1320 East Main Street

Muncie IN 47305

4792 sq. ft.

Duplex

Last sold for $170,000

Justin Lowe, last sold this property on 26 December 2025 after 140 days on market.

Overview

Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack" their way to financial freedom. Investment Highlights Three Streams of Income: With all three units fully leased to reliable tenants, you'll benefit from a powerful, diversified income stream from day one. Unlike single-family homes, a triplex significantly mitigates the financial impact of a single vacancy. Prime Muncie Location: Situated in a high-demand area near [mention a specific local landmark, e.g., Ball State University, downtown Muncie, IU Health Ball Memorial Hospital], this property consistently attracts a strong pool of tenants, including students, faculty, and young professionals. Its proximity to jobs, dining, and entertainment ensures low turnover and competitive rental rates. Strong Financial Performance: Muncie's real estate market is on the rise, with home values and rental rates seeing consistent growth. This triplex is a high-performing asset that offers both immediate, attractive cash flow and the potential for a substantial increase in value over time.

Features

4792 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Muncie over the last 12 months, the estimated median property value of 1320 East Main Street is $92k.

Median value

$92k

Estimated value range

$50k - $190k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Muncie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1320 East Main Street

2025

Sold

$170,000

26 Dec 2025 by Justin Lowe, of Ellsbury Commerical Group

Happy sellers in Muncie

We have insufficient information to provide an overview of customer satisfaction for Muncie. Viewing the agent profiles, reviews and sales for Muncie can provide insights for this location.