About This Home

This 4-bedroom, 2-bathroom single family at 409 N Pershing Drive in Muncie, IN is listed for $60,000 ($42 per sqft). Built in 1900, the home offers 1,444 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1900
  • 0.11 acre lot
  • Fireplace

Property Details

1 story
2 full
1900

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

409 N Pershing Drive

Muncie, IN 47305

Questions & Answers

This 4-bedroom, 2-bathroom single family at 409 N Pershing Drive is listed at $60,000 ($42/sqft). The estimated monthly payment is $321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.11 acre lot, Fireplace.

This property is listed by Ryan Kramer.

RK

Ryan Kramer

Agent at RE/MAX Real Estate Groups

Listed by RE/MAX Real Estate Groups · Broker phone: (765) 288-0400 · Broker website

MLS# 202610808· Source: Mid-Eastern Indiana Association of Realtor MLS· 212 days on PropertySimple

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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