Turnkey 4-Property Muncie Portfolio – Strong Cash Flow + MTR Upside If you’re looking to hit the ground running with an already-performing rental portfolio, this one’s worth a serious look. We’re offering a package of four single-family homes in Muncie, Indiana — all currently tenanted, professionally managed, and generating $44,880 in gross annual rent. Across the four properties you get 9 bedrooms and 4 bathrooms, spread across some of Muncie’s more reliable rental corridors. The playbook is already mapped out — you’d just be executing it. Third-party property management is already in place, so there’s no operational scramble on day one. The four properties: 3114 W Devon Rd, Muncie, IN 47304 / 312 E Berkley Ave, Muncie, IN 47303 / 106 E Harvard Ave, Muncie, IN 47303 / 808 W Harvard Ave, Muncie, IN 47304
Active
Price cut: $11.6K (8/19)
$415,000
3114 W Devon Rd, Muncie, IN 47304
10beds
5,982sqft
Multi Family
Built in 1951
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 56 days
- 279
- 14
Zillow last checked:
Listing updated:
Listed by:
Ryan Kramer Cell:765-717-2489,
RE/MAX Real Estate Groups
Source: IRMLS,MLS#: 202627583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Flooring: Other
- Basement: Crawl Space
Interior area
- Total structure area: 5,982
- Total interior livable area: 5,982 sqft
- Finished area above ground: 5,982
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Attached, Detached
- Attached garage spaces: 4
- Covered spaces: 5
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 Square Feet
- Dimensions: 60x120
- Features: Level
Details
- Additional structures: None
- Parcel number: 181108156012.000003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: University Heights
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $93,100
- Annual tax amount: $4,760
- Date on market: 7/10/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Lease
- Lease term: 12 Months
- Total actual rent: 41880
- Tenant pays: Electricity, Fuel, Sewer, Trash Collection, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $415,000-2.7% |
Source:  IRMLS #202627583 Report a problem | ||
| 8/18/2026 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2026 | Listed for sale | $426,600-32.3% |
Source: IRMLS #202627583 Report a problem | ||
| 7/9/2026 | Listed for rent | $1,350+22.7% |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Listing removed | $630,000 |
Source: IRMLS #202516002 Report a problem | ||
| 5/5/2025 | Listed for sale | $630,000 |
Source: IRMLS #202516002 Report a problem | ||
| 3/6/2025 | Listing removed | $630,000 |
Source: IRMLS #202502900 Report a problem | ||
| 1/30/2025 | Listed for sale | $630,000+1331.8% |
Source: IRMLS #202502900 Report a problem | ||
| 2/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/10/2023 | Listed for rent | $1,100+46.7% |
Source: Zillow Rentals Report a problem | ||
| 4/23/2020 | Listing removed | $750 |
Source: Blue Sky Property Management, LLC Report a problem | ||
| 4/21/2020 | Listed for rent | $750 |
Source: Blue Sky Property Management, LLC Report a problem | ||
| 8/8/2019 | Sold | $44,000-36.2%$7/sqft |
Source: Agent Provided Report a problem | ||
| 7/1/2019 | Listing removed | $750 |
Source: Complete Property Care LLC Report a problem | ||
| 5/1/2019 | Listed for rent | $750-6.3% |
Source: Complete Property Care LLC Report a problem | ||
| 4/30/2019 | Listing removed | $68,999$12/sqft |
Source: CPC Real Estate, LLC #201834697 Report a problem | ||
| 8/29/2018 | Price change | $68,999-0.7%$12/sqft |
Source: CPC Real Estate, LLC #201834697 Report a problem | ||
| 8/3/2018 | Listed for sale | $69,500$12/sqft |
Source: CPC Real Estate, LLC #201834697 Report a problem | ||
| 8/3/2018 | Listing removed | $800 |
Source: Complete Property Care LLC Report a problem | ||
| 7/18/2018 | Listed for rent | $800+14.3% |
Source: Complete Property Care LLC Report a problem | ||
| 11/7/2017 | Listing removed | $700 |
Source: Complete Property Care LLC Report a problem | ||
| 7/24/2017 | Listed for rent | $700+3.7% |
Source: Complete Property Care LLC Report a problem | ||
| 8/16/2016 | Listing removed | $675+8% |
Source: Complete Property Care LLC Report a problem | ||
| 4/8/2014 | Listing removed | $625 |
Source: Complete Property Care LLC Report a problem | ||
| 2/22/2014 | Price change | $625-3.8% |
Source: Complete Property Care LLC Report a problem | ||
| 1/29/2014 | Listed for rent | $650 |
Source: Complete Property Care LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,930 +7.7% | $93,100 -3.5% |
| 2024 | $1,792 +21.7% | $96,500 +7.7% |
| 2023 | $1,472 +13.2% | $89,600 +21.7% |
| 2022 | $1,300 +15.5% | $73,600 +13.2% |
| 2021 | $1,126 -3.9% | $65,000 +15.5% |
| 2020 | $1,172 -0.2% | $56,300 -3.9% |
| 2019 | $1,174 -10.5% | $58,600 -0.2% |
| 2018 | $1,312 +4.6% | $58,700 -2.5% |
| 2017 | $1,254 +12% | $60,200 +5.1% |
| 2016 | $1,120 -6% | $57,300 +5.5% |
| 2014 | $1,192 +3.7% | $54,300 -3.7% |
| 2013 | $1,150 +7.6% | $56,400 +5.6% |
| 2012 | $1,068 -15.5% | $53,400 -15.5% |
| 2011 | $1,264 -2.5% | $63,200 -2.5% |
| 2010 | $1,296 +3.3% | $64,800 +3.3% |
| 2009 | $1,254 | $62,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: University Heights
Nearby schools
Schools provided by the listing agent
- Elementary: Westview
- Middle: Northside
- High: Central
- District: Muncie Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
