  • Lot area:0.07 Acres

Schools

  • High school:Central
  • Middle school:Northside
  • Elementary school:Westview

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$204,900
  • Price per sq. ft.:$73.76
  • Tax amount:$3,500
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.