Listing courtesy of RE/MAX Real Estate Groups · Listing agent: Ryan Kramer · Cell: 765-717-2489
3114 W Devon Road
Muncie, IN 47304University Heights
Original price $426,600 · Price reduced on October 5, 2026
- Bedrooms
- 10
- Bathrooms
- 4
- Living area
- 5,982 sq ft
- Lot
- 0.17 ac
- Year built
- 1951
- Type
- Other
- Listed
- July 10, 2026
- MLS #
- 202627583
About this home
Turnkey 4-Property Muncie Portfolio – Strong Cash Flow + MTR Upside If you’re looking to hit the ground running with an already-performing rental portfolio, this one’s worth a serious look. We’re offering a package of four single-family homes in Muncie, Indiana — all currently tenanted, professionally managed, and generating $44,880 in gross annual rent. Across the four properties you get 9 bedrooms and 4 bathrooms, spread across some of Muncie’s more reliable rental corridors. The playbook is already mapped out — you’d just be executing it. Third-party property management is already in place, so there’s no operational scramble on day one. The four properties: 3114 W Devon Rd, Muncie, IN 47304 / 312 E Berkley Ave, Muncie, IN 47303 / 106 E Harvard Ave, Muncie, IN 47303 / 808 W Harvard Ave, Muncie, IN 47304
Monthly payment estimate
$2,703/mo
- Principal & interest
- $2,189
- Property taxes
- $397
- Homeowners insurance
- $117
- 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.
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Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 5,982 sq ft
- Finished area above grade
- 5,982 sq ft
- Bedrooms above grade
- 10
- Basement
- Crawl Space
- Heating
- Natural Gas, Forced Air
Exterior & parking
- Construction
- Vinyl Siding
- Roof
- Shingle
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- University Heights
- Lot features
- Level
- Lot size (acres)
- 0.17 ac
- Lot dimensions
- 60x120
- County
- Delaware County
- Township
- Center
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS friendly
Schools
- Elementary school
- Westview
- Middle school
- Northside
- High school
- Central
- School district
- Muncie Community Schools
Taxes & terms
- Annual taxes
- $4,760
- Tax year
- 2026
- Listing terms
- Cash, Conventional
- Possession
- negotiable
- Parcel number
- 18-11-08-156-012.000-003
Included in the sale
- Included in sale
- Building,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 6
- Buildings
- 6
- Annual gross rent
- $41,880
- Net operating income
- $37,120
- Lease term
- 12 Months
- Parking spaces
- 12
- Pets allowed
- Yes
- Tenant pays
- Electricity, Fuel, Sewer, Trash Collection, Water
Units
| Unit | Count | Beds | Baths | Rent | Garage |
|---|---|---|---|---|---|
| — | — | 3 | 1 | $1,350 | 1 |
| — | — | 3 | 1 | $775 | 1 |
| — | — | 2 | 1 | $750 | 1 |
| — | — | 2 | — | $865 | 1 |
| — | — | — | — | — | 1 |