1112-1114 N Elm ST, Muncie, IN 47303
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1112-1114 N Elm ST, Muncie, IN 47303
1112-1114 N Elm ST, Muncie, IN 47303
1112-1114 N Elm ST, Muncie, IN 47303
1112-1114 N Elm ST, Muncie, IN 47303
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Nate Hicks

Nate Hicks

+1(260) 897-1776
Listed by Lisa Buckner • RE/MAX Real Estate Groups
$ 115,000
Est. payment /mo
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1112-1114 N Elm ST Muncie, IN 47303

4 Beds

3 Baths

1,868 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,868 sqft

MLS Listing ID IRM202635206

Style Other

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1893

Annual Tax Amount $1,000

Tax Year 2000

Lot Size 8,015 Sqft

Acres 0.184

Lot Dimensions 50x160

Property Sub-Type Triplex

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

Rooms

Basement Unfinished

Interior

Heating Gas

Inclusions Building

Fireplace N

Exterior

Parking Features Concrete, Gravel

Fence None

Amenities Available None

Waterfront Description None

View Y/N true

Total Parking Spaces 4

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools East Washington Academy

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Pets Allowed No

Tax ID 181110176010000003

Monthly Total Fees $3, 500

Acceptable Financing IRM202635206

Listing Terms IRM202635206

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635206

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Nate Hicks

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+1(260) 897-1776

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1112-1114 N Elm ST