Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with 2 office spaces on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. Note, the residential part of this building is 2,982 SF, and the commercial space is 1,659 SF). This is 64% residential and 36% commercial. The leased first floor requires 24 hrs notice to show.
Active
Price cut: $10.1K (5/27)
$599,900
114 S Walnut St #100 & 200, Muncie, IN 47305
2beds
4,641sqft
Est.:
Single Family Residence
Built in 1890
2,831.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Simplisafe security systemWet barDouble shower headsCustom built-insHigh-end appliancesSoaking tubCustom kitchen
- 108 days
- on Zillow |
- 446 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 03:37pm
Listed by:
Steve Slavin Cell:317-701-5006,
Coldwell Banker Real Estate Group
Source: IRMLS,MLS#: 202514498

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Kitchen
- Level: Upper
- Area: 209
- Dimensions: 19 x 11
Living room
- Level: Upper
- Area: 342
- Dimensions: 19 x 18
Office
- Level: Lower
- Area: 132
- Dimensions: 12 x 11
Heating
- Natural Gas, Forced Air, High Efficiency Furnace
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Disposal, Range/Oven Hk Up Gas/Elec, Dishwasher, Microwave, Refrigerator, Washer, Gas Cooktop, Dryer-Electric, Ice Maker, Exhaust Fan, Washer/Dryer Stacked, Convection Oven, Electric Oven, Range/Oven-Dual Fuel, Electric Water Heater, Water Softener Owned
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bookcases, Ceiling-9+, Ceiling Fan(s), Countertops-Solid Surf, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Double Vanity, Wet Bar, Wired for Data, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Custom Cabinetry
- Flooring: Tile, Vinyl
- Doors: Insulated Doors
- Windows: Double Pane Windows, Window Treatments
- Basement: Full,Unfinished,Concrete,Sump Pump
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,741
- Total interior livable area: 4,641 sqft
- Finished area above ground: 4,641
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: None
Lot
- Size: 2,831.4 Square Feet
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 181110363011.000003
- Zoning: BC
- Other equipment: Home Theater, Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Other
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Stone
- Roof: Rubber
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, Indiana American Water Co, Muncie Sanitary Dist.
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Appliances, Doors, Lighting, HVAC, Insulation, Roof, Thermostat, Windows
Community & HOA
Community
- Features: None, Sidewalks
- Security: Security System, Smoke Detector(s)
- Subdivision: None
Location
- Region: Muncie
Financial & listing details
- Annual tax amount: $2,738
- Date on market: 4/25/2025
- Listing terms: Cash,Conventional
- Loading
- Loading