Leased Multifamily Investment
512 S Talley Avenue Muncie, IN 47303
New
For Sale
$114,900
MULTI_FAMILY - Other - Muncie, IN
Property Size1,191 SF
Lot Size0.16 Acres
Price / SF$96.47
Days on Market2
Property Features for 512 S Talley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Basement, Bedroom 3, Bedroom 2
Basement
Block
Standard status
Active
APN
18-11-17-232-003.000-003
Size
1,191 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Westside Lot 893
Utilities
Cooling system
Central Air
Building Details
Year built
1919
Floors in Building
1
Number of units
1
Flooring type
Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
NextHome Elite Real Estate
(765) 729-5181
Listed By:
Kathy J Smith · License #RB14039328
(765) 717-9910
Added: Jul 28
Last Checked: Jul 29 at 12:06AM
MLS# 202630521
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 multifamily investment property is currently occupied by a long-term tenant on a month-to-month basis, producing $925.00 per month in rental income. The property is listed for sale and sits on a 0.16-acre lot.
The home is located in Muncie, Indiana, near IU Hospital and Ball State University (BSU). As provided, it is addressed at 512 S Talley Avenue in Delaware County.
Additional details such as unit count, interior layout, and condition are not provided in the listing information.
The home is located in Muncie, Indiana, near IU Hospital and Ball State University (BSU). As provided, it is addressed at 512 S Talley Avenue in Delaware County.
Additional details such as unit count, interior layout, and condition are not provided in the listing information.
Key Highlights
- Leased for $925/month on a month‑to‑month basis (long‑term tenant)
- Year built: 1919
- Central air cooling
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Leased month-to-month investment property currently generating $925 per month.
Where is this single family property located?
The property is located at 512 S Talley Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Leased for $925/month on a month‑to‑month basis (long‑term tenant); Year built: 1919; Central air cooling
