Turnkey Single-Family Rental
For Sale
$415,000
3114 W Devon Road, Muncie, IN 47304
INVESTMENT, One Story, Muncie, IN
Property Size5,982 SF
Lot Size0.17 Acres
Price / SF$69.37
Days on Market50
Property Features for 3114 W Devon Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 10, Bedroom 5, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 8
Parking
12
Fireplace
1
Subdivision
University Heights
Lot features
Level
Elementary school
Westview
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
Standard status
Active
APN
18-11-08-156-012.000-003
Size
5,982 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
UNIVER HTS REPLT LOT 82 / LINDEN PARK LOT 102 / FAIRFAX ADD 0.0000Acres STR: 342110 IN: 24 OUT: / FAIRFAX LOT 123
Legal Description
UNIVER HTS REPLT LOT 82 / LINDEN PARK LOT 102 / FAIRFAX ADD 0.0000Acres STR: 342110 IN: 24 OUT: / FAIRFAX LOT 123
Building Details
Year built
1951
Floors in Building
1
Number of units
6
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX Real Estate Groups · RE/MAX International
(765) 288-0400
Listed By:
Ryan Kramer · License #RB14042267
(765) 717-2489
Added: Jul 10
Changed: Aug 26
Last Checked: Aug 28 at 8:06AM
MLS# 202627583
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 turnkey rental portfolio includes four single-family homes currently tenanted and under professional management. The combined unit mix features 9 bedrooms and 4 bathrooms across the four properties.
The portfolio is offered as a packaged acquisition, with gross annual rent of $41,880 reported across the homes. The addresses included in the package are 3114 W Devon Rd, 312 E Berkley Ave, 106 E Harvard Ave, and 808 W Harvard Ave, all in Muncie, Indiana.
The listing information presents this as a stabilized, turn-key buy with ongoing management already in place, reducing the need for operational setup at the time of acquisition.
The portfolio is offered as a packaged acquisition, with gross annual rent of $41,880 reported across the homes. The addresses included in the package are 3114 W Devon Rd, 312 E Berkley Ave, 106 E Harvard Ave, and 808 W Harvard Ave, all in Muncie, Indiana.
The listing information presents this as a stabilized, turn-key buy with ongoing management already in place, reducing the need for operational setup at the time of acquisition.
Key Highlights
- 4‑property Muncie, IN single‑family rental portfolio package with all homes currently tenanted and professionally managed
- Portfolio generates $41,880 in gross annual rent across four addresses: 3114 W Devon Rd; 312 E Berkley Ave; 106 E Harvard Ave; 808 W Harvard Ave
- Total unit mix: 9 bedrooms and 4 bathrooms across the four homes
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four tenanted, professionally managed single-family homes generating $41,880 in gross annual rent.
Where is this multifamily property located?
The property is located at 3114 W Devon Road Muncie, IN.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 4‑property Muncie, IN single‑family rental portfolio package with all homes currently tenanted and professionally managed; Portfolio generates $41,880 in gross annual rent across four addresses: 3114 W Devon Rd; 312 E Berkley Ave; 106 E Harvard Ave; 808 W Harvard Ave; Total unit mix: 9 bedrooms and 4 bathrooms across the four homes
