beds

baths

1,754

square ft

1508 E Main Street

Muncie, Indiana 47305

Closed / MLS #202603255 / Multiple Unit (2-4) / Muncie

Listing information updated 5/1/2026 at 7:03pm

Great investment opportunity with two 2-bedroom units, both rehabbed within the past year. The upper unit was just completed and features all new appliances, including a stackable washer and dryer, and is fully furnished for short- or mid-term rental use. The lower unit offers a mudroom entry, spacious living room, and a large bedroom with double closets. Parking is available on the street or in the rear, and the detached garage is currently used by the main-floor tenant. Both units are currently occupied. The upstairs unit rents for $1,390 per month (utilities and internet included), while the downstairs rents for $800 per month with no utilities included. Seller is the listing agent and a licensed real estate broker in the State of Indiana.

Full Features

Exterior Type:

Vinyl

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Gas, Forced Air

Appliances:

Building, Land, Lease

Pool:

Age:

108 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Off Street

Parking Spaces:

Water Front:

Square Feet:

1,754

Lot Size:

0.14

Acreage:

0.14

Taxes & Assessments

Tax Amount:

$1,100

Tax Year:

2025

Location

Zip Code:

47305

City:

Muncie

County:

Delaware County

Schools

School District(s):

Muncie Community Schools

Elementary School:

East Washington Academy

Middle School:

Northside

High School:

Central

Exterior Type:

Vinyl

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Gas, Forced Air

Appliances:

Building, Land, Lease

Pool:

Age:

108 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Off Street

Parking Spaces:

Water Front:

Square Feet:

1,754

Lot Size:

0.14

Acreage:

0.14

Tax Amount:

$1,100

Tax Year:

2025

Zip Code:

47305

City:

Muncie

County:

Delaware County

School District(s):

Muncie Community Schools

Elementary School:

East Washington Academy

Middle School:

Northside

High School:

Central

Listing Agent: Ryan Kramer

Listing Office: RE/MAX Real Estate Groups

Contact Information - Cell: 765-717-2489

Disclaimer: IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.