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Triplex with Fireplace
For Sale
$199,900

617 W Memorial Drive, Muncie, IN 47302

MULTI_FAMILY - Muncie, IN

Property Size1,134 SF
Lot Size0.11 Acres
Price / SF$176.28
Days on Market145

Property Features for 617 W Memorial Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 3, Bedroom 4, Bathroom 4, Basement, Bedroom 1, Bedroom 9, Bedroom 5, Bathroom 2, Bedroom 7, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 8, Bathroom 3, Bedroom 6
Parking 2
Fireplace 1
Subdivision McConnellsville
Lot features Level
Elementary school Southview
Middle school Southside
High school Central
Elementary school district Muncie Community Schools
Middle school district Muncie Community Schools
High school district Muncie Community Schools
Directions GPS friendly
Standard status Active
APN 181121205006000003
Size 1,134 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description PT WHALF NE QTR S21 T20 R10 0.110 AC
Legal Description PT WHALF NE QTR S21 T20 R10 0.110 AC

Building Details

Year built 1918
Floors in Building 1
Number of units 3
Flooring type Mixed
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX Real Estate Groups · RE/MAX International
Listed By: Ryan Kramer · License #RB14042267
Added: Mar 18 Changed: Aug 5 Last Checked: Aug 9 at 9:06AM
MLS# 202608891

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex package includes three separately identified properties: 617 W Memorial Dr (Unit 1), 904 E 13th St (Unit 2), and 2025 S Mulberry (Unit 3). The homes are set up with multiple bedrooms and bathrooms, and each property includes basement space. Interior finishes include mixed flooring, and the package features fireplaces. The roof type reported is shingle.

Each unit is part of the same offering, with lot size listed as 0.11 acres and total property size listed as 1,134 square feet. The year built is 1918.

For buyers looking for a multifamily portfolio addition, this set of three units offers a straightforward package configuration under one transaction.

Key Highlights

  • Three‑unit triplex package: 617 W Memorial Dr (Unit 1), 904 E 13th St (Unit 2), 2025 S Mulberry (Unit 3)
  • Fireplaces included
  • Basement space included

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Accounting Firm Gym & Fitness Center Skin Care Clinic Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby

Demographics for 47302, IN

25,704
Population
12,625
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
65.2 sq mi
ZIP Area
394
Density / Sq Mi
$47,185
Median Household Income
$31,795
Median Earnings
$865
Median Rent
$70,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex package with mixed flooring, shingle roof, basement space, and fireplaces across three units.
Where is this triplex located?
The property is located at 617 W Memorial Drive Muncie, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three‑unit triplex package: 617 W Memorial Dr (Unit 1), 904 E 13th St (Unit 2), 2025 S Mulberry (Unit 3); Fireplaces included; Basement space included
More about this property
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