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    802 N Mulberry St Muncie, IN 47305

    For Sale
    $99,500

    Triplex - Muncie, IN

    Type:Triplex
    Lot size:
    0.11 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 802 N Mulberry St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    APN
    181110156015000003
    Lot size
    0.11 Acres

    Building Details

    Year built
    1900
    Number of units
    3
    Architectural style
    Other

    Five Star Real Estate of Muncie, LLC (765) 289-2400 [email protected]

    Listing agent Joann Davis (765) 289-2400 License #RB14041531

    Listing date Nov 20, 2025

    MLS# 22053743 Listing URL

    Copyright © 2025 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.

    Overview

    Muncie Triplex Investment Opportunity

    This triplex presents a notable investment opportunity, situated in a convenient location near the new YMCA, Central High School, Downtown Muncie, and the Farmers Market. The property features three one-bedroom units. One of the units has been updated, while the remaining two require some renovation. Exterior improvements include the partial installation of new vinyl siding, which needs to be completed. The property occupies a corner lot. Located in a neighborhood experiencing new development, this triplex is offered at a competitive price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.384981
    Latitude
    40.201394

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    FAQs

    What type of property is this?
    Triplex - Triplex in convenient location near downtown Muncie.
    Where is this triplex located?
    The property is located at 802 N Mulberry St Muncie, IN.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: - Great investment opportunity with potential for increased value.; - Triplex featuring three 1-bedroom units.; - Convenient location near YMCA, Central High School, Downtown Muncie, and Farmers Market.
    (765) 289-2400
    Request Owner's contact information
    802 N Mulberry St Muncie, IN 47305
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    Muncie, IN 47305
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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
    802 N Mulberry St Muncie, IN 47305
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