Updated
For Sale
$165,000
907 W Main Street, Muncie, IN 47305
MULTI_FAMILY - Muncie, IN
Lot Size0.16 Acres
Days on Market180
Property Features for 907 W Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Subdivision
No Subdivision
Elementary school district
Delaware Community School Corp
Middle school district
Delaware Community School Corp
High school district
Delaware Community School Corp
Directions
GPS Friendly
Standard status
Active
APN
181109458002000003
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Jones Add Lot 3
Legal Description
Jones Add Lot 3
Building Details
Year built
1904
Number of units
3
Listing Agency:
RE/MAX Real Estate Solutions · RE/MAX International
(765) 640-1900
Listed By:
Peyton Nichols · License #RB23001404
(765) 640-1900
Added: Feb 1
Changed: Jun 16
Last Checked: Jul 31 at 5:06AM
MLS# 22082358
Copyright © 2026 MIBOR Service Corporation. 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 recently updated triplex offers three separate rental units under one ownership structure. The property includes Unit 1 and Units 2 and 3, each operated as an independent unit. Current rents are provided for all three units, supporting straightforward income tracking from day one.
The building is located at 907 W Main Street in downtown Muncie, Indiana. A downtown setting can be important for renters seeking convenient access to local employment and daily amenities.
For investors or owner-operators looking for a small multifamily asset, this triplex provides a practical, three-unit configuration with reported monthly rents totaling $2,225. With updates already completed, the property may fit buyers who want a manageable asset size while maintaining three separate income streams.
The building is located at 907 W Main Street in downtown Muncie, Indiana. A downtown setting can be important for renters seeking convenient access to local employment and daily amenities.
For investors or owner-operators looking for a small multifamily asset, this triplex provides a practical, three-unit configuration with reported monthly rents totaling $2,225. With updates already completed, the property may fit buyers who want a manageable asset size while maintaining three separate income streams.
Key Highlights
- Triplex built in 1904 with basement
- 3‑unit property in downtown Muncie
- Unit 1 rents for $775/month
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three recently updated units generate monthly rent of $775, $725, and $725.
Where is this triplex located?
The property is located at 907 W Main Street 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: Triplex built in 1904 with basement; 3‑unit property in downtown Muncie; Unit 1 rents for $775/month
