805-811 W North Street, Muncie, IN 47303
Local realty services provided by:CENTURY 21 Circle
805-811 W North Street,Muncie, IN 47303
$179,900
- 6 Beds
- 4 Baths
- 2,518 sq. ft.
- Multi-family
- Active
Listed by: ryan orrCell: 765-744-9500
Office: re/max real estate groups
MLS#:202645493
Source:Indiana Regional MLS
Price summary
- Price:$179,900
- Price per sq. ft.:$71.45
About this home
Exceptional multifamily investment opportunity situated at 805–811 W North St in Muncie, conveniently located just minutes from the Ball State University campus. This well-configured four-unit residential property features two main-level 2-bedroom, 1-bathroom units and two upper-level 1-bedroom, 1-bathroom units. Each residence is equipped with efficient all-electric heating for streamlined utility management, with updated carpeting installed throughout within the last five years. Unit 809 is currently occupied on a flexible month-to-month lease at $475 per month, offering immediate operational stability while preserving substantial revenue upside. With projected market rental rates estimated at $800 per month for the 2-bedroom units and $650 per month for the 1-bedroom units, this asset boasts a target gross monthly income potential of $2,900 ($34,800 annually). A standout addition to any portfolio, combining high-demand location convenience with clear value-add potential.
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Home facts
- Year built:1906
- Subdivision & Development:River Side / Riverside
- Listing ID #:202645493
- Added:2 day(s) ago
- Updated:November 07, 2026 at 04:40 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Mixed
- Basement Description:Crawl
- Living area:2,518 sq. ft.
Heating and cooling
- Cooling:Window
- Heating:Ceiling, Electricity
Structure and exterior
- Year built:1906
- Building area:2,518 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Aluminum
- Levels:2 Stories
Schools
- High school:Central
- Middle school:Northside
- Elementary school:Westview
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$179,900
- Price per sq. ft.:$71.45
- Tax amount:$1,957
Parking
- Garage spaces:1
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