409 N Pershing Drive

Muncie, IN
$ 65,000 Beds 4 Baths 2 Sq 1,444 Virtual Tour
Monthly Estimate* How much can I afford?

Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking steady cash flow with the added potential to increase value over time, through gradual updates and renovations. Professionally managed and well-maintained, this has proven to be a successful investment opportunity. Whether youre expanding your portfolio or entering the investment market, this property offers both income and upside potential.

Single Family

  • Price
  • $ 65,000
  • City
  • Muncie
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • DELAWARE
  • Half Bathrooms
  • 0
  • Area
  • Delaware
  • Lot Size
  • 0.11 Acres
  • Zip
  • 47305
  • Sqr Footage
  • 1,444
  • Year Built
  • 1900
  • Taxes
  • $ 3786
  • Style
  • Site-Built Home
  • MLS#
  • 202610808
Listed By: Ryan Kramer with RE/MAX Real Estate Groups; Cell: 765-717-2489
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer City
Heating Gas,Forced Air
Kitchen Level Main
Cooling None
Laundry Y/N Main
Fireplaces Yes
Status Active
Full Baths 2
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Style One and Half Story
Township Delaware
Class RESIDENTIAL
Type Site-Built Home
Age 126
FIPS Code 18035
Associated Document Count 4
REO No
Status Active
Auction Y/N No
Annual Taxes 3786
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Assoc. Dues Frequency Not Applicable
Total Sq Ft 2137
Elementary School Longfellow
Middle School Northside
Legal Description WM SHICK ADD 0.0000Acres STR: 102010 IN: 1 OUT:
Agent First Name Ryan
Agent Last Name Kramer
DOM 176
Tax Year 2025

Interior Features

Basement Crawl,Partial Basement
Fireplace(s) 1
Other Room 1 Level Main
Kitchen Length 13
Kitchen Width 12
Beds 4
Total Rooms 7
Fireplace Family Rm
Living Room Width 13
Other Room 1 Description Back Unit Family Room
Living Room Length 14
Full Baths Main 2
Total Finished SqFt 1444
Basement Y/N Yes
Other Room 1 Length 11
Other Room 1 Width 9
Above Grade Bedrooms 4
1st Bedroom Level Main
1st Bedroom Width 15
2nd Bedroom Length 14
2nd Bedroom Level Main
2nd Bedroom Width 14
3rd Bedroom Length 11
3rd Bedroom Level Main
3rd Bedroom Width 11
4th Bedroom Length 10
4th Bedroom Level Upper
4th Bedroom Width 12
Above Grade Finished SqFt 1444
Below Grade Unfin. SqFt 693
Extra Room Description Back Unit Kitchen
Extra Room Length 7
Extra Room Level Main
Extra Room Width 9
Living/Great Rm Level Main

Exterior Features

Exterior Aluminum
Pool No
Lot Size Area 4792
Lot Dimensions 40 x 125
Lot Description Level
Approx. Lot Size Acres 0.11
Off Street Parking Y/N Yes
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Longfellow Elementary School
Middle School Northside Middle School
High School Central High School

Price History

3/31/2026 Listed $78,000
4/30/2026 4% - $75,000
6/24/2026 4% - $72,000
8/7/2026 5% - $69,000
8/28/2026 6% - $65,000

Property vs Zip Code Average in 47305

Price
AVG $160K
$70K
Taxes
AVG $1,757
$3,786
Year Built
AVG 1933
1900
Visits
AVG 69
197
Data Provided by Inside Real Estate®

Areas That We Cover

409 N Pershing Drive Muncie, IN is a Single Family Home for sale at $65000 with 1444 sqft and a lot size of 0.11 Acres Acre(s). 409 N Pershing Drive Muncie has 4 bedrooms, 2 baths and was built in 1900. The property's zip code is 47305 which is in Muncie, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.