Active

1112-1114 N Elm Street

Other • 133Y Old
$125,000 Listed 1 month ago
3 Bedrooms 2 on Main Level
3 Bathrooms
1868 sqft
0.18 Acres
Basement
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Property Description

Income-producing triplex currently generating $2,135 per month in gross rental income! This property offers three separate units consisting of two 1-bedroom units and one 2-bedroom unit, providing an established multi-unit investment opportunity. The property features separate living spaces with kitchens and baths for each unit, along with a mix of updated flooring, cabinetry and finishes throughout. Exterior vinyl siding and a covered front porch add to the property, while the layout provides three distinct rental units under one roof. With $25,620 in current annual gross rental income, this triplex offers an opportunity to add an income-producing property to your portfolio without starting from scratch. Whether you're looking to expand an existing rental portfolio or purchase your first multi-unit investment, the numbers make this one worth a look. Current rents total $2,135/month. Buyer to verify rents, expenses, leases, utilities and all other investment information.

Directions

GPS friendly

Amenities

Cable Ready, Patio Covered

Sale Includes

Cooktop-Gas, Oven-Gas

Property
MLS # 202635153
Date Listed 2026-08-27
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 1,868 sqft
Total Square Feet 2,802 sqft
New Construction No
Style Two Story
Type Site-Built Home
Basement Yes
Bedrooms 3
Bathrooms 3
Annual Taxes $2,000.00
Year Taxes Payable 2026
Year Built 1893
Virtual Tour propertypanorama.com »
Days on Market 37
Homestead Year No
Additional
Design Other
Cooling Window
Heating Gas
Room Dimensions
Living Room 15 × 16 Main Level
Kitchen 12 × 13 Main Level
Master Bedroom 10 × 13 Main Level
2nd Bedroom 11 × 13 Main Level
3rd Bedroom 10 × 13 Upper Level
Bathroom Locations
Full Baths 2 Main, 1 Upper
External Features
Construction Site-Built Home
Exterior Vinyl
Lot Size 8,000 sq ft
Acreage 0.18 Acres
Lot Dimensions 50x160
Parking Yes
Sewer Public
Water Public
Fence None
Location
Area Delaware County
County Delaware
Subdivision None
Township Center
City Muncie
State IN
Zip 47303
Schools
School District Muncie Community Schools
Elementary East Washington Academy
Middle School Northside
High School Central
Financial
Assoc. Dues $0.00 Not Applicable
Assoc. Restrictions No
Contact

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MLS# 202635153
Listing Provided Courtesy of Lisa Buckner
RE/MAX Real Estate Groups

Listing updated September 9, 2026 at 9:00 am
Last checked 13 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.