1112-1114 N Elm Street, Muncie, IN 47303
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1112-1114 N Elm Street, Muncie, IN 47303
1112-1114 N Elm Street, Muncie, IN 47303
1112-1114 N Elm Street, Muncie, IN 47303
1112-1114 N Elm Street, Muncie, IN 47303
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Listed by Lisa Buckner • RE/MAX Real Estate Groups
$ 135,000
Est. payment /mo
New

1112-1114 N Elm Street Muncie, IN 47303

3 Beds

3 Baths

1,868 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,868 sqft

MLS Listing ID 202635153

Style Two Story

Bedrooms 3

Full Baths 3

Abv Grd Liv Area 1,868

Total Fin. Sqft 1868

Year Built 1893

Annual Tax Amount $2,000

Tax Year 2026

Lot Size 8,015 Sqft

Property Sub-Type Site-Built Home

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.

Location

State IN

County Delaware County

Area Delaware County

Direction GPS friendly

Rooms

Basement Unfinished

Kitchen Main, 12 x 13

Interior

Heating Gas

Cooling Window

Flooring Carpet, Vinyl

Fireplaces Type None

Appliance Cooktop-Gas, Oven-Gas

Exterior

Fence None

Amenities Available Cable Ready, Patio Covered

Roof Type Asphalt,Shingle

Building

Lot Description Level

Story 2

Foundation Unfinished

Sewer Public

Water Public

Architectural Style Other

Structure Type Vinyl

New Construction No

Schools

Elementary Schools East Washington Academy

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635153


Indiana Regional MLS (IRMLS)
Nicole Harrison

Nicole Harrison

Agent

+1(708) 269-4420

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1112-1114 N Elm Street