1213 W Gilbert Street

Muncie, IN

$120,000

1213 W Gilbert Street, Muncie, IN 47303

Muncie, IN 47303 · Other

MLS# IRM202636687

Listed 1 day ago

2 Beds
1 Baths
925 Sq. Ft.

About this home

You don't want to miss this investment opportunity near Ball State University! This currently leased and locally managed 2-bedroom, 1-bathroom home offers 925 square feet and $1,170 in gross monthly rental income. Original hardwood flooring and exposed brickwork bring plenty of character throughout, while the kitchen features white cabinetry, black laminate countertops, tile backsplash and stainless steel appliances. The full bathroom has an original claw-foot tub, and the unfinished basement provides laundry and additional storage space. The exterior includes a covered front porch and rear deck, providing additional space to enjoy outdoors. Seller is willing to offer 1213 W. Gilbert Street and 408 S. College Avenue together as a package for $260,000 in total. ($20,000 savings versus the individual asking prices). Disclosure: Interior photos were taken when the property was not occupied, and do not reflect current tenant furnishings or occupancy. Property is currently leased and tenant occupied.

Property Details

Type
Residential
Year Built
1920
Lot Size
0.13 acres
Listed
1 day ago
County
Delaware County
Listing Office
NextHome Elite Real Estate

Mortgage Calculator

Estimate principal and interest for this listing.

$
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$24,000

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Estimated monthly payment

$607/mo

Principal & interest
$607
Loan amount
$96,000

Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.

Listed by NextHome Elite Real Estate. Contact Cell: 765-730-4509.

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 23, 2026 at 3:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information submitted to the MLS GRID as of September 23, 2026 at 3:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.