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316 S Monroe Street

Muncie, IN 47305
  • $475,000
  • STATUS: Pending
  • ON SITE: 148 Days
  • MLS #: 22022464
Under Contract
$475,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1905
County:

School Ratings & Info

School District:

Description

Historic 12-unit gem in Downtown Muncie's Emily Kimbrough Historic District! Walk to shops/dining & a 10-minute bike ride to Ball State University. Situated in an Opportunity Zone-ideal for tax-advantaged investing. Six 1-bed/1-bath units feature a new roof, fresh paint, and repaired boiler. On-site laundry + parking included. A high-performing asset with modern updates and strong cash flow. Perfect for investors seeking a turnkey portfolio boost-act fast!

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© 2025 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-17T00:25:45.163. 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.
Click here for MLS GRID DMCA Notice
www.mikepricerealestate.com/homes/160636382
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316 S Monroe Street Muncie, IN 47305

  • Price: $475,000
  • Status: Pending
  • On Site: 148 Days
  • MLS #: 22022464
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1905
Built
Neighborhood:
1808 - Delaware - Center
County:
Delaware
Area:
1808 - Delaware - Center
School District:
Muncie Community
Property Description
Historic 12-unit gem in Downtown Muncie's Emily Kimbrough Historic District! Walk to shops/dining & a 10-minute bike ride to Ball State University. Situated in an Opportunity Zone-ideal for tax-advantaged investing. Six 1-bed/1-bath units feature a new roof, fresh paint, and repaired boiler. On-site laundry + parking included. A high-performing asset with modern updates and strong cash flow. Perfect for investors seeking a turnkey portfolio boost-act fast!
Exterior Features

Levels Three Or More Structure Type Apartment Building Waterfront YN No

Interior Features

Basement YN Yes Building Area Total 2436

Property Features

Acres <1/4 Acre Building Utilities Separate Gas MeterSewerWater Current Use Apt<20 Dpr YN No Green Certification YN No Laundry Common Laundry New Construction YN No Number Of Units Total 13 Owner Pays GasTaxesSewerWater Possession Closing Property Sub Type Multi-Family 5+ Semi Annual Property Tax Amt 3473 Space Available 2436 Tax Year 2023 Township Center Transaction Type Sale Utilities Cable ConnectedElectricity ConnectedSep Electric MeterSewer ConnectedWater Connected Zoning R5

Listing provided courtesy of eXp Realty, LLC: deonte.brown@exprealty.com. © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.

Based on information submitted to the MLS GRID as of 2025-07-17T00:25:45.163. 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.
Click here for MLS GRID DMCA Notice
 
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Mike Price Realty Team - RE/MAX Centerstone
3930 Clarks Creek Road
Plainfield IN, 46168