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Updated 3-Unit Triplex
For Sale
$165,000

907 W Main St, Muncie, IN 47305

Recently updated multifamily property in downtown Muncie with three residential units.

Property SizeContact for details
Days on Market41

Property Features for 907 W Main St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1904
Listing Agency: RE/MAX Real Estate Solutions
Listed By: Peyton Nichols · License #RB23001404
Source: Eveloteam
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 4:56PM

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 RE/MAX Real Estate Solutions

Investment Insights

Based on property information with market context.

This triplex at 907 W Main St in Muncie, Indiana, contains three residential units and has recently undergone updates. The three-unit configuration provides a compact multifamily layout within a single property, with each residence identified separately as Unit 1, Unit 2, and Unit 3.

Constructed in 1904, the property is positioned in downtown Muncie, providing an urban setting for a small-scale residential income asset. Its established building profile and three-unit arrangement support continued use as a multifamily property.

Key Highlights

  • Three residential units within one triplex
  • Recently updated multifamily property
  • Downtown Muncie location

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pharmacy Storage Facility Bakery (Bike/Boat/Book/etc) Store Food Market Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,121
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Recently updated multifamily property in downtown Muncie with three residential units.
Where is this triplex located?
The property is located at 907 W Main St Muncie, IN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three residential units within one triplex; Recently updated multifamily property; Downtown Muncie location
More about this property
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