IN > Muncie
Muncie, IN 47305,429 W Charles Street
Muncie, IN 47305,429 W Charles Street
Muncie, IN 47305,429 W Charles Street
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$209,900
Est. payment /mo
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12 Beds
5 Baths
2,092 SqFt
Active

429 W Charles Street Muncie, IN 47305

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2026
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Timothy Vicsik

Timothy Vicsik

+1(574) 329-9587

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fiveplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,092 sqft

MLS Listing ID 202547323

Style Two Story

Bedrooms 12

Full Baths 5

Abv Grd Liv Area 2,092

Total Fin. Sqft 2092

Year Built 1800

Annual Tax Amount $3,500

Tax Year 1575

Lot Size 3,049 Sqft

Property Sub-Type Fiveplex

Property Description

Discover an excellent investment opportunity in the Old West End of downtown Muncie with this fully configured fiveplex at 429 W Charles Street. This brick-constructed multi-family property features a total of 7 bedrooms and 5 full baths within approximately 2,092 square feet of living space Property Highlights: • Five units with flexible rental configurations (12 total bedrooms, 5 baths). • Built in 1800 — solid historic construction with durable materials. Brick exterior, two-story design with covered/enclosed porch area. • Off-street parking with up to 5 private spaces. Homes • Separate utilities (electric and gas) to each unit — currently owner covers utilities, presenting an opportunity to pass through costs to tenants. • Strong layout for long-term rental income or value-add repositioning. Unit Mix (Example/Rental Potential): • Unit 1: 2BR/1BA – $875/mo (occupied) • Unit 2: 1BR/1BA – vacant (last rented $750/mo) • Unit 3: 1BR/1BA – $800/mo (occupied) • Unit 4: 1BR/1BA – to be leased at ~$650/mo • Unit 5: 1BR/1BA (possible 2BR) – $740/mo (occupied) • Potential upside through utility billing restructuring and lease-up of Unit 4. Situated in a walkable downtown neighborhood near parks and local amenities, this property is ideal for investors targeting stable cash flow, tenant demand, and long-term value in a central Muncie location.

Location

State IN

County Delaware County

Area Delaware County

Direction GPS is best way to roll

Rooms

Family Room 750 x 800

Dining Room 0 x 875

Kitchen , 650 x 740

Interior

Flooring Vinyl

Appliance Building, Land

Laundry , 5

Exterior

Garage Spaces 1.0

Fence None

Amenities Available Basement, Ceiling Fan, Off Street Parking, Ceiling-9+, Countertops-Laminate, Porch Covered, Porch Enclosed, Water Heater Gas

Roof Type Rubber,Shingle

Total Parking Spaces 5

Building

Lot Description Level

Story 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Westview

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Others

Financing Cash

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547323

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Cody Wallace • Ferris Property Group

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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429 W Charles Street

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