2020 N Glenwood Avenue, Muncie, IN 47304

$136,000 Asking Price

4 beds
2 baths
1,260  sqft
Built in 1941

This 1,260-square-foot, four-bedroom home near Ball State University is an exceptional investment opportunity, currently generating $1,111 per month in rental income. The property features spacious bedrooms, a cozy living area, and a fully equipped kitchen, making it an ideal setup. Located just minutes from campus, local dining, and shopping, it’s perfectly situated to attract reliable renters. With a strong rental history and proximity to the university, this property offers both immediate cash flow and long-term appreciation potential for savvy investors. Property is being sold AS-IS.

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Carpet,Laminate,Vinyl
A/C:
Central Air
Heating:
Gas,Forced Air
Fireplace:
None

Exterior

General:
Vinyl

Construction

Roofing:
Asphalt
General:
One Story, Crawl

Location

Road/Access:
City
HOA Amenities:
0.0, Not Applicable
School District:
Muncie Community Schools

Lot

Driveway:
Gravel
Zoning:
R-4 Residence Zone, BELMONT LOT 75, 18-11-04-352-001.000-003
Fencing:
None

Utilities

Water:
City

This listing courtesy of:
NextHome Elite Real Estate, Tom Oliver

About Muncie, IN

Housing

Number of Units
41,085
Median Home Value
$98,670
Median Rent
$581

42.41% of housing units are renter occupied.

12.43% are vacant.

Commute

Car
76.47%
Public Transportation
1.60%
Walk to Work
5.54%
Work from Home
15.11%
Other
0.81%

The median travel time to work is 18 minutes.

People

Population
88,861
Median Age
37.90
Median Household Size
2.54

Education

High School
34.58%
Associate’s Degree
9.41%
Bachelor’s Degree
13.27%
Graduate Degree
11.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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