# 704 N Alameda Drive, Muncie, IN 47303

> **TL;DR:** 5bd/3ba residential multi family, $219,900 ($92/sqft), built 1920, 2,396 sqft.
> A/C. Est. $1,176/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $219,900 |
| Price/sqft | $92 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Square Feet | 2,396 |
| Year Built | 1920 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,112 |
| Estimated Insurance | $64 |
| **Total** | **$1,176** |

## Nearby Schools

- **Elementary:** Northview
- **Middle:** Northside
- **High:** Central

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 0.14 acre lot
- 4 parking spaces

## Description

### Agent Description
Established rental income and a location near Ball State University make this property a compelling addition to an investment portfolio! Leased through July 15th, 2027, at $2,425 per month, the home provides $29,100 in scheduled annual gross rent. Five bedrooms, three full bathrooms, and approximately 2,396 finished square feet, including 1,000 finished square feet in the basement, provide a spacious layout. A tiled foyer welcomes you inside, while basement laundry and off-street parking add everyday convenience. Gas forced-air heat and central air round out the property's features, and the tenants are responsible for all utilities under the lease. Property is currently leased and tenant occupied. Interior photos were taken when the property was staged and do not reflect current tenant furnishings/occupancy. Furniture, decor and personal property shown in the photos are not included in the sale. Sale is subject to the existing lease and tenant rights.

## Location

- **Address:** 704 N Alameda Drive, Muncie, IN 47303
- **County:** Delaware County
- **Neighborhood:** Alameda Place
- **Coordinates:** 40.199845, -85.39245
- **Google Maps:** https://www.google.com/maps?q=40.199845,-85.39245

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=HfDVViH29r8

## Listing Agent

- **Name:** Austin Rich
- **Brokerage:** NextHome Elite Real Estate
- **Broker Phone:** (765) 749-4546

## Photos

![704 N Alameda Drive - Photo 1](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1541785368r.jpg)

![704 N Alameda Drive - Photo 2](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1712346742r.jpg)

![704 N Alameda Drive - Photo 3](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3674948613r.jpg)

![704 N Alameda Drive - Photo 4](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2743065125r.jpg)

![704 N Alameda Drive - Photo 5](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2854055911r.jpg)

![704 N Alameda Drive - Photo 6](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3119535898r.jpg)

![704 N Alameda Drive - Photo 7](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1676057963r.jpg)

![704 N Alameda Drive - Photo 8](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2553655561r.jpg)

![704 N Alameda Drive - Photo 9](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2509697317r.jpg)

![704 N Alameda Drive - Photo 10](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3548231888r.jpg)

![704 N Alameda Drive - Photo 11](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f866821506r.jpg)

![704 N Alameda Drive - Photo 12](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1527991080r.jpg)

![704 N Alameda Drive - Photo 13](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f883961059r.jpg)

![704 N Alameda Drive - Photo 14](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1659426556r.jpg)

![704 N Alameda Drive - Photo 15](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1569703159r.jpg)

![704 N Alameda Drive - Photo 16](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2203180933r.jpg)

![704 N Alameda Drive - Photo 17](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f626133910r.jpg)

![704 N Alameda Drive - Photo 18](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3839178577r.jpg)

![704 N Alameda Drive - Photo 19](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f417126359r.jpg)

![704 N Alameda Drive - Photo 20](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1408506141r.jpg)

![704 N Alameda Drive - Photo 21](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2253590499r.jpg)

![704 N Alameda Drive - Photo 22](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f4129026946r.jpg)

![704 N Alameda Drive - Photo 23](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1142908646r.jpg)

![704 N Alameda Drive - Photo 24](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1596151651r.jpg)

![704 N Alameda Drive - Photo 25](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2334547029r.jpg)

![704 N Alameda Drive - Photo 26](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3706549767r.jpg)

![704 N Alameda Drive - Photo 27](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f180482799r.jpg)

![704 N Alameda Drive - Photo 28](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3438413342r.jpg)

![704 N Alameda Drive - Photo 29](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1897253781r.jpg)

![704 N Alameda Drive - Photo 30](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3577758450r.jpg)

![704 N Alameda Drive - Photo 31](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2632042646r.jpg)

![704 N Alameda Drive - Photo 32](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1701099306r.jpg)

![704 N Alameda Drive - Photo 33](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3356462978r.jpg)

![704 N Alameda Drive - Photo 34](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3784352248r.jpg)

![704 N Alameda Drive - Photo 35](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2154669694r.jpg)

![704 N Alameda Drive - Photo 36](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1654194780r.jpg)

![704 N Alameda Drive - Photo 37](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2305726129r.jpg)

![704 N Alameda Drive - Photo 38](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f1529423159r.jpg)

![704 N Alameda Drive - Photo 39](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f2110531069r.jpg)

![704 N Alameda Drive - Photo 40](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3336688419r.jpg)

![704 N Alameda Drive - Photo 41](http://lh.rdcpix.com/053d28f0a031f96bfabcb6c01a121f92l-f3374728823r.jpg)

---

**MLS#:** 202643202 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/704-n-alameda-drive-muncie-in-47303-5696512b291c4e00b8f56d3b6e18c508)

---

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    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
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    }
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  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/704-n-alameda-drive-muncie-in-47303-5696512b291c4e00b8f56d3b6e18c508#agent",
    "name": "Austin Rich",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/704-n-alameda-drive-muncie-in-47303-5696512b291c4e00b8f56d3b6e18c508#brokerage",
      "name": "NextHome Elite Real Estate",
      "telephone": "(765) 749-4546"
    }
  }
}
```