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Courtesy of RE/MAX Real Estate Groups, Lisa Buckner, 765-215-9665
4 Beds
3 Baths
1,868 sqft

$125,000

1112-1114 N Elm Street, Muncie IN, 47303

Price per sqft$66.92
Built in1893
Property size1,868 sqft
Property typeMulti-family

Overview

Active

Updated 12 days ago

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.

$832/mo

Est. mortgage payment based on a $125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202635206

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$1,000
Tax Frequency
Annually
Maintenance Expense
$3,500
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Deb Paton-Showley Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 9/28/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 12:33 AM UTC, 9/28/2026

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