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.
Active
$190,000
1320 E Main St, Muncie, IN 47305
8beds
3baths
--sqft
Est.:
Multi Family, Triplex
Built in 1965
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 14 hours
- on Zillow |
- 32 |
- 0 |
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#: 22055484

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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