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    Muncie, IN Multifamily Properties for Sale

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    Albany, IN Eaton, IN Gaston, IN
    9 results
    Muncie Multifamily Investment Opportunity
    $212,000
    0.11 Acres

    Muncie Multifamily Investment Opportunity

    407 N Monroe Street, Muncie, IN 47305

    Four-unit property near downtown Muncie with recent renovations.

    • Four Units: Ideal investment opportunity with multiple rental incomes.
    • Separate Gas and Electric Meters: Simplifies tenant billing and expense management.
    • Recent Renovations: Enjoy interior and exterior updates completed within the last 2 years.
    • Edge of Downtown Muncie Location: Benefit from convenient access to city amenities.
    • Laminate and Tile Flooring: Durable and modern flooring throughout.
    Updated: Mar 26
    View details
    Muncie Triplex Investment Opportunity
    $124,999
    2,700 SF

    Muncie Triplex Investment Opportunity

    708 W Jackson Street, Muncie, IN 47305

    Triplex near downtown Muncie with three currently leased units.

    • Currently leased with gross monthly rental income of $2070 at full occupancy.
    • Features three units: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit.
    • Investment opportunity close to downtown Muncie.
    • Tenants pay electricity, water, and sewage.
    • Off‑street parking available.
    Updated: Jan 9
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    Updated Duplex in Muncie, IN
    $119,900
    1,792 SF

    Updated Duplex in Muncie, IN

    Renovated duplex with two units, ideal for living or rental.

    2004 S Walnut Street, Muncie, IN 47302
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    Historic Muncie Property with Updates
    $199,000
    0.36 Acres

    Historic Muncie Property with Updates

    Meticulously maintained property suitable for retail, multi-family, or mixed-use.

    607 E Charles Street, Muncie, IN 47305
    View details
    Muncie Portfolio Opportunity
    $219,900
    1,134 SF

    Muncie Portfolio Opportunity

    Portfolio including three properties in Muncie, Indiana.

    617 W Memorial Drive, Muncie, IN 47302
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    Updated Triplex in Downtown Muncie
    $165,000
    0.16 Acres

    Updated Triplex in Downtown Muncie

    Recently updated triplex with strong income potential in downtown Muncie.

    907 W Main Street, Muncie, IN 47305
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    Updated Duplex in Muncie, Indiana
    $124,900
    1,792 SF

    Updated Duplex in Muncie, Indiana

    Renovated duplex ideal for living or rental income.

    2004 South Walnut Street, Muncie, IN 47302
    View details
    Muncie Manufactured Housing Opportunity
    $4,190,000

    Muncie Manufactured Housing Opportunity

    Value-add manufactured housing community near Ball State University.

    5600 W Kilgore Ave, Muncie, IN 47304
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    Turnkey Duplex with Rental Income
    $164,900
    1,440 SF

    Turnkey Duplex with Rental Income

    Duplex generating $1,500/month, leased through 2026, renovated.

    216 South Dill Street, Muncie, IN 47303
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Muncie, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Mixed-Use Property
    $595,000
    18,000 SF

    Versatile Mixed-Use Property

    Mixed-use property with commercial and residential spaces.

    2500 E 10th Street, Anderson, IN 46012
    View details
    Multifamily Property with Commercial Spaces
    $499,000
    10,200 SF

    Multifamily Property with Commercial Spaces

    Multifamily property with ten apartments and two commercial spaces.

    112 S Harrison Street, Alexandria, IN 46001
    View details
    Alexandria, IN Value-Add Quadruplex
    $215,000
    0.17 Acres

    Alexandria, IN Value-Add Quadruplex

    Solid 4-plex with income potential in Alexandria, Indiana.

    117 E John Street, Alexandria, IN 46001
    View details
    Versatile Mixed-Use Property For Sale
    $649,900

    Versatile Mixed-Use Property For Sale

    Mixed-use property with commercial, industrial, and residential spaces.

    2500 E 10th St, Anderson, IN 46012
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres

    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392
    View details
    Grove City Land Opportunity
    $182,000
    0.83 Acres

    Grove City Land Opportunity

    Land available in Grove City, suitable for residential or commercial.

    2120 Edwards Road, Grove City, OH 43123
    View details
    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres

    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details

    Off-Market Properties in Muncie, IN

    Consider similar Off-Market properties in Muncie, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    109 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,992 SF Lot: 0.05 Acres
    Value Estimation by Request

    109 Main St, Muncie, IN 47305-2817

    View details
    2824 Memorial Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,912 SF Lot: 0.33 Acres
    Value Estimation by Request

    2824 Memorial Dr, Muncie, IN 47302-4700

    View details
    1806 Purdue Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,680 SF Lot: 0.48 Acres
    Value Estimation by Request

    1806 Purdue Ave, Muncie, IN 47304-1453

    View details
    1504 Yale Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.39 Acres
    Value Estimation by Request

    1504 Yale Ave, Muncie, IN 47303-1346

    View details
    2210 Memorial Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.95 Acres
    Value Estimation by Request

    2210 Memorial Dr, Muncie, IN 47302

    View details
    2400 Blk W Kilgore Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 17.56 Acres
    Value Estimation by Request

    2400 Blk W Kilgore Ave, Muncie, IN 47304

    View details
    2800 9th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.99 Acres
    Value Estimation by Request

    2800 9th St, Muncie, IN 47302

    View details
    1110 Snowmass Ln, Unit 1116
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,444 SF Lot: 0.32 Acres
    Value Estimation by Request
    Unit 1116

    1110 Snowmass Ln, Muncie, IN 47304-5008

    View details
    1410 Bowman St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,430 SF Lot: 0.15 Acres
    Value Estimation by Request

    1410 Bowman St, Muncie, IN 47304-2792

    View details
    220 Walnut St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,424 SF Lot: 0.09 Acres
    Value Estimation by Request

    220 Walnut St, Muncie, IN 47305-1720

    View details
    1921 8th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,204 SF Lot: 0.23 Acres
    Value Estimation by Request

    1921 8th St, Muncie, IN 47302-2185

    View details
    2001 Enterprise Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,400 SF Lot: 0.47 Acres
    Value Estimation by Request

    2001 Enterprise Ave, Muncie, IN 47304-5800

    View details
    109 Council St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,858 SF Lot: 0.14 Acres
    Value Estimation by Request

    109 Council St, Muncie, IN 47305-1583

    View details
    6215 Taylor Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,984 SF Lot: 0.83 Acres
    Value Estimation by Request

    6215 Taylor Rd, Muncie, IN 47304-4771

    View details
    5500 Keller Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,254 SF Lot: 0.47 Acres
    Value Estimation by Request

    5500 Keller Rd, Muncie, IN 47304-8946

    View details

    Muncie, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Muncie, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 10,650 square feet of properties for sale, with an estimated market value of $874,499.

    Sale prices for multifamily properties in Muncie, IN start at $119,900, averaging $145,749, and reaching up to $219,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 3
    Triplexes 3
    Mobile home & RV parks 1
    Quadplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Muncie fall within the 100,000+ square foot range.

    Demographics Overview

    Population 88K
    Population Growth (5Y) -2.7%
    Median Household Income $52,923
    College Educated 37.1%

    High-Yield Neighborhoods for Investment

    Identify Muncie submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47302 $154.9K
    47303 $164.9K
    47305 $175.2K
    47304 $4.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $47.73 per sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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    • 47302
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    • 47303
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