$78,000

409 N Pershing Drive, Muncie, IN 47305

  • 4 beds |
  • 2 baths |
  • 2,137 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $36/sqft
  • Property List Date Icon Listed 4 days ago

Property 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.

Listing Status:
Active
Date Added:
March 31, 2026
Data Last Updated:
April 4, 2026 at 7:01PM
Listing Office:
RE/MAX Real Estate Groups : 765-288-0400
Listing Agent:
Ryan Kramer : 765-717-2489
MLS ID:
202610808
  • Basement: CrawlPartial Basement
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Family RmFireplaceFireplaces: 1
  • General: Aluminum
  • Style: One and Half Story
  • School District: Muncie Community Schools
  • Zoning: WM SHICK ADD 0.0000Acres STR: 102010 IN: 1 OUT:18-11-10-378-019.000-003
  • Water: City
  • Sewer: City

This listing courtesy of Ryan Kramer , RE/MAX Real Estate Groups

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Longfellow Elementary School

1900 E Centennial Ave, Muncie, IN, 47303

Grades PK-5

1.10 miles away

N

Northside Middle School

2400 W Bethel Ave, Muncie, IN, 47304

Grades 6-8

2.17 miles away

M

Muncie Central High School

801 N Walnut St, Muncie, IN, 47305

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

3111 S Pershing Drive, Muncie, IN 47302
Single-Family Home For Sale

$88,900

  • 3 bed |
  • 1 bath |
  • 1,896 sqft |
3111 S Pershing Drive Muncie, IN 47302

#202529439 - Starr Real Estate LLC