Multi Family homes for sale & real estate in 47302, IN

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ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Fully leased investment property! This property consists of two homes on one parcel. The main home is 1040 sf with 3 bedrooms, 1 bath, and an unfinished basement. The second home is approx 400 sf with 1 bedroom and 1 bath. The main home is rented for $999 and the lease is through 3/31/2027. The second home is rented for $675 and the lease is through 6/30/2027. Tenants pay all utilities. Electric and gas are paid directly by the tenants and property manager bills back the water and sewer to the tenants. This property makes great cash flow and is ready for you to add to your portfolio!

$120,000

3 beds1 bath1,040 sq ft

1307 S Ebright St, Muncie, IN 47302

5,227 sq ft lot • Parking • Built 1924

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Calling all investors and rehab enthusiasts! Here’s your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value. Whether

$42,500

3 beds2 baths1,876 sq ft

1205 S Jefferson St, Muncie, IN 47302

4,792 sq ft lot • Built 1898 • Listed 50 days

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
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 pa

$139,900

2 beds1 bath1,014 sq ft

313 W 5th St, Muncie, IN 47302

Pole barn • Income potential • Additional pole barn

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Sale includes the following properties; 617 W Memorial Dr (Unit #1) - 904 E 13th St. (Parcel # 181122201005000003 - Unit #2) - 2025 S Mulberry (Parcel # 181122105017000003 - Unit # 3). This package would be a great addition to your portfolio.

$199,900

9 beds4.5 baths1,134 sq ft

617 W Memorial Dr, Muncie, IN 47302

4,792 sq ft lot • 2 parking spots • Built 1918

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ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
An exceptional investment opportunity just 3 minutes from Ball State University! This spacious duplex offers a total of 11 bedrooms and 5 full bathrooms, making it an ideal addition to any investor's portfolio. One unit features 6 bedrooms and 3 full baths, while the second unit offers 5 bedrooms and 2 full baths! Perfectly suited for student housing or high-demand rental opportunities. Both units have been updated with durable luxury vinyl plank flooring throughout the main living areas and new carpet in all bedrooms, providing a fresh and low maintenance interior. A shared laundry area in the basement adds convenience for tenants, while the private off street parking pad offers dedicated

$275,000

4 beds5 baths3,806 sq ft

1925 W Jackson, Muncie, IN 47303

Updated flooring • Prime location • Duplex

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Don’t Let This Investment Opportunity Pass You By! Add this stabilized, income-producing triplex to your portfolio and enjoy solid cash flow with the potential for long-term appreciation. Ideally located just 6 minutes from Ball State University, 2 minutes from the YMCA, and 3 minutes from Riverbend Park, this property offers a desirable location that appeals to both students and families. The property has recently received a substantial exterior refresh, including brick pointing, window wrapping, new soffits, fresh exterior paint, updated lighting, and new mailboxes. These improvements not only enhance the property’s curb appeal but also help position it for years of low-mainte

$239,900

4 beds3 baths2,163 sq ft

306 E North St, Muncie, IN 47305

Window wrapping • Brick pointing • New soffits

FLOOR PLAN

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
3 Bedroom Investment Property close to BSU Campus. Currently rented at $725.00 per month on a month-to-month lease.

$104,900

3 beds1 bath1,030 sq ft

1602 W Adams St, Muncie, IN 47303

4,792 sq ft lot • 2 parking spots • Built 1905

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Long term tenant in this investment property. Currently leased for $925.00 a month on a month to month basis. Property is close to IU Hospital and BSU.

$114,900

3 beds1 bath1,191 sq ft

512 S Talley Ave, Muncie, IN 47303

6,970 sq ft lot • Built 1919 • Listed 31 days

FLOOR PLAN

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Long term tenant in this investment property. Current lease is through February 28, 2027 at a rate of $927.00 per month. This house features 4 bedrooms, 1 bath room, Living Room, Kitchen and Dining area. New Refrigerator and Range. This house has a long driveway and huge front yard. Currently rented to a family.

$114,900

4 beds1 bath1,193 sq ft

1623 W Janney Ave, Muncie, IN 47304

Huge front yard • New range • New refrigerator

ABOUT THIS HOME
Multi Family Home for sale in 47302, IN:
Excellent investment opportunity or ideal house hack! This duplex features two spacious units, each offering 2 bedrooms and 1.5 bathrooms. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income or an investor ready to lease immediately. Enjoy a peaceful setting with no immediate neighboring homes, providing added privacy, while being conveniently located near Gilbert Historic Park with easy access to green space and local amenities. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers versatility, privacy, and strong income potential.

$150,000

2 beds3 baths2,468 sq ft

212 N Elm St, Muncie, IN 47305

Two spacious units • Added privacy • Peaceful setting

Property at 216 S Dill St, Muncie, IN 47303, 3 beds, 2 baths

$139,900

3 beds2 baths1,440 sq ft

216 S Dill St, Muncie, IN 47303

Property at 1600 W Adams St, Muncie, IN 47303, 2 beds, 1 bath

$109,900

2 beds1 bath936 sq ft

1600 W Adams St, Muncie, IN 47303

Property at 708 W Jackson St, Muncie, IN 47305, 3 beds, 3 baths

$110,000

3 beds3 baths2,700 sq ft

708 W Jackson St, Muncie, IN 47305

Property at 3114 W Devon Rd, Muncie, IN 47304, 10 beds, 4 baths

$415,000

10 beds4 baths5,982 sq ft

3114 W Devon Rd, Muncie, IN 47304

Multi Family Homes for Sale in 47302

There are currently 4 multi family homes for sale in 47302 at a median listing price of $170K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47302 stay on the market for 98 days. This map is refreshed with the newest listings in 47302 every 15 minutes.

In the past month, 28 homes have been sold in 47302. In addition to houses in 47302, there was also 1 condo, 0 townhouses, and 7 multi-family units for sale in 47302 last month. Find your dream home in 47302 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 47302 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47302. If you're looking to sell your home in the 47302 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47302 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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