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For sale
  • $239,900

    306 E North St, Muncie, IN 47305

    4beds
    3baths
    2,163sqft
    : 
    $1,664/mo
    Get pre-qualified
    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
    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.
    24 days
    195
    12

    Zillow last checked:

    Listing updated:

    Listed by:

    Yita Majerovic,

    Majer Management LLC

    Source: RLMS,MLS#: 10054158MLS Logo

      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

        DateEventPrice
        8/11/2026Listed for sale$239,900+501.3%$111/sqft
        Source: RLMS #10054158 Report a problem
        11/27/2018Listing removed$39,900$18/sqft
        Source: Coldwell Banker Lunsford Real Estate #201850022 Report a problem
        11/9/2018Listed for sale$39,900$18/sqft
        Source: Coldwell Banker Lunsford #201850022 Report a problem
        2/4/2016Listing removed$450
        Source: Complete Property Care LLC Report a problem
        12/4/2015Price change$450-14.3%
        Source: Complete Property Care LLC Report a problem
        11/20/2015Listed for rent$525
        Source: Complete Property Care LLC Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gilbert

        Getting around

        66 / 100
        Somewhat Walkable
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating