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712 W Ashland Avenue, 
Muncie, IN 47304

$200,000


4

Beds


2

Baths


2,060

Sq Ft


Single Family

Active

Last updated:

October 1, 2026, 04:41 PM

MLS#

202639861

Source:

Indiana Regional MLS

Company Logo

About This Home

712 W Ashland Avenue

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.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1903

Subdivision & Development:

Alameda Place

Price Summary

200,000

$97 per Sq. Ft.

MLS #:

202639861

Last Updated:

October 1, 2026, 04:41 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,060 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional, Two Story

Building Area:

2,060 Sq. Ft.

Year Built:

1903


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$200,000

Price per Sq. Ft:

$97 per Sq. Ft.

712 W Ashland Avenue
Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.