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Triplex with Attached Garage
For Sale
$159,900

1901 W Riggin Road, Muncie, IN 47304

Three-unit property with separate utilities, varied layouts, and appliances included.

Property SizeContact for details
Days on Market41

Property Features for 1901 W Riggin Road

General Information

Standard status Active
Total Parking Spaces 2
Property subtype INVESTMENT

Units

Unit Mix 1 x 2BR, 1 x 1BR, 1 x studio
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

fenced back yard
Listing Agency: Leading Home Realty
Listed By: Michael Lambert
Source: Midwestrealestategroup
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 12:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leading Home Realty

Investment Insights

Based on property information with market context.

This triplex includes three distinct residential units with separate utilities. The main unit offers two bedrooms, a spacious living room, kitchen, laundry area, walk-in pantry, and an additional room that can function as a family room or third bedroom. Recent improvements include vinyl plank flooring, fresh paint, and updated bathroom fixtures. The unit also connects to a two-car attached garage and fenced backyard.

The second unit has one bedroom, a living and dining area, kitchen, and bathroom with vinyl flooring. The rear lower-level unit is a studio with a compact kitchen and bathroom. Appliances remain with the property, and all three units are currently unleased.

Key Highlights

  • Three‑unit configuration with separate utilities for each residence
  • Main unit includes 2 bedrooms plus an additional room suitable for a family room or third bedroom
  • Main residence features new vinyl plank flooring, new paint, and updated bathroom fixtures

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Pharmacy HVAC Service

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with separate utilities, varied layouts, and appliances included.
Where is this triplex located?
The property is located at 1901 W Riggin Road Muncie, IN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Three‑unit configuration with separate utilities for each residence; Main unit includes 2 bedrooms plus an additional room suitable for a family room or third bedroom; Main residence features new vinyl plank flooring, new paint, and updated bathroom fixtures
More about this property
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