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  • $190,000

    1320 E Main St, Muncie, IN 47305

    8beds
    3baths
    --sqft
    : 
    Multi Family, Triplex
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked: 7 hours ago

    Listing updated: 21 hours ago

    Listing Provided by:

    Justin Lowe 765-401-1122,

    Ellsbury Commerical Group,

    David Orton 317-412-1572,

    Ellsbury Commerical Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22055484MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1320 E Main St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Electric, Baseboard
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791.6 Square Feet
    Details
    • Parcel number: 181110490022000003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1965

    Community & HOA

    Community
    • Security: Smoke Alarm
    • Subdivision: No Subdivision
    Location
    • Region: Muncie

    Financial & listing details

    • Tax assessed value: $51,700
    • Annual tax amount: $1,142
    • Date on market: 8/7/2025
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