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About This Home
This 2-bedroom, 1-bathroom residential multi family at 313 W 5th Street in Muncie, IN is listed for $170,000 ($168 per sqft). the home offers 1,014 sqft of living space on a 0.78 acres lot.
Opportunity to own a working piece of Muncie history: machine shop, rental home, pole barn, fenced, and income potential all in one property. Operating since the early 1900s, this property was home to Kemp Machine Shop and later BK Machine Shop, serving generations of local industry.
The machine shop remains operational today, offering an opportunity for an owner-user, investor, or entrepreneur seeking established industrial space with a proven legacy. The property includes the commercial building, an additional pole barn for storage or expansion, and a separate 2-bedroom, 1-bath rental home with an unfinished attic, providing additional income potential.
The fenced property offers ample parking and outdoor space. Conveniently located near downtown Muncie, this unique property presents an exceptional live-work opportunity, allowing owners to operate a business while generating rental income from the residential dwelling. Whether you're looking to continue its industrial heritage or reimagine the space for a new venture, the possibilities are endless.
Key Features
- 0.78 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$909/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
313 W 5th Street
Muncie, IN 47302
None
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom residential multi family at 313 W 5th Street is listed at $170,000 ($168/sqft). The estimated monthly payment is $737 based on 20% down at 6.5% interest.
Key features include: 0.78 acre lot, 2 stories. Exterior Features: Fenced Yard, Off Street Parking, None.
This property is listed by Lisa Buckner and can be reached at 7652159665 or lisa@thebucknerpropertygroup.com.
