- amilakis@gmail.com
- Direct (765) 418-4771
Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking steady cash flow with the added potential to increase value over time, through gradual updates and renovations. Professionally managed and well-maintained, this has proven to be a successful investment opportunity. Whether you’re expanding your portfolio or entering the investment market, this property offers both income and upside potential.
N Madison, right on E Washington, Left on N Pershing, property on the Left.
| MLS # | 202610808 |
|---|---|
| Date Listed | 2026-03-31 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Finished Square Feet | 1,444 sqft |
| Total Square Feet | 2,137 sqft |
| New Construction | No |
| Style | One and Half Story |
| Type | Site-Built Home |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Annual Taxes | $3,786.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1900 |
| Virtual Tour | zillow.com » |
| Days on Market | 186 |
| Homestead Year | No |
| Cooling | None |
|---|---|
| Heating | Gas, Forced Air |
| Main Level Laundry | Yes |
| Living Room | 14 × 13 | Main Level |
| Kitchen | 13 × 12 | Main Level |
| Master Bedroom | 11 × 15 | Main Level |
| 2nd Bedroom | 14 × 14 | Main Level |
| 3rd Bedroom | 11 × 11 | Main Level |
| 4th Bedroom | 10 × 12 | Upper Level |
| Extra Room | 7 × 9 | Main Level |
| Full Baths | 2 Main |
| Construction | Site-Built Home |
|---|---|
| Exterior | Aluminum |
| Lot Size | 4,792 sq ft |
| Acreage | 0.11 Acres |
| Lot Dimensions | 40 x 125 |
| Parking | Yes |
| Sewer | City |
| Water | City |
| Fence | None |
| Area | Delaware County |
|---|---|
| County | Delaware |
| Subdivision | None |
| Township | Delaware |
| City | Muncie |
| State | IN |
| Zip | 47305 |
| School District | Muncie Community Schools |
|---|---|
| Elementary | Longfellow |
| Middle School | Northside |
| High School | Central |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202610808
Listing Provided Courtesy of Ryan Kramer
RE/MAX Real Estate Groups
Cell: 765-717-2489
Listing updated September 25, 2026 at 12:15 pm
Last checked 7 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.