Real Estate Investment Properties for Sale in Muncie, IN

Looking for investment property in Muncie, IN with high ROI ?

Explore a variety of short-term homes & houses in Muncie, IN. Invest wisely with VRBO & Muncie, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Muncie, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5110 N Shadow Oak Run Muncie, IN Conveniently located on Muncieâs northwest side, this beautifully updated home offers 4 ...	4 beds \| 3 baths \| 3,454 sq.ft.	$569,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.96% Airbnb Rental Income: $1824 Traditional Rental Income: $2692 Airbnb ROI: 0.4% Traditional ROI: 2.96%
1010 W 23rd Street Muncie, IN 3BR/1BA ranch on a spacious .94-acre lot! Step inside from the covered front porch to find...	3 beds \| 1 baths \| 1,420 sq.ft.	$159,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 7.43% Airbnb Rental Income: $1143 Traditional Rental Income: $1448 Airbnb ROI: 2.95% Traditional ROI: 7.43%
4300 W Coventry Drive Muncie, IN Check out this 3-bedroom, 2-bath, 1,752 sq. ft. home in Muncieâs desirable Robinhood Est...	3 beds \| 2 baths \| 1,752 sq.ft.	$229,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.94% Airbnb Rental Income: $1143 Traditional Rental Income: $1991 Airbnb ROI: 1.3% Traditional ROI: 6.94%
4508 S Eaton Avenue Muncie, IN Enjoy country living with room to breathe in this ranch-style home set on just under two a...	3 beds \| 2 baths \| 1,320 sq.ft.	$184,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 7.87% Airbnb Rental Income: $1143 Traditional Rental Income: $1782 Airbnb ROI: 2.08% Traditional ROI: 7.87%
205 N Shellbark Road Muncie, IN Check out this 3-bedroom, 1.5-bathroom home located in the convenient Northwest Muncie are...	3 beds \| 2 baths \| 1,120 sq.ft.	$159,900	Airbnb cash on cash: 1.91% Traditional cash on cash: 7.72% Airbnb Rental Income: $1143 Traditional Rental Income: $1650 Airbnb ROI: 1.91% Traditional ROI: 7.72%
4909 W Prairiewood Drive Muncie, IN Welcome to this beautifully updated 3-bedroom, 2-bathroom ranch home located in the highly...	3 beds \| 2 baths \| 1,910 sq.ft.	$289,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.98% Airbnb Rental Income: $1143 Traditional Rental Income: $2168 Airbnb ROI: 0.83% Traditional ROI: 5.98%
5513 W Sawgrass Way Muncie, IN Welcome to 5513 W. Sawgrass Way in Heron Pointe. Home's do not come up in this amazing nei...	4 beds \| 4 baths \| 3,084 sq.ft.	$544,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.02% Airbnb Rental Income: $1824 Traditional Rental Income: $2496 Airbnb ROI: 0.73% Traditional ROI: 3.02%
4708 E Heritage Circle Muncie, IN Enjoy low maintenance living in the desirable 55+ Village East Condominium Community, know...	2 beds \| 2 baths \| 1,188 sq.ft.	$155,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.83% Airbnb Rental Income: $1018 Traditional Rental Income: $1559 Airbnb ROI: 0.76% Traditional ROI: 6.83%
4501 N Wheeling Avenue #7A-307 Muncie, IN Wow! This is a very nice 2-bedroom, 2-bathroom condo featuring numerous updates. The home ...	2 beds \| 2 baths \| 1,350 sq.ft.	$164,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 6.3% Airbnb Rental Income: $1018 Traditional Rental Income: $1690 Airbnb ROI: -0.26% Traditional ROI: 6.3%
1401 N Elizabeth Avenue Muncie, IN This beautifully remodeled 1949 home has all the character youâd hope for, with a fresh ...	3 beds \| 2 baths \| 2,812 sq.ft.	$250,000	Airbnb cash on cash: 0% Traditional cash on cash: 7.35% Airbnb Rental Income: $1143 Traditional Rental Income: $2499 Airbnb ROI: 0% Traditional ROI: 7.35%
3505 W Pettigrew Drive Muncie, IN This fantastic two-story home offers 3,648 SF of living space, including a finished 930 SF...	3 beds \| 3 baths \| 3,648 sq.ft.	$325,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 5.85% Airbnb Rental Income: $1143 Traditional Rental Income: $2410 Airbnb ROI: 0.46% Traditional ROI: 5.85%
13900 N CR 100 W Muncie, IN Country Living, Fully Remodeled! :This beautifully updated home has been remodeled inside ...	4 beds \| 3 baths \| 2,349 sq.ft.	$385,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 5.34% Airbnb Rental Income: $1824 Traditional Rental Income: $2628 Airbnb ROI: 1.76% Traditional ROI: 5.34%
3507 N Glenwood Avenue Muncie, IN This beautifully maintained ranch-style home offers the perfect blend of comfort functiona...	3 beds \| 1 baths \| 1,060 sq.ft.	$165,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.48% Airbnb Rental Income: $1143 Traditional Rental Income: $1407 Airbnb ROI: 2.4% Traditional ROI: 6.48%
1212 N Wildwood Lane Muncie, IN Welcome to this inviting and well-cared-for brick ranch, perfectly nestled in a quiet, est...	4 beds \| 2 baths \| 1,882 sq.ft.	$185,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 9.82% Airbnb Rental Income: $1824 Traditional Rental Income: $2186 Airbnb ROI: 4.96% Traditional ROI: 9.82%
8302 W Ashford Lane Muncie, IN Discover your dream home in this stunning modern ranch, nestled in a highly sought-after n...	3 beds \| 2 baths \| 2,086 sq.ft.	$359,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.98% Airbnb Rental Income: $1143 Traditional Rental Income: $1656 Airbnb ROI: 0.34% Traditional ROI: 2.98%
2000 N Rosewood Avenue Muncie, IN Super cute 2-bedroom, 1-bath home located just a couple of blocks from Ball State Universi...	2 beds \| 1 baths \| 912 sq.ft.	$130,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 7.54% Airbnb Rental Income: $1018 Traditional Rental Income: $1270 Airbnb ROI: 2.66% Traditional ROI: 7.54%
4413 W Garver Drive Muncie, IN Enjoy this spacious home offering over 1,597 square feet of comfortable living space. This...	3 beds \| 2 baths \| 1,597 sq.ft.	$199,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 9.94% Airbnb Rental Income: $1143 Traditional Rental Income: $2254 Airbnb ROI: 2.05% Traditional ROI: 9.94%
4001 W Robinwood Drive Muncie, IN Immaculately maintained 4-bedroom, 2-bath home situated on just under an acreâan increas...	4 beds \| 2 baths \| 1,884 sq.ft.	$284,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 6.12% Airbnb Rental Income: $1824 Traditional Rental Income: $2226 Airbnb ROI: 2.79% Traditional ROI: 6.12%
200 E Prestige Drive Muncie, IN Welcome to this beautifully maintained 3 bedroom, 2 bathroom home designed with both comfo...	3 beds \| 2 baths \| 2,444 sq.ft.	$269,999	Airbnb cash on cash: 1.6% Traditional cash on cash: 8.18% Airbnb Rental Income: $1143 Traditional Rental Income: $2437 Airbnb ROI: 1.6% Traditional ROI: 8.18%
1914 E 24th Street Muncie, IN Welcome home to this updated 3-bedroom, 1-bath residence offering 1,024 sq. ft. of comfor...	3 beds \| 1 baths \| 1,024 sq.ft.	$114,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 8.33% Airbnb Rental Income: $1143 Traditional Rental Income: $1216 Airbnb ROI: 4.25% Traditional ROI: 8.33%
5501 W Wedgewood Lane Muncie, IN Welcome to this well-maintained 3-bedroom, 2-bathroom home offering approximately 1,400 sq...	3 beds \| 2 baths \| 1,400 sq.ft.	$244,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.8% Airbnb Rental Income: $1143 Traditional Rental Income: $1839 Airbnb ROI: 1.15% Traditional ROI: 5.8%
408 S Harvey Road Muncie, IN Well maintained all brick Ranch home offers 4 spacious bedrooms, 2 full baths and a 2 car ...	4 beds \| 2 baths \| 1,794 sq.ft.	$249,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 7.7% Airbnb Rental Income: $1824 Traditional Rental Income: $2330 Airbnb ROI: 3.45% Traditional ROI: 7.7%
610 S Council Street Muncie, IN Triplex Just a few blocks from Downtown Muncie and Ivy Tech! This home includes 1 - two be...	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.37% Airbnb Rental Income: $694 Traditional Rental Income: $859 Airbnb ROI: 1.49% Traditional ROI: 6.37%
822 N Wolfe Street Muncie, IN Spacious 3 or 4 bedroom home located on a large corner lot with a fenced in yard. Some rec...	4 beds \| 1 baths \| 1,604 sq.ft.	$119,000	Airbnb cash on cash: 9.01% Traditional cash on cash: 6.22% Airbnb Rental Income: $1824 Traditional Rental Income: $1010 Airbnb ROI: 9.01% Traditional ROI: 6.22%
5808 W Jackson Street Muncie, IN Move-in ready 3-bedroom, 2-bath home with a 4-car garage! Located in desirable Yorktown Sc...	3 beds \| 2 baths \| 2,108 sq.ft.	$229,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 7.18% Airbnb Rental Income: $1143 Traditional Rental Income: $2217 Airbnb ROI: 0.5% Traditional ROI: 7.18%
4701 W Clearlake Court Muncie, IN Donât miss this four-year-old Ideal Builders built home in the desirable Bonterra neighb...	3 beds \| 2 baths \| 1,758 sq.ft.	$349,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.86% Airbnb Rental Income: $1143 Traditional Rental Income: $1573 Airbnb ROI: 0.4% Traditional ROI: 2.86%
1527 S Ribble Avenue Muncie, IN Looking for a well maintained, stater home this is it. This home features 2 large bedrooms...	2 beds \| 1 baths \| 800 sq.ft.	$72,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 8.06% Airbnb Rental Income: $1018 Traditional Rental Income: $792 Airbnb ROI: 6.2% Traditional ROI: 8.06%
709 N Wheeling Avenue Muncie, IN Spacious 5-bedroom, 2-bath home offering excellent flexibility near Ball State University ...	5 beds \| 2 baths \| 2,522 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $1545 Airbnb ROI: N/A Traditional ROI: 4.94%
8204 N Tahoe Drive Muncie, IN Located in the highly sought-after Country Village Estates, this classic two-story home of...	4 beds \| 3 baths \| 2,640 sq.ft.	$320,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 7.65% Airbnb Rental Income: $1824 Traditional Rental Income: $2865 Airbnb ROI: 2.55% Traditional ROI: 7.65%
4109 W Horseshoe Drive Muncie, IN This 2-bed 2-bath home has been completely remodeled. It offers a completely finished base...	2 beds \| 2 baths \| 1,688 sq.ft.	$214,999	Airbnb cash on cash: 0.94% Traditional cash on cash: 7.88% Airbnb Rental Income: $1018 Traditional Rental Income: $2073 Airbnb ROI: 0.94% Traditional ROI: 7.88%
607 N Shellbark Road Muncie, IN This inviting single-family home is ready to welcome you with comfort and character. The f...	3 beds \| 2 baths \| 1,636 sq.ft.	$194,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.99% Airbnb Rental Income: $1143 Traditional Rental Income: $1326 Airbnb ROI: 1.95% Traditional ROI: 4.99%
4501 N Wheeling Avenue #3-106 Muncie, IN Rare find in Halteman Villas. 3 bedroom, 3 bath, office, family room, living room, formal ...	3 beds \| 3 baths \| 3,220 sq.ft.	$204,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 6.37% Airbnb Rental Income: $1143 Traditional Rental Income: $2320 Airbnb ROI: -1.67% Traditional ROI: 6.37%
8123 W Ashford Lane Muncie, IN Modern Comfort Meets Serene Waterfront Living. Escape to your own private oasis in the h...	2 beds \| 2 baths \| 1,757 sq.ft.	$299,999	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.16% Airbnb Rental Income: $1018 Traditional Rental Income: $1354 Airbnb ROI: 0.7% Traditional ROI: 3.16%
207 N Birchwood Drive Muncie, IN Welcome to brand new living in Muncie to be completed this October! Discover the pe...	3 beds \| 2 baths \| 1,400 sq.ft.	$198,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.38% Airbnb Rental Income: $1143 Traditional Rental Income: $1499 Airbnb ROI: 2.47% Traditional ROI: 6.38%
1305 N Greenbriar Road Muncie, IN Latest project by SPR this beautiful 3 bedroom/ 2 bath house with lots of curb appeal loca...	3 beds \| 2 baths \| 1,745 sq.ft.	$309,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.21% Airbnb Rental Income: $1143 Traditional Rental Income: $2056 Airbnb ROI: 0.76% Traditional ROI: 5.21%
1008 E Kirby Avenue Muncie, IN Looking for a triples for your portfolio? Look no further! Unit 1 is a 2bed/1bath, unit 2 ...	7 beds \| 3 baths \| 2,544 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.16% Airbnb Rental Income: $null Traditional Rental Income: $1518 Airbnb ROI: N/A Traditional ROI: 11.16%
1300 W University Avenue Muncie, IN Historic Colonial Revival mansions rarely come to market, and the Hazelwood Mansion stands...	5 beds \| 7 baths \| 14,872 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.57% Airbnb Rental Income: $null Traditional Rental Income: $7046 Airbnb ROI: N/A Traditional ROI: 6.57%
802 W 13th Street Muncie, IN Welcome to this charming 2-bedroom, 1-bath home offering 1,040 square feet of thoughtfully...	2 beds \| 1 baths \| 1,040 sq.ft.	$89,900	Airbnb cash on cash: 4.62% Traditional cash on cash: 10.55% Airbnb Rental Income: $1018 Traditional Rental Income: $1181 Airbnb ROI: 4.62% Traditional ROI: 10.55%
4208 W University Avenue Muncie, IN Spacious 3-bedroom, 2.5-bath ranch-style home in the desirable Oak Point subdivision! Boas...	3 beds \| 3 baths \| 2,151 sq.ft.	$269,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 7.48% Airbnb Rental Income: $1143 Traditional Rental Income: $2452 Airbnb ROI: 0.85% Traditional ROI: 7.48%
202-204 E Maple Street Muncie, IN *This property is part of a potential 11 property package. Please see the attached documen...	N/A beds \| N/A baths \| N/A	$88,900	Airbnb cash on cash: 6.17% Traditional cash on cash: 7.85% Airbnb Rental Income: $1143 Traditional Rental Income: $910 Airbnb ROI: 6.17% Traditional ROI: 7.85%

Real Estate investment in Muncie, IN

There are 162 properties for sale in the city of Muncie . The median list price in Muncie is $169,450 and the average price per square foot is $93. In April 2026, the average monthly cash on cash return in Muncie is 8.00%. The average monthly rental income in Muncie is $1,814.

Muncie, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 162 investment properties available for sale in Muncie.

In 2026, the best neighborhood to buy investment property is Anthony.

The ROI for Long-Term is higher than the Short-Term in Muncie with average rental income of $1,814.

Your search for investment property begins and ends here

Investment Property for Sale in Muncie, IN

5110 N Shadow Oak Run

Muncie, IN

4 beds | 3 baths | 3,454 sq.ft.

$569,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1824

Traditional Rental Income: $2692

Airbnb ROI: 0.4%

Traditional ROI: 2.96%

1010 W 23rd Street

Muncie, IN

3 beds | 1 baths | 1,420 sq.ft.

$159,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $1143

Traditional Rental Income: $1448

Airbnb ROI: 2.95%

Traditional ROI: 7.43%

4300 W Coventry Drive

Muncie, IN

3 beds | 2 baths | 1,752 sq.ft.

$229,900

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.94%

Airbnb Rental Income: $1143

Traditional Rental Income: $1991

Airbnb ROI: 1.3%

Traditional ROI: 6.94%

4508 S Eaton Avenue

Muncie, IN

3 beds | 2 baths | 1,320 sq.ft.

$184,900

Airbnb cash on cash: 2.08%

Traditional cash on cash: 7.87%

Airbnb Rental Income: $1143

Traditional Rental Income: $1782

Airbnb ROI: 2.08%

Traditional ROI: 7.87%

205 N Shellbark Road

Muncie, IN

3 beds | 2 baths | 1,120 sq.ft.

$159,900

Airbnb cash on cash: 1.91%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1143

Traditional Rental Income: $1650

Airbnb ROI: 1.91%

Traditional ROI: 7.72%

4909 W Prairiewood Drive

Muncie, IN

3 beds | 2 baths | 1,910 sq.ft.

$289,900

Airbnb cash on cash: 0.83%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $1143

Traditional Rental Income: $2168

Airbnb ROI: 0.83%

Traditional ROI: 5.98%

5513 W Sawgrass Way

Muncie, IN

4 beds | 4 baths | 3,084 sq.ft.

$544,900

Airbnb cash on cash: 0.73%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $1824

Traditional Rental Income: $2496

Airbnb ROI: 0.73%

Traditional ROI: 3.02%

4708 E Heritage Circle

Muncie, IN

2 beds | 2 baths | 1,188 sq.ft.

$155,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $1018

Traditional Rental Income: $1559

Airbnb ROI: 0.76%