6 Unit building grossing $3,490/month. Located near Ball State and Ball Memorial Hospital. The property features 3 units upstairs with a common area stairwell and 3 units on the main level, plenty of parking is available to the rear of the property.
Closed
$268,000
1501 W Main St, Muncie, IN 47303
8beds
3,331sqft
Multi Family
Built in 1896
-- sqft lot
$-- Zestimate®
$--/sqft
$1,314 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,314/mo
Zestimate® history
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List your homeWhat's special
Common area stairwell
Zillow last checked:
Listing updated:
Listed by:
Ryan Kramer Cell:765-717-2489,
RE/MAX Real Estate Groups
Bought with:
Joann Davis, RB14041531
F.C. Tucker Muncie, REALTORS
Source: IRMLS,MLS#: 202539731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Natural Gas, Baseboard, Forced Air
Cooling
- Window Unit(s)
Features
- Flooring: Laminate
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 4,118
- Total interior livable area: 3,331 sqft
- Finished area above ground: 3,331
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 sqft
- Dimensions: 53x140
- Features: Level
Details
- Additional structures: None
- Parcel number: 181109361007000003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1896
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Muncie
- Subdivision: Other
HOA & financial
Other financial information
- Total actual rent: 41880
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $268,000-7.6% |
Source:  IRMLS #202539731 Report a problem | ||
| 10/30/2025 | Pending sale | $289,900 |
Source: IRMLS #202539731 Report a problem | ||
| 10/1/2025 | Listed for sale | $289,900 |
Source: IRMLS #202539731 Report a problem | ||
| 5/10/2025 | Listing removed | $700 |
Source: Zillow Rentals Report a problem | ||
| 5/5/2025 | Listed for rent | $700 |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/30/2023 | Listed for rent | $700+16.7% |
Source: Zillow Rentals Report a problem | ||
| 5/27/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/20/2021 | Listed for rent | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 5/9/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/2/2021 | Listed for rent | $600-7.7% |
Source: Zillow Rental Manager Report a problem | ||
| 3/28/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/14/2021 | Listed for rent | $650+8.3% |
Source: Zillow Rental Manager Report a problem | ||
| 7/11/2020 | Listing removed | $600+41.2% |
Source: Zillow Rental Manager Report a problem | ||
| 7/2/2020 | Listed for rent | $425 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,304 -1.1% | $165,200 |
| 2023 | $3,340 +9.3% | $165,200 -1.1% |
| 2022 | $3,056 | $167,000 +9.3% |
| 2021 | $3,056 | $152,800 |
| 2020 | $3,056 +0.4% | $152,800 |
| 2019 | $3,044 -1.8% | $152,800 +0.4% |
| 2018 | $3,100 | $152,200 +1.7% |
| 2017 | $3,100 +4.7% | $149,600 |
| 2016 | $2,962 -2.4% | $149,600 +14.5% |
| 2014 | $3,034 +21.2% | $130,600 +5.7% |
| 2013 | $2,503 +3.5% | $123,600 +2.2% |
| 2012 | $2,418 -20.8% | $120,900 -20.6% |
| 2011 | $3,053 +0.2% | $152,300 |
| 2010 | $3,046 -6.8% | $152,300 -6.8% |
| 2009 | $3,268 | $163,400 +26.5% |
| 2005 | -- | $129,200 |
Find assessor info on the county website
Neighborhood: Riverside/Normal City
Nearby schools
GreatSchools rating
- 3/10Muncie Central High SchoolGrades: PK-12Distance: 1 mi
- 4/10West View Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Northside Middle SchoolGrades: 6-8Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Westview
- Middle: Northside
- 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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- Indiana
- Delaware County
- Muncie
- 47303
- Riverside/Normal City
- 1501 W Main St
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