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3-Unit Mixed-Use Property
New
For Sale
$325,000

3409 W Bethel Avenue, Muncie, IN 47304

Two buildings provide ground-floor space, an upstairs apartment, and a separate office suite near Ball State University.

Property SizeContact for details
Lot Size0.89 Acres
Days on Market4

Property Features for 3409 W Bethel Avenue

General Information

Standard status Active
Lot size 0.89 Acres
Property subtype Mixed Use

Building Details

Year Built 1908
Year Renovated 2001
Buildings 2
Tenancy Multi
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian Allardt · License #RB14013784
Source: Cbcworldwide
Added: Sep 28 Changed: Sep 29 Last Checked: Oct 1 at 7:56AM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Set on 0.89 acres along Bethel Avenue, this mixed-use property comprises two buildings and three units. The two-story building contains a first-floor unit and an apartment upstairs, accessible by interior and exterior stairs. A separate one-story building houses the third unit, configured as office space. The property offers office or retail use potential.

The original residence dates to 1908 and was gutted and reconstructed in its current configuration in 2001. Both buildings have new roofs. The property is near Ball State University in Muncie.

Key Highlights

  • Three units across two buildings
  • 0.89‑acre property near Ball State University
  • Two‑story building includes a first‑floor unit and an upstairs apartment with interior and exterior stairs

Property Analytics

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Current Use

Martin Insurance Group ... Insurance Agency Martin Insurance - Tanner ... Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Garden Center Storage Facility Kitchen & Bath Showroom Hair Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

570
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings provide ground-floor space, an upstairs apartment, and a separate office suite near Ball State University.
Where is this mixed-use property located?
The property is located at 3409 W Bethel Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three units across two buildings; 0.89‑acre property near Ball State University; Two‑story building includes a first‑floor unit and an upstairs apartment with interior and exterior stairs
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