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316 S Monroe ST Muncie, IN 47305
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Key Details
Sold Price $420,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $172
MLS Listing ID 22022464
Sold Date 05/26/25
Year Built 1905
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Multi-Family 5+
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!
Location
State IN
County Delaware
Zoning R5
Interior
Fireplace N
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sep Electric Meter, Sewer Connected, Water Connected
Building
Story Three Or More
New Construction false
Schools
School District Muncie Community Schools
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