Login

415 E Gilbert Street #8, Muncie, IN 47305

Muncie
Local realty services provided by:CENTURY 21 Scheetz
415 E Gilbert Street #8,Muncie, IN 47305
$449,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 4,292 sq. ft.
  • Multi-family
  • Active
Listed by: yita majerovic
Office: majer management
MLS#:202646174
Source:Indiana Regional MLS

Price summary

  • Price:$449,000
  • Price per sq. ft.:$104.61

About this home

Investors, take a look! This 8-unit multifamily property in Muncie offers an established income stream with all eight 1-bedroom units currently occupied, just approximately 6 minutes from Ball State University. The property generates $5,300+ per month in rental income, providing more than $63,600 in annual gross rent at the current rent roll. Most units feature new flooring, and electrical improvements have been completed in portions of the property, including new electrical panel boxes. At just $449,000, the property offers an attractive entry point for an investor seeking an occupied multifamily asset with multiple income-producing units and proximity to Ball State.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1880
  • Subdivision & Development:Waterbury Landings
  • Listing ID #:202646174
  • Added:2 day(s) ago
  • Updated:November 12, 2026 at 05:48 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Carpet
  • Basement Description:Full Basement
  • Living area:4,292 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1880
  • Building area:4,292 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Central
  • Middle school:Northside
  • Elementary school:Westview

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$449,000
  • Price per sq. ft.:$104.61
  • Tax amount:$1,231

Parking

  • Parking description:Street Parking
  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

New listings near 415 E Gilbert Street #8