Skip To Content

3114 W Devon Road

Muncie, IN 47304
  • $630,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 202502900
UPDATED: 69 min ago
$630,000
  • 15
    BEDS
  • 0.17
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,982
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Ryan Kramer of RE/MAX Real Estate Groups: Cell: 765-717-2489.

Description

6 UNIT- FULLY OCCUPIED MUNCIE PORTFOLIO of single family homes with great rental history, location, and rentability. These 6 homes consist of 5 long term rentals and 1 mid-term furnished rental. Gross monthly rent is $6,250 with $4,650 on the long term rentals and $1600 a month on the furnished mid-term rental. Rents are below market rate and could be increased. 104 E Berkley: mid-term furnished rental $1600 a month, 2bdr 1ba, 1 car attached garage GFA/CA. 3114 W Devon: 3bdr, 1ba, attached carport, covered back porch GFA/CA. 3700 N Walnut: 3 bdr, 2 full baths, 2 car attached garage GFA/CA. 808 W Harvard: 2bdr, 1ba, large 1 car attached garage, GFA/CA. 106 E Harvard: 2bdr 1ba, large 1 car detached garage, C/A, baseboard heat. 312 E Berkley: 3bdr, 1ba, 2.5 car detached garage. All appliances owned by the seller. No contract sales. Tenants pay all utilities including water and sewer with exception of mid-term rental where seller pays all.

Monthly Payment Calculator



© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-08T22:27:59.337.

www.housesinfortwayne.com/homes/159889475
Print Image

3114 W Devon Road Muncie, IN 47304

  • Price: $630,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 69 min ago
  • MLS #: 202502900
15
Beds
7
Baths
0
½ Baths
0.17
Acres
5,982
SQFT
$105
$/SQFT
1951
Built
Neighborhood:
University Heights
County:
Delaware
Area:
Delaware
Elementary School:
Westview
Middle School:
Northside
High School:
Central
School District:
Muncie Community Schools
Property Description
6 UNIT- FULLY OCCUPIED MUNCIE PORTFOLIO of single family homes with great rental history, location, and rentability. These 6 homes consist of 5 long term rentals and 1 mid-term furnished rental. Gross monthly rent is $6,250 with $4,650 on the long term rentals and $1600 a month on the furnished mid-term rental. Rents are below market rate and could be increased. 104 E Berkley: mid-term furnished rental $1600 a month, 2bdr 1ba, 1 car attached garage GFA/CA. 3114 W Devon: 3bdr, 1ba, attached carport, covered back porch GFA/CA. 3700 N Walnut: 3 bdr, 2 full baths, 2 car attached garage GFA/CA. 808 W Harvard: 2bdr, 1ba, large 1 car attached garage, GFA/CA. 106 E Harvard: 2bdr 1ba, large 1 car detached garage, C/A, baseboard heat. 312 E Berkley: 3bdr, 1ba, 2.5 car detached garage. All appliances owned by the seller. No contract sales. Tenants pay all utilities including water and sewer with exception of mid-term rental where seller pays all.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 60x120 Outbuilding None Parking Spaces 12 Pool YN No Style One Story Unit1 Garage Type Attached Unit2 Garage Type Attached Unit3 Garage Type Attached Unit4 Garage Type Attached Unit5 Garage Type Detached Unit6 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 15 Above Grade Finished Sqft 5982 Above Grade Unfin Sq Ft 0 Amenities Other-See Remarks Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling None Dishwashers 2 Disposals 0 Dryers 6 Flooring Other Heating Fuel GasForced Air Microwaves 3 Ranges Ovens 6 Refrigerators 6 Rooms Below Grade 0 Total Baths 7 Total Below Grade Sqft 0 Total Sq Ft 5982 Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit1 Sq Ft 1284 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 768 Unit3 Bathrooms 2 Unit3 Bedrooms 3 Unit3 Sq Ft 1321 Unit4 Bedrooms 2 Unit4 Sq Ft 885 Unit5 Bedrooms 2 Unit5 Sq Ft 888 Unit6 Bathrooms 1 Unit6 Bedrooms 3 Unit6 Sq Ft 836 Wash Dry Hookups 6 Washers 6

Property Features

Annual Electric Expense 1000 Annual Fuel Expense 1200 Annual Gross Rent 75000 Annual Insurance Expense 4900 Annual Maint Expense 3600 Annual Misc 0 Annual Net Income 57050 Annual Property Tax 6250 Annual Trash Expense 0 Annual Water Sewer Exp 1000 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 6 Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 6250 Gross Monthly Rent 6250 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Other Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricFuelSewerTrash CollectionWater Three Bedrooms 3 Township Center Two Bedrooms 3 Unit1 Unit Rent 1100 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 1 Unit1- Garage Y / N Yes Unit2 Unit Rent 1600 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 1 Unit2- Garage Y / N Yes Unit3 Unit Rent 1175 Unit3- Currently Rntd Y / N Yes Unit3- Garage /#of Cars 2 Unit3- Garage Y / N Yes Unit4 Unit Rent 865 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 1 Unit4- Garage Y / N Yes Unit5 Unit Rent 750 Unit5- Currently Rntd Y / N Yes Unit5- Garage Y / N Yes Unit6 Unit Rent 760 Unit6- Currently Rntd Y / N Yes Unit6- Garage Y / N Yes Units Rented 6 Water Utility City Year Taxes Payable 2025

Listing provided by Ryan Kramer of RE/MAX Real Estate Groups: Cell: 765-717-2489.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-08T22:27:59.337.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202502900-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202502900-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202502900-2.jpg
Logo
Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Ryan Kramer of RE/MAX Real Estate Groups: Cell: 765-717-2489.