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Courtesy of Coldwell Banker Real Estate Group, Steve Slavin, Cell: 317-701-5006
4 Beds
2 Baths
2,060 sqft

$200,000

712 W Ashland Avenue, Muncie IN, 47304

Price per sqft$97.09
Built in1903
Property size2,060 sqft
Property typeResidential

Overview

Active

Updated 11 days ago

Excellent investment opportunity near Ball State University with an established lease already in place! This charming two-story home offers 2,060 square feet of living space, four bedrooms, two full baths, and a detached one-car garage. The home’s character continues to the third floor, where a spiral staircase leads to a loft-style fourth bedroom—a unique and flexible space. The property is currently rented for $1,545 per month through July 2027, providing immediate rental income for the next owner. The tenants would like to remain beyond the current lease term, making this an especially appealing option for an investor seeking an occupied property without the immediate need to locate new tenants. Recent improvements include a remodeled bathroom, replacement of portions of the roof, and several newer windows. Conveniently located between Ball State University and Downtown Muncie, this property offers easy access to campus, dining, entertainment, and other nearby amenities.

$1,331/mo

Est. mortgage payment based on a $200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202639861

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$3,722
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Based on information submitted to the MLS GRID as of 9/28/2026. 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.

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Data last updated 9:38 PM UTC, 9/28/2026

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