429 W Charles Street, Muncie, IN 47305
Local realty services provided by:ERA First Advantage Realty, Inc.
429 W Charles Street,Muncie, IN 47305
$180,900
- 12 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: cody wallace
Office: ferris property group
MLS#:202547323
Source:Indiana Regional MLS
Sorry, we are unable to map this address
Price summary
- Price:$180,900
About this home
Discover an excellent investment opportunity in the Old West End of downtown Muncie with this fully configured fiveplex at 429 W Charles Street. This brick-constructed multi-family property features a total of 7 bedrooms and 5 full baths within approximately 2,092 square feet of living space Property Highlights: • Five units with flexible rental configurations (12 total bedrooms, 5 baths). • Built in 1800 — solid historic construction with durable materials. Brick exterior, two-story design with covered/enclosed porch area. • Off-street parking with up to 5 private spaces. Homes • Separate utilities (electric and gas) to each unit — currently owner covers utilities, presenting an opportunity to pass through costs to tenants. • Strong layout for long-term rental income or value-add repositioning. Unit Mix (Example/Rental Potential): • Unit 1: 2BR/1BA – $875/mo (occupied) • Unit 2: 1BR/1BA – vacant (last rented $750/mo) • Unit 3: 1BR/1BA – $800/mo (occupied) • Unit 4: 1BR/1BA – to be leased at ~$650/mo • Unit 5: 1BR/1BA (possible 2BR) – $740/mo (occupied) • Potential upside through utility billing restructuring and lease-up of Unit 4. Situated in a walkable downtown neighborhood near parks and local amenities, this property is ideal for investors targeting stable cash flow, tenant demand, and long-term value in a central Muncie location....
Contact an agent
Home facts
- Year built:1800
- Listing ID #:202547323
- Added:123 day(s) ago
- Updated:March 29, 2026 at 06:20 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Vinyl
- Basement Description:Crawl, Unfinished
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1800
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Brick
- Exterior Features:Porch Covered, Porch Enclosed
- Levels:2 Stories
Schools
- High school:Central
- Middle school:Northside
- Elementary school:Westview
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$180,900
- Tax amount:$3,500
Features and amenities
- Amenities:Ceiling Fan, Ceiling-9+, Countertops-Laminate, Water Heater Gas
Parking
- Parking description:Private Parking
- Garage spaces:1
New listings near 429 W Charles Street
- New
$49,900Active3 beds 2 baths2,240 sq. ft.1311 E Hines Street, Muncie, IN 47303
MLS# 202610525Listed by: STARR REAL ESTATE LLC - New
$79,900Active2 beds 1 baths672 sq. ft.311 N Biltmore Avenue, Muncie, IN 47303
MLS# 202610528Listed by: STARR REAL ESTATE LLC - New
$79,900Active3 beds 1 baths960 sq. ft.1805 E Carver Drive, Muncie, IN 47303
MLS# 202610530Listed by: STARR REAL ESTATE LLC - New
$89,900Active5 beds 2 baths2,140 sq. ft.1505 S Vine Street, Muncie, IN 47302
MLS# 202610531Listed by: STARR REAL ESTATE LLC - New
$69,900Active2 beds 1 baths1,048 sq. ft.1700 S Walnut Street, Muncie, IN 47302
MLS# 22092004Listed by: STARR REAL ESTATE LLC - New
$79,900Active3 beds 2 baths1,344 sq. ft.1416 E Kirk Street, Muncie, IN 47303
MLS# 22092014Listed by: STARR REAL ESTATE LLC - New
$79,900Active2 beds 1 baths792 sq. ft.1504 W 13th Street, Muncie, IN 47302
MLS# 22092028Listed by: STARR REAL ESTATE LLC - New
$399,900Active4 beds 3 baths2,317 sq. ft.3004 W Aruba Way, Muncie, IN 47302
MLS# 22092015Listed by: RE/MAX AT THE CROSSING - New
$265,000Active3 beds 2 baths1,981 sq. ft.4905 Everett Road, Muncie, IN 47304
MLS# 202610473Listed by: RE/MAX REAL ESTATE GROUPS - New
$92,000Active3 beds 2 baths916 sq. ft.2411 S Ebright Street, Muncie, IN 47302
MLS# 202610412Listed by: PPG REAL ESTATE LLC