805-811 W North ST, Muncie, IN 47303
805-811 W North ST, Muncie, IN 47303
805-811 W North ST, Muncie, IN 47303
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Listed by Ryan Orr • RE/MAX Real Estate Groups • Cell: 765-744-9500
$179,900
Est. payment /mo
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6 Beds
4 Baths
2,518 SqFt
New

805-811 W North ST Muncie, IN 47303

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Brooke Metz

Brooke Metz

+1(219) 351-0104

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,518 sqft

Subdivision River Side / Riverside

MLS Listing ID IRM202645493

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1906

Annual Tax Amount $2,410

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53x125

Property Sub-Type Fourplex

Property Description

Exceptional multifamily investment opportunity situated at 805–811 W North St in Muncie, conveniently located just minutes from the Ball State University campus. This well-configured four-unit residential property features two main-level 2-bedroom, 1-bathroom units and two upper-level 1-bedroom, 1-bathroom units. Each residence is equipped with efficient all-electric heating for streamlined utility management, with updated carpeting installed throughout within the last five years. Unit 809 is currently occupied on a flexible month-to-month lease at $475 per month, offering immediate operational stability while preserving substantial revenue upside. With projected market rental rates estimated at $800 per month for the 2-bedroom units and $650 per month for the 1-bedroom units, this asset boasts a target gross monthly income potential of $2,900 ($34,800 annually). A standout addition to any portfolio, combining high-demand location convenience with clear value-add potential.

Location

State IN

County Delaware County

Rooms

Basement Crawl Space

Interior

Heating Electric, Ceiling

Inclusions Building, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 4

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Westview

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Pets Allowed No

Tax ID 18-11-09-452-006.000-003

Monthly Total Fees $1, 765

Acceptable Financing IRM202645493

Listing Terms IRM202645493

Special Listing Condition None

Pets Allowed No

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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Brooke Metz

Brooke Metz

Broker License ID: RB14052503

+1(219) 351-0104

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805-811 W North ST