805-811 W North Street, Muncie, IN 47303

Muncie
Local realty services provided by:Better Homes and Gardens Real Estate Connections
805-811 W North Street,Muncie, IN 47303
$179,900
  • 6 Beds
  • 4 Baths
  • 2,518 sq. ft.
  • Multi-family
  • Active
Listed by: ryan orrCell: 765-744-9500
Office: re/max real estate groups
MLS#:202645493
Source:Indiana Regional MLS

Price summary

  • Price:$179,900
  • Price per sq. ft.:$71.45

About this home

Exceptional multifamily investment opportunity situated at 805–811 W North St in Muncie, conveniently located just minutes from the Ball State University campus. This well-configured four-unit residential property features two main-level 2-bedroom, 1-bathroom units and two upper-level 1-bedroom, 1-bathroom units. Each residence is equipped with efficient all-electric heating for streamlined utility management, with updated carpeting installed throughout within the last five years. Unit 809 is currently occupied on a flexible month-to-month lease at $475 per month, offering immediate operational stability while preserving substantial revenue upside. With projected market rental rates estimated at $800 per month for the 2-bedroom units and $650 per month for the 1-bedroom units, this asset boasts a target gross monthly income potential of $2,900 ($34,800 annually). A standout addition to any portfolio, combining high-demand location convenience with clear value-add potential.

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Home facts

  • Year built:1906
  • Subdivision & Development:River Side / Riverside
  • Listing ID #:202645493
  • Added:1 day(s) ago
  • Updated:November 05, 2026 at 05:50 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Mixed
  • Basement Description:Crawl
  • Living area:2,518 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Ceiling, Electricity

Structure and exterior

  • Year built:1906
  • Building area:2,518 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Level
  • Architectural Style:Two Story
  • Construction Materials:Aluminum
  • Levels:2 Stories

Schools

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

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$71.45
  • Tax amount:$1,957

Parking

  • Garage spaces:1
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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