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About This Home

This 4-bedroom, 2-bathroom single family at 409 N Pershing Drive in Muncie, IN is listed for $78,000 ($54 per sqft). Built in 1900, the home offers 1,444 sqft of living space on a 0.11 acres lot.

Agent Description

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 you’re expanding your portfolio or entering the investment market, this property offers both income and upside potential.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • 1.5 stories
  • Fireplace

Property Details

2 stories
2 full
1900

Amenities

Fireplace

Monthly Cost Estimate

$417/mo

20% down · 6.5% · 30 years

Principal$56
Interest$338
Insurance$23

Estimates only. Actual payments may vary.

Location

409 N Pershing Drive

Muncie, IN 47305

None

Features & Amenities

Exterior Features

None

Property Details

Heating

Fireplace(s)Forced AirNatural Gas

Questions & Answers

This 4-bedroom, 2-bathroom single family at 409 N Pershing Drive is listed at $78,000 ($54/sqft). The estimated monthly payment is $338 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.11 acre lot, 1.5 stories, Fireplace. Exterior Features: None.

This property is listed by Ryan Kramer and can be reached at 7657172489 or ryan@kramerrealestategroup.com.

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RK

Ryan Kramer

Agent at RE/MAX Real Estate Groups

(765) 717-2489

Listed by RE/MAX Real Estate Groups · View on Broker Site

MLS# 202610808· Source: listhub· Updated 10 days ago

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

409 N Pershing Drive, Muncie, IN 47305

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