2234 W Memorial Drive, Muncie, IN 47302

Building Details

Year built

1941

Number of units

4

Listing agent Chandan Saha Show Phone

Listing office United Real Estate Indpls P***@UnitedIndy.net E 86th St Ste 200 1425, Indianapolis, IN Show Phone

Listing date Jun 13, 2026

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MLS# 22108028 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This two-building multifamily property consists of four total units arranged as a quadplex. The front building contains two units, and the back building contains two units. Unit mix includes three two-bedroom apartments and one one-bedroom apartment. Recent improvements are noted across both buildings, including a brand new roof and new siding on the front building, along with luxury vinyl plank flooring, updated doors, trim, base, and fresh interior paint. One front unit also has a renovated bathroom with a full tub. The back building has partial new siding and partial new roof. The seller also indicates an empty partial included with the sale.

The property is located at 2234 W Memorial Drive in Muncie, Indiana 47302, in Delaware County.

For investors or owner-operators looking for an income property, the current offering is described as 100% occupied. The mix of one- and two-bedroom apartments can appeal to a range of tenants, while the combination of completed exterior and interior updates on parts of the buildings may help reduce near-term capital needs. The included empty partial is also referenced as an opportunity for additional unit development, subject to permitting and feasibility.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

• Map
• Local Demand

City

Muncie

County

Delaware

State

Indiana

Longitude

-85.412709

Latitude

40.178725

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FAQs

What type of property is this?

Quadplex - Two buildings with four total units are currently fully occupied, offering a mix of one- and two-bedroom layouts.

Where is this quadplex located?

The property is located at 2234 W Memorial Drive Muncie, IN.

What is the asking price?

The asking price for this property is $239,900.

What are key features of this property?

This property features: 100% occupied 4‑unit property with two buildings (two units per building); Unit mix: three 2BR units and one 1BR unit; Front building updates: brand new roof, new siding, luxury vinyl plank flooring, new door, trim and base, and freshly painted interiors