1320 E Main Street, Muncie, IN 47305
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1320 E Main Street,Muncie, IN 47305
$190,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:justin lowe
Office:ellsbury commerical group
MLS#:22055484
Source:IN_MIBOR
Price summary
- Price:$190,000
About this home
Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack" their way to financial freedom. Investment Highlights Three Streams of Income: With all three units fully leased to reliable tenants, you'll benefit from a powerful, diversified income stream from day one. Unlike single-family homes, a triplex significantly mitigates the financial impact of a single vacancy. Prime Muncie Location: Situated in a high-demand area near [mention a specific local landmark, e.g., Ball State University, downtown Muncie, IU Health Ball Memorial Hospital], this property consistently attracts a strong pool of tenants, including students, faculty, and young professionals. Its proximity to jobs, dining, and entertainment ensures low turnover and competitive rental rates. Strong Financial Performance: Muncie's real estate market is on the rise, with home values and rental rates seeing consistent growth. This triplex is a high-performing asset that offers both immediate, attractive cash flow and the potential for a substantial increase in value over time.
Contact an agent
Home facts
- Year built:1965
- Listing ID #:22055484
- Added:48 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1965
- Lot area:0.11 Acres
Finances and disclosures
- Price:$190,000
New listings near 1320 E Main Street
- New$274,900Active3 beds 2 baths1,740 sq. ft.
8904 W Lonebeech Drive, Muncie, IN 47304
MLS# 202538875Listed by: RE/MAX REAL ESTATE GROUPS - New$85,000Active3 beds 1 baths1,464 sq. ft.
2615 S Tacoma Avenue, Muncie, IN 47302
MLS# 22064860Listed by: AUSTYN AVENUE REAL ESTATE - New$244,900Active3 beds 2 baths1,470 sq. ft.
4405 W Sandpiper Drive, Muncie, IN 47304
MLS# 202538809Listed by: PPG REAL ESTATE LLC - New$69,900Active2 beds 1 baths881 sq. ft.
2812 S Jefferson Street, Muncie, IN 47302
MLS# 202538801Listed by: STARR REAL ESTATE LLC - New$69,900Active2 beds 1 baths588 sq. ft.
3318 E 14th Street, Muncie, IN 47302
MLS# 202538798Listed by: STARR REAL ESTATE LLC - New$69,900Active2 beds 1 baths588 sq. ft.
3318 E 14th Street, Muncie, IN 47302
MLS# 22064831Listed by: STARR REAL ESTATE LLC - New$72,500Active3 beds 2 baths1,467 sq. ft.
401 E 27th Street, Muncie, IN 47302
MLS# 202538698Listed by: RE/MAX RESULTS - New$479,900Active3 beds 3 baths2,985 sq. ft.
2309 W Hampshire Drive, Muncie, IN 47304
MLS# 202538682Listed by: RE/MAX REAL ESTATE GROUPS - New$169,900Active3 beds 3 baths2,672 sq. ft.
1901 W Riggin Road, Muncie, IN 47304
MLS# 202538637Listed by: NEXTHOME ELITE REAL ESTATE - New$289,000Active3 beds 3 baths2,484 sq. ft.
3313 N Vienna Woods Drive, Muncie, IN 47304
MLS# 202538608Listed by: RE/MAX REAL ESTATE GROUPS