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Investors, take a look! This 8-unit multifamily property in Muncie offers an established income stream with all eight 1-bedroom units currently occupied, just approximately 6 minutes from Ball State University. The property generates $5,300+ per month in rental income, providing more than $63,600 in annual gross rent at the current rent roll. Most units feature new flooring, and electrical improvements have been completed in portions of the property, including new electrical panel boxes. At just $449,000, the property offers an attractive entry point for an investor seeking an occupied multifamily asset with multiple income-producing units and proximity to Ball State.

Indiana Regional MLS, MLS#: 202646174
Listed By: Majer Management, Yita Majerovic

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Bedrooms

  • Total Bedrooms: 8

Bathrooms

  • Full bathrooms: 8

Association

  • Association Fee Frequency: Not Applicable

Basement

  • Full

Construction Materials

  • Vinyl Siding

Cooling

  • None

Flooring

  • Carpet

Heating

  • Forced Air

Levels

  • Two

Lot Features

  • Other

Other Structures

  • None

Parking Features

  • On Street

Pets Allowed

  • No

Sewer

  • Public Sewer

WaterSource

  • City
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Listed By:
Majer Management
Yita Majerovic

Data Source: Indiana Regional MLS

MLS#: 202646174

Data Source Copyright: © 2026 Indiana Regional MLS All rights reserved.

Provided by Indiana Regional MLS as distributed by MLS GRID | © 2026 All rights reserved. Some IDX listings have been excluded from this website. Based on information submitted to the MLS GRID as of 11/10/2026 06:51 AM CST. 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.

This property was listed on 11/9/2026 and last updated as of 11/10/2026 12:55:44 PM. OSI IDX updated the data from Indiana Regional MLS on 11/10/2026 at 6:51 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.