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Renovated Four-Unit Quadplex
New
For Sale
$212,000

407 N Monroe St, Muncie, IN 47305

Four residential units offer consistent layouts with separate gas and electric metering near downtown Muncie.

Property Size3,690 SF
Price / SF$57.45
Days on Market7

Property Features for 407 N Monroe St

General Information

Standard status Active
Size 3,690 SF

Building Details

Year Built 1890
Listing Agency: F.C. Tucker Muncie, REALTORS
Listed By: Ed Conatser · License #RB14034629
Source: Callcriswell
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 31 at 7:25PM

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 F.C. Tucker Muncie, REALTORS

Investment Insights

Based on property information with market context.

This quadplex contains 4 residential units, each arranged with a living area, kitchen, 2 bedrooms, and a full bathroom. The property totals 3,690 square feet and was built in 1890, with several interior and exterior renovations completed within the last 2 yrs.

Located on the edge of downtown Muncie, the building has separate gas and electric meters for each unit. Income and expense information is available upon request.

Key Highlights

  • 4‑unit quadplex with 3,690 square feet
  • Each unit includes living space, kitchen, 2 bedrooms, and a full bath
  • Several interior and exterior renovations completed within the last 2 yrs

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Parking Lot & Garage Bakery Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,041
Businesses Nearby

Demographics for 47305, IN

3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer consistent layouts with separate gas and electric metering near downtown Muncie.
Where is this quadplex located?
The property is located at 407 N Monroe St Muncie, IN.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: 4‑unit quadplex with 3,690 square feet; Each unit includes living space, kitchen, 2 bedrooms, and a full bath; Several interior and exterior renovations completed within the last 2 yrs
More about this property
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