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    1901 W Riggin Rd Muncie, IN 47304

    For Sale
    $169,900

    Residential Multi Family, Other - Muncie, IN

    Property size:
    2,672 SF
    Lot size:
    0.29 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1901 W Riggin Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    Size
    2,672 SF
    Lot size
    0.29 Acres

    Building Details

    Year built
    1953
    Architectural style
    Other

    NextHome, Inc

    Listing agent Kathy Smith (765) 729-5181 License #RB14039328,PersonLicenseNumber

    Listing date Sep 25, 2025

    MLS# 202538637 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Muncie Multi-Unit Residential Property

    This residential multi-family property in Muncie, Indiana, features three units. The main unit includes new vinyl plank flooring, new paint, a new toilet, sink, and tub surround. It offers two bedrooms, a large living room, a kitchen, a laundry area, and a walk-in pantry. An additional room could serve as a family room or a third bedroom, with a closet located just outside the door. This unit also has access to a two-car attached garage and a large fenced backyard. The upstairs unit features a large living room/dining room space, a small kitchen, one bedroom, and a bathroom with vinyl flooring. The downstairs back unit is a studio apartment with a small kitchen and bathroom. Each unit has its own utilities, and the appliances in the units stay. The property is being sold "As-Is" and is currently not leased. The property size is 2,672 square feet and the lot size is 0.29 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.40735626
    Latitude
    40.23307037

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    FAQs

    What type of property is this?
    Triplex - Multi-unit residential property featuring three units and a two-car garage.
    Where is this triplex located?
    The property is located at 1901 W Riggin Rd Muncie, IN.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Main unit features NEW vinyl plank flooring, paint, toilet, sink, and tub surround.; - Property includes a main unit (2-3 bedrooms), an upstairs 1-bedroom unit, and a downstairs studio apartment.; - Each unit has separate utilities.
    (765) 729-5181
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1901 W Riggin Rd Muncie, IN 47304
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