Listing courtesy of NextHome Elite Real Estate · Listing agent: Bronwyn Wuthrich · Cell: 765-730-4509

Virtual tour
ActiveSite-Built Home

1213 W Gilbert Street

$120,000

$129.73 / sq ft

Est. $901/mo

Muncie, IN 47303

  • Basement
Bedrooms
2
Bathrooms
1
Living area
925 sq ft
Lot
0.13 ac
Year built
1920
Type
Site-Built Home
Listed
September 4, 2026
MLS #
202636687

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.

Monthly payment estimate

$901/mo

Principal & interest
$657
Property taxes
$209
Homeowners insurance
$35
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
5
Total area
1,156 sq ft
Finished area above grade
925 sq ft
Unfinished area below grade
231 sq ft
Main level
925 sq ft
Below grade total
231 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Crawl Space, Partial, Unfinished
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Cooling
Window Unit(s)
Laundry
In Basement
Interior features
Countertops-Laminate, Natural Woodwork, Open Floorplan, Tub/Shower Combination

Exterior & parking

Construction
Vinyl Siding
Roof
Asphalt
Parking
Dirt Driveway, Gravel
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot, 0-2.9999
Lot size (acres)
0.13 ac
Lot dimensions
44x125
Location type
City/Town/Suburb,Near College Campus
County
Delaware County
Township
Center
Road frontage
City Street
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
GPS friendly. From Tillotson Avenue, turn east onto W. Gilbert Street. Property will be on the left.

Schools

Elementary school
Westview
Middle school
Northside
High school
Central
School district
Muncie Community Schools

HOA & community

Community amenities
Sidewalks
Association restrictions
No

Taxes & terms

Annual taxes
$2,504
Tax year
2026
Listing terms
Cash, Conventional
Possession
DOC
Parcel number
18-11-09-380-006.000-003

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Range-Electric,Water Heater Electric

Utilities

Water
Public
Sewer
Public Sewer

Location

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