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-maintenance ownership. Most of the interior has also been recently painted, giving the property a clean, refreshed feel for current and future tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor searching for a turnkey, income-producing property, this triplex offers the combination of location, stability, recent improvements, and cash flow that investors look for. Come take advantage of this opportunity to own a well-maintained, stress-free investment in a convenient Muncie location! Contact us today for your showing at yita@majermgmt.com.
For sale
$239,900
306 E North St, Muncie, IN 47305
4beds
3baths
2,163sqft
Triplex, Multi Family
Built in ----
-- sqft lot
$234,100 Zestimate®
$111/sqft
$-- HOA
What's special
Brick pointingNew mailboxesWindow wrappingNew soffitsUpdated lightingFresh exterior paintClean refreshed feel
- 24 days
- 195
- 12
Zillow last checked:
Listing updated:
Listed by:
Yita Majerovic,
Majer Management LLC
Source: RLMS,MLS#: 10054158
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Basement
Heating
- Unit 1 Heat Type(Furnace, Gas), Unit 2 Heat Type(Furnace, Gas), Unit 3 Heat Type(Furnace, Gas)
Appliances
- Included: Unit 1 Appliances(Range-Gas, Refrigerator), Unit 2 Appliances(Range-Gas, Refrigerator), Unit 3 Appliances(Range-Gas, Refrigerator), Gas Water Heater, Water Heater
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,163
- Total interior livable area: 2,163 sqft
Property
Parking
- Parking features: No Garage
- Has uncovered spaces: Yes
- Details: Driveway(N/A)
Features
- Levels: Two
- Patio & porch: None
Lot
- Size: 3,875 Square Feet
- Dimensions: 3,875
Details
- Parcel number: 1110313014000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick, Stick
- Foundation: Basement
- Roof: Asphalt,Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Muncie
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $109,500
- Annual tax amount: $2,298
- Date on market: 8/11/2026
- Total actual rent: 2275
Estimated market value
$234,100
$222,000 - $246,000
$1,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $239,900+501.3%$111/sqft |
Source: | ||
| 11/27/2018 | Listing removed | $39,900$18/sqft |
Source: Coldwell Banker Lunsford Real Estate #201850022 Report a problem | ||
| 11/9/2018 | Listed for sale | $39,900$18/sqft |
Source: Coldwell Banker Lunsford #201850022 Report a problem | ||
| 2/4/2016 | Listing removed | $450 |
Source: Complete Property Care LLC Report a problem | ||
| 12/4/2015 | Price change | $450-14.3% |
Source: Complete Property Care LLC Report a problem | ||
| 11/20/2015 | Listed for rent | $525 |
Source: Complete Property Care LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,820 +20.1% | $109,500 +20.3% |
| 2024 | $1,516 +12.8% | $91,000 +20.1% |
| 2023 | $1,344 -9.6% | $75,800 +12.8% |
| 2022 | $1,486 +20% | $67,200 -9.6% |
| 2021 | $1,238 +1.6% | $74,300 +20% |
| 2020 | $1,218 +5.9% | $61,900 +1.6% |
| 2019 | $1,150 -5.6% | $60,900 +5.9% |
| 2018 | $1,218 +4.1% | $57,500 +3.6% |
| 2017 | $1,170 +11.2% | $55,500 +4.5% |
| 2016 | $1,052 -6.4% | $53,100 +6.8% |
| 2014 | $1,124 +11.8% | $49,700 +1% |
| 2013 | $1,006 +4.5% | $49,200 +2.3% |
| 2012 | $962 +71.2% | $48,100 +71.2% |
| 2011 | $562 +0% | $28,100 |
| 2010 | $562 +5.2% | $28,100 +5.2% |
| 2009 | $534 | $26,700 |
Find assessor info on the county website
Monthly payment
Est. payment






