Search
Two-Story Triplex
New
For Sale
$135,000

1112-1114 N Elm Street, Muncie, IN 47303

INVESTMENT, Two Story, Muncie, IN

Property Size1,868 SF
Lot Size0.18 Acres
Price / SF$72.27
Days on Market2

Property Features for 1112-1114 N Elm Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Bathroom 3, Basement, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking 4
Fireplace 1
Lot features Level
Elementary school East Washington Academy
Middle school Northside
High school Central
Elementary school district Muncie Community Schools
Middle school district Muncie Community Schools
High school district Muncie Community Schools
Directions GPS Friendly
Subdivision Delaware County
Standard status Active
APN 181110176010000003
Size 1,868 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2000
Tax Description W L CO 2 ADD LOT 25
Tax Annual Amount 1050
Legal Description W L CO 2 ADD LOT 25

Building Details

Year built 1893
Floors in Building 2
Number of units 3
Flooring type Vinyl, Carpet
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: RE/MAX Real Estate Groups · RE/MAX International
Listed By: Lisa Buckner · License #RB14050240
Added: Aug 27 Last Checked: Aug 28 at 9:06AM
MLS# 202635206

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 1,868-square-foot triplex, built in 1893, contains three separate residential units beneath one roof. The unit mix includes two one-bedroom residences and one two-bedroom residence, with each offering its own living area, kitchen, and bathroom. Interior updates include a combination of refreshed flooring, cabinetry, and finishes. Vinyl siding, a covered front porch, an asphalt shingle roof, and a fireplace are among the property’s physical features.

The parcel encompasses 0.184 acres and includes a basement. Flooring materials include vinyl and carpet. The property is located in Muncie, Indiana, in Delaware County.

Key Highlights

  • Three‑unit configuration with two 1‑bedroom residences and one 2‑bedroom residence
  • 1,868 square feet on a 0.184‑acre parcel
  • Separate living areas, kitchens, and bathrooms for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Dental Office 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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 47303, IN

24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three independent residences include private kitchens and bathrooms, with updated finishes in portions of the building.
Where is this triplex located?
The property is located at 1112-1114 N Elm Street Muncie, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three‑unit configuration with two 1‑bedroom residences and one 2‑bedroom residence; 1,868 square feet on a 0.184‑acre parcel; Separate living areas, kitchens, and bathrooms for each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message