408 S College Avenue, Muncie, IN 47303
Local realty services provided by:ERA First Advantage Realty, Inc.
408 S College Avenue,Muncie, IN 47303
$149,900
- 3 Beds
- 2 Baths
- 1,320 sq. ft.
- Single family
- Active
Listed by: bronwyn wuthrichCell: 765-730-4509
Office: nexthome elite real estate
MLS#:202636684
Source:Indiana Regional MLS
Price summary
- Price:$149,900
- Price per sq. ft.:$113.56
About this home
A great opportunity to add an income-producing property near Ball State University to your rental portfolio! This currently leased and locally managed 3-bedroom, 2-bathroom home offers 1,320 square feet with an open-concept layout and $1,635 in gross monthly rental income. The interior features grey vinyl flooring, an updated kitchen with white cabinetry, black granite countertops, stainless appliances, a breakfast bar and distinctive metal-style backsplash, plus two full bathrooms and main-level laundry. The living room features a white brick mantel, while three bedrooms and additional storage provide a functional layout throughout. Outside, the property includes a concrete driveway with partially covered parking and a small storage shed, front and rear patio areas, and additional gravel parking at the rear. Seller reports the roof is approximately 6 years old and the home was extensively remodeled in 2020, with the exception of the tile shower in the second bathroom. Seller is willing to offer 408 S. College Avenue and 1213 W. Gilbert Street together as a package for $240,000 in total. (Nearly a $20,000 savings versus the individual asking prices). Disclosure: Interior photos were taken when the property was staged and do not reflect current tenant furnishings or occupancy. Furniture, decor and personal property shown in photos are not included in the sale. Property is currently leased and tenant occupied....
Contact an agent
Home facts
- Year built:1907
- Subdivision & Development:Other
- Listing ID #:202636684
- Added:53 day(s) ago
- Updated:October 28, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Eat-In Kitchen, Microwave, On Main Level, Range-Electric, Refrigerator
- Basement Description:Crawl
- Living area:1,320 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1907
- Building area:1,320 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Irregular
- Architectural Style:One Story
- Construction Materials:Brick, Stone
- Exterior Features:Patio Covered, Patio Open
- Levels:1 Story
Schools
- High school:Central
- Middle school:Northside
- Elementary school:Westview
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$113.56
- Tax amount:$2,746
Features and amenities
- Laundry features:Main Floor Laundry
- Amenities:Countertops-Stone, Sidewalks
Parking
- Parking description:Concrete Driveway, Off Street Parking
New listings near 408 S College Avenue
- New
$99,900Active4 beds 2 baths2,240 sq. ft.619 W Ashland Avenue, Muncie, IN 47303
MLS# 202644358Listed by: NEXTHOME ELITE REAL ESTATE - New
$89,900Active3 beds 1 baths960 sq. ft.1612 W 9th Street, Muncie, IN 47302
MLS# 202644283Listed by: BURKE REALTY - New
$342,000Active4 beds 3 baths2,213 sq. ft.3104 Shasta Drive, Muncie, IN 47303
MLS# 22133425Listed by: JEFF BOONE REALTY, LLC - New
$298,900Active3 beds 2 baths1,784 sq. ft.6600 S Cowan Rd Bypass, Muncie, IN 47302
MLS# 202644256Listed by: RE/MAX REAL ESTATE GROUPS - New
$112,900Active3 beds 1 baths1,060 sq. ft.1211 W 10th Street, Muncie, IN 47302
MLS# 202644207Listed by: NEXTHOME ELITE REAL ESTATE - New
$80,000Active-- beds -- baths215 S Macedonia Avenue, Muncie, IN 47305
MLS# 22133395Listed by: EXP REALTY, LLC - New
$219,900Active3 beds 1 baths1,206 sq. ft.9408 W Jackson Street, Muncie, IN 47304
MLS# 202644179Listed by: HOME 2 HOME REALTY GROUP - New
$499,000Active3 beds 3 baths2,996 sq. ft.5504 N Lakeshore Drive, Muncie, IN 47304
MLS# 202644180Listed by: F.C. TUCKER MUNCIE, REALTORS - New
$184,900Active3 beds 2 baths1,312 sq. ft.4500 N New York Avenue, Muncie, IN 47304
MLS# 202644193Listed by: RE/MAX REAL ESTATE GROUPS
$219,900Pending3 beds 2 baths1,620 sq. ft.3621 W Peachtree Lane, Muncie, IN 47304
MLS# 202644127Listed by: NEXTHOME ELITE REAL ESTATE