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!
Active
$120,000
1307 S Ebright St, Muncie, IN 47302
3beds
1,040sqft
Multi Family
Built in 1924
-- sqft lot
$116,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 17 days
- 117
- 13
Zillow last checked:
Listing updated:
Listed by:
Rebekah Hanna Cell:765-760-4556,
NextHome Elite Real Estate
Source: IRMLS,MLS#: 202632561
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet
- Basement: Full,Unfinished,Block
Interior area
- Total structure area: 2,080
- Total interior livable area: 1,040 sqft
- Finished area above ground: 1,040
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Off Street, On Street
Features
- Stories: 1
- Fencing: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 43x120
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 181115405018000003
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: AEP/I&M
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, Indiana American Water Co, Muncie Sanitary Dist.
Community & HOA
Community
- Features: None
- Subdivision: Galliher(s)
Location
- Region: Muncie
Financial & listing details
- Tax assessed value: $29,500
- Annual tax amount: $646
- Date on market: 8/11/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 20088
- Tenant pays: Electricity, Heating
Estimated market value
$116,700
$111,000 - $123,000
$1,008/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $120,000+60% |
Source:  IRMLS #202632561 Report a problem | ||
| 2/8/2025 | Listing removed | $899$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/15/2024 | Price change | $899-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Price change | $999-4.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/19/2024 | Listed for rent | $1,050-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/2/2023 | Sold | $75,000-8.5%$72/sqft |
Source:  MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 7/20/2023 | Pending sale | $82,000$79/sqft |
Source: MIBOR as distributed by MLS GRID #21919276 Report a problem | ||
| 7/12/2023 | Listed for sale | $82,000$79/sqft |
Source: MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 6/24/2023 | Pending sale | $82,000$79/sqft |
Source: MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 6/20/2023 | Price change | $82,000-10.9%$79/sqft |
Source: MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 5/10/2023 | Price change | $92,000-5.2%$88/sqft |
Source: MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 4/22/2023 | Listed for sale | $97,000+3133.3%$93/sqft |
Source: MIBOR as distributed by MLS GRID #21916970 Report a problem | ||
| 9/19/2006 | Sold | $3,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $414 -5% | $26,900 +30% |
| 2024 | $436 +19.8% | $20,700 +0.5% |
| 2023 | $364 +0.3% | $20,600 +19.8% |
| 2022 | $363 +14.9% | $17,200 -0.6% |
| 2021 | $316 +2.9% | $17,300 +14.6% |
| 2020 | $307 0% | $15,100 +2.7% |
| 2019 | $307 -32.2% | $14,700 |
| 2018 | $453 -16.3% | $14,700 -10.9% |
| 2017 | $541 +4.8% | $16,500 -20.3% |
| 2016 | $516 -12.2% | $20,700 -18.5% |
| 2014 | $588 +12.3% | $25,400 +1.2% |
| 2013 | $524 +5.1% | $25,100 +0.8% |
| 2012 | $498 -23.1% | $24,900 -23.1% |
| 2011 | $648 -10.7% | $32,400 -10.7% |
| 2010 | $726 +0% | $36,300 |
| 2009 | $726 | $36,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Industry
Nearby schools
Schools provided by the listing agent
- Elementary: Southview
- Middle: Southside
- High: Central
- District: Muncie Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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