Price Reduction - Primary on Main
Address
409 N Pershing Drive, Muncie, IN
Price
$ 65,000
Property Attributes
  • MLS#202610808
  • TypeSingle Family
  • Listing Status Active
  • CountyDELAWARE
  • CityMuncie
  • AreaDelaware
  • Zip47305
  • StyleSite-Built Home
  • Year Built1900
  • Taxes$ 3786
  • Price$ 65,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1444
  • Lot Size0.11 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Great investment opportunity with this fully occupied multi-unit rental, featuring both front and back units. The front unit offers three bedrooms, while the rear unit includes one bedroom, providing flexible rental options. Both tenants are currently in place and have expressed interest in staying, allowing for immediate rental income from day one. This property is ideal for investors seeking steady cash flow with the added potential to increase value over time, through gradual updates and renovations. Professionally managed and well-maintained, this has proven to be a successful investment opportunity. Whether youre expanding your portfolio or entering the investment market, this property offers both income and upside potential.

Elementary School Middle School High School
Longfellow Elementary School Northside Middle School Central High School
Price History
3/31/2026 Listed $78,000
4/30/2026 4$75,000
6/24/2026 4$72,000
8/7/2026 5$69,000
8/28/2026 6$65,000

General Features

Sewer City
Heating Gas,Forced Air
Kitchen Level Main
Cooling None
Laundry Y/N Main
Fireplaces Yes
Status Active
Full Baths 2
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Style One and Half Story
Township Delaware
Class RESIDENTIAL
Type Site-Built Home
Age 126
FIPS Code 18035
Associated Document Count 4
REO No
Status Active
Auction Y/N No
Annual Taxes 3786
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Assoc. Dues Frequency Not Applicable
Total Sq Ft 2137
Elementary School Longfellow
Middle School Northside
Legal Description WM SHICK ADD 0.0000Acres STR: 102010 IN: 1 OUT:
Virtual Tour https://www.zillow.com/view-imx/154dfbd1-086a-4046-bfba-248206d2b558?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Agent First Name Ryan
Agent Last Name Kramer
DOM 162
Tax Year 2025

Interior Features

Basement Crawl,Partial Basement
Fireplace(s) 1
Other Room 1 Level Main
Kitchen Length 13
Kitchen Width 12
Beds 4
Total Rooms 7
Fireplace Family Rm
Living Room Width 13
Other Room 1 Description Back Unit Family Room
Living Room Length 14
Full Baths Main 2
Total Finished SqFt 1444
Basement Y/N Yes
Other Room 1 Length 11
Other Room 1 Width 9
Above Grade Bedrooms 4
1st Bedroom Level Main
1st Bedroom Width 15
2nd Bedroom Length 14
2nd Bedroom Level Main
2nd Bedroom Width 14
3rd Bedroom Length 11
3rd Bedroom Level Main
3rd Bedroom Width 11
4th Bedroom Length 10
4th Bedroom Level Upper
4th Bedroom Width 12
Above Grade Finished SqFt 1444
Below Grade Unfin. SqFt 693
Extra Room Description Back Unit Kitchen
Extra Room Length 7
Extra Room Level Main
Extra Room Width 9
Living/Great Rm Level Main

Exterior Features

Exterior Aluminum
Pool No
Lot Size Area 4792
Lot Dimensions 40 x 125
Lot Description Level
Approx. Lot Size Acres 0.11
Off Street Parking Y/N Yes
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on September 11, 2026 12:38 PM UTC

Property vs Single Family Average in 47305

Price
AVG $190K
$70K
Taxes
AVG $1,828
$3,786
Year Built
AVG 1940
1900
Visits
AVG 78
192
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover