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 office space 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. The leased first floor requires 24 hrs notice to show.
Active
Price cut: $10.1K (5/27)
$599,900
114 S Walnut St, Muncie, IN 47305
2beds
6,741sqft
Est.:
Residential, Single Family Residence
Built in 1890
2,613.6 Square Feet Lot
$546,800 Zestimate®
$89/sqft
$-- HOA
What's special
Simplisafe security systemDouble shower headsBusiest most popular streetCustom built-insHigh-end appliancesSoaking tubCustom kitchen
- 113 days
- on Zillow |
- 378 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 04:08pm
Listing Provided by:
Steve Slavin 317-701-5006,
Coldwell Banker Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22035667

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
- Main level bathrooms: 1
Primary bedroom
- Features: Other
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 16x15
Bedroom 2
- Features: Other
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Kitchen
- Features: Other
- Level: Upper
- Area: 209 Square Feet
- Dimensions: 19x11
Laundry
- Features: Other
- Level: Upper
- Area: 56 Square Feet
- Dimensions: 8x7
Living room
- Features: Other
- Level: Upper
- Area: 342 Square Feet
- Dimensions: 19x18
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Convection Oven, Refrigerator, Ice Maker, Washer
- Laundry: Laundry Room
Features
- Double Vanity, Breakfast Bar, Built-in Features, Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s)
- Basement: Full,Unfinished
Interior area
- Total structure area: 6,741
- Total interior livable area: 6,741 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Alley Access, Assigned, Concrete
Features
- Levels: Three Or More
- Patio & porch: Deck
- Exterior features: Balcony, Smart Lock(s)
- Has view: Yes
- View description: City
Lot
- Size: 2,613.6 Square Feet
Details
- Parcel number: 181110363011000003
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Other
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1890
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Muncie
Financial & listing details
- Price per square foot: $89/sqft
- Annual tax amount: $2,738
- Date on market: 4/29/2025
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