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
300 S Shady Lane Muncie, IN Located in the popular Carlton Addition on Muncie's desirable Northside, this charming hom...	4 beds \| 3 baths \| 2,540 sq.ft.	$270,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 9.13% Airbnb Rental Income: $1780 Traditional Rental Income: $2876 Airbnb ROI: 2.92% Traditional ROI: 9.13%
2911 W Applewood Court Muncie, IN Welcome home to this beautifully updated 2-bedroom, 2-bath condo in the desirable Applewoo...	2 beds \| 2 baths \| 1,146 sq.ft.	$199,500	Airbnb cash on cash: 1.82% Traditional cash on cash: 5.05% Airbnb Rental Income: $1326 Traditional Rental Income: $1528 Airbnb ROI: 1.82% Traditional ROI: 5.05%
2605 N Wickersham Drive Muncie, IN Experience over 3,800 finished square feet of well-designed living space in this impressiv...	4 beds \| 3 baths \| 3,836 sq.ft.	$514,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 1.87% Airbnb Rental Income: $1780 Traditional Rental Income: $1882 Airbnb ROI: 0.65% Traditional ROI: 1.87%
3914 N Lanewood Drive Muncie, IN Back on the market due to no fault of the sellers! Welcome home to this well-maintained an...	2 beds \| 1 baths \| 1,278 sq.ft.	$174,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 6.46% Airbnb Rental Income: $1326 Traditional Rental Income: $1496 Airbnb ROI: 2.98% Traditional ROI: 6.46%
2004 N Milton Street Muncie, IN Charming 2BR/1BA Bungalow 5 minutes from Ball State. 2 spacious bedrooms with fenced in ba...	2 beds \| 1 baths \| 959 sq.ft.	$130,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 7.59% Airbnb Rental Income: $1326 Traditional Rental Income: $1288 Airbnb ROI: 4.61% Traditional ROI: 7.59%
223 N Elm Street Muncie, IN Historic character meets modern updates in the heart of the Gilbert Historic District! Thi...	4 beds \| 2 baths \| 1,996 sq.ft.	$175,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 10.74% Airbnb Rental Income: $1780 Traditional Rental Income: $2183 Airbnb ROI: 5.41% Traditional ROI: 10.74%
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: 4.79% Traditional cash on cash: 7.43% Airbnb Rental Income: $1479 Traditional Rental Income: $1448 Airbnb ROI: 4.79% Traditional ROI: 7.43%
1212 N Bittersweet Lane Muncie, IN Beautifully remodeled, hard to find, FOUR bed, 3 FULL bath home located in desirable Westb...	4 beds \| 3 baths \| 3,128 sq.ft.	$280,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 9.28% Airbnb Rental Income: $1780 Traditional Rental Income: $3008 Airbnb ROI: 2.79% Traditional ROI: 9.28%
7608 N Lynn Street Muncie, IN This well-maintained two-story home offers spacious living, modern updates, and a fully fe...	4 beds \| 3 baths \| 1,704 sq.ft.	$261,620	Airbnb cash on cash: 3.41% Traditional cash on cash: 7.91% Airbnb Rental Income: $1780 Traditional Rental Income: $2405 Airbnb ROI: 3.41% Traditional ROI: 7.91%
420 S Keesling Road Muncie, IN Currently Rented through July of 2026. This is a 3 bedroom, 1 bathroom house with a large ...	3 beds \| 1 baths \| 999 sq.ft.	$124,900	Airbnb cash on cash: 6.23% Traditional cash on cash: 7.89% Airbnb Rental Income: $1479 Traditional Rental Income: $1243 Airbnb ROI: 6.23% Traditional ROI: 7.89%
2107 W Sheffield Drive Muncie, IN Move right in to this cute home in Halteman Village! This home features a large living roo...	3 beds \| 1 baths \| 1,040 sq.ft.	$155,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 6.73% Airbnb Rental Income: $1479 Traditional Rental Income: $1388 Airbnb ROI: 4.41% Traditional ROI: 6.73%
3005 W Moore Road Muncie, IN Warm, distinctive, and full of character, this home offers a cozy yet elevated feel with h...	3 beds \| 2 baths \| 1,650 sq.ft.	$249,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.95% Airbnb Rental Income: $1479 Traditional Rental Income: $1680 Airbnb ROI: 2.25% Traditional ROI: 4.95%
3805 N Lancaster Drive Muncie, IN This fantastic 4-bedroom, 2.5-bath home located on a quiet street. The main floor features...	4 beds \| 3 baths \| 2,664 sq.ft.	$269,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 8.76% Airbnb Rental Income: $1780 Traditional Rental Income: $2781 Airbnb ROI: 2.92% Traditional ROI: 8.76%
2209 W Woodmont Drive Muncie, IN Looking for space? This home has over 2600 sf and sits on .47 acres! Located in the Norwoo...	5 beds \| 3 baths \| 2,670 sq.ft.	$279,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 8.29% Airbnb Rental Income: $2151 Traditional Rental Income: $2774 Airbnb ROI: 3.85% Traditional ROI: 8.29%
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.	$295,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.51% Airbnb Rental Income: $1479 Traditional Rental Income: $2410 Airbnb ROI: 1.61% Traditional ROI: 6.51%
8485 E County Road 400 N Muncie, IN Discover a truly inviting home at 8485 E County Road 400 N, Muncie, IN, USA. This 1953 sin...	3 beds \| 2 baths \| 1,664 sq.ft.	$168,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 9.89% Airbnb Rental Income: $1479 Traditional Rental Income: $1983 Airbnb ROI: 4.05% Traditional ROI: 9.89%
1005 W Dunn Avenue Muncie, IN Charming and Updated!! Close to Everything. You will love the appeal and finishes in this ...	3 beds \| 1 baths \| 1,176 sq.ft.	$139,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 7.24% Airbnb Rental Income: $1479 Traditional Rental Income: $1314 Airbnb ROI: 5.23% Traditional ROI: 7.24%
4102 W Squire Court Muncie, IN Welcome home to this beautifully updated 3-bedroom, 2-bath ranch in desirable Robinwood Es...	3 beds \| 2 baths \| 1,914 sq.ft.	$249,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 7.01% Airbnb Rental Income: $1479 Traditional Rental Income: $2238 Airbnb ROI: 1.95% Traditional ROI: 7.01%
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.	$349,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.05% Airbnb Rental Income: $1479 Traditional Rental Income: $1656 Airbnb ROI: 1.18% Traditional ROI: 3.05%
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.	$169,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 11.82% Airbnb Rental Income: $1479 Traditional Rental Income: $2254 Airbnb ROI: 4.31% Traditional ROI: 11.82%
4660 E County Road 550 S Muncie, IN *MULTIPLE OFFERS RECEIVED- All offers due by noon, Wednesday June 10th. Please allow a res...	3 beds \| 2 baths \| 1,174 sq.ft.	$269,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 4.05% Airbnb Rental Income: $1479 Traditional Rental Income: $1650 Airbnb ROI: 1.67% Traditional ROI: 4.05%
5100 W Preakness Court Muncie, IN Beautifully maintained condo in desirable Willow Lake offering tall and vaulted ceilings, ...	2 beds \| 2 baths \| 1,754 sq.ft.	$289,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 5.35% Airbnb Rental Income: $1326 Traditional Rental Income: $2079 Airbnb ROI: 1.09% Traditional ROI: 5.35%
5505 W Sudbury Drive Muncie, IN Welcome to 5505 W Sudbury DR, MUNCIE, IN, a delightful home spanning 1494 square feet, rea...	3 beds \| 2 baths \| 1,494 sq.ft.	$274,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 5.54% Airbnb Rental Income: $1479 Traditional Rental Income: $1941 Airbnb ROI: 2.08% Traditional ROI: 5.54%
3011 W Stradling Drive Muncie, IN Welcome home to this beautifully maintained 3 bedroom, 3 full bath property located in the...	3 beds \| 3 baths \| 2,360 sq.ft.	$317,520	Airbnb cash on cash: 1.44% Traditional cash on cash: 8.27% Airbnb Rental Income: $1479 Traditional Rental Income: $3083 Airbnb ROI: 1.44% Traditional ROI: 8.27%
3000 N Reserve Street Muncie, IN Location! Updates! & Charm! This 3-bedroom, 1.5-bathroom, 1,376 sq ft home will check off ...	3 beds \| 2 baths \| 1,376 sq.ft.	$139,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 10.72% Airbnb Rental Income: $1479 Traditional Rental Income: $1766 Airbnb ROI: 5.34% Traditional ROI: 10.72%
1504 W Tree Lane Muncie, IN This lovely 4 bedroom, 2.5 bathroom home in the Cowan School District offers a functional ...	4 beds \| 3 baths \| 1,848 sq.ft.	$259,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 4.78% Airbnb Rental Income: $1780 Traditional Rental Income: $1632 Airbnb ROI: 3.4% Traditional ROI: 4.78%
4204 W Thornwood Lane Muncie, IN Trademark construction Cahill model. Open concept floor plan with backyard patio, close to...	3 beds \| 2 baths \| 1,525 sq.ft.	$314,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.05% Airbnb Rental Income: $1479 Traditional Rental Income: $1525 Airbnb ROI: 0.43% Traditional ROI: 2.05%
1614 S Luick Avenue Muncie, IN Charming 2-bedroom, 1-bath home in Muncie featuring beautiful hardwood floors, an unfinish...	2 beds \| 1 baths \| 885 sq.ft.	$93,000	Airbnb cash on cash: 7.2% Traditional cash on cash: 6.51% Airbnb Rental Income: $1326 Traditional Rental Income: $853 Airbnb ROI: 7.2% Traditional ROI: 6.51%
3318 E 14th Street Muncie, IN Charming and cozy 1-bedroom, 1-bath home located in the heart of Muncie! This inviting pro...	1 beds \| 1 baths \| 588 sq.ft.	$75,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 6.33% Airbnb Rental Income: $805 Traditional Rental Income: $649 Airbnb ROI: 4.07% Traditional ROI: 6.33%
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.	$199,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 6.44% Airbnb Rental Income: $1479 Traditional Rental Income: $2320 Airbnb ROI: -0.29% Traditional ROI: 6.44%
7104 S Hibiscus Drive Muncie, IN Motivated seller's! Buyer's Incentive of $3500.00 Quiet neighborhood in Cowan School Distr...	4 beds \| 3 baths \| 1,908 sq.ft.	$240,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 5.62% Airbnb Rental Income: $1780 Traditional Rental Income: $1690 Airbnb ROI: 3.88% Traditional ROI: 5.62%
2608 W Brayston Way Muncie, IN Welcome to this beautifully maintained 3 bedroom, 2 bathroom ranch offering over 2,000 sq ...	3 beds \| 2 baths \| 2,003 sq.ft.	$349,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.8% Airbnb Rental Income: $1479 Traditional Rental Income: $1887 Airbnb ROI: 1.23% Traditional ROI: 3.8%
101 E Charter Drive Muncie, IN Check out this 2 Bedroom, 2 Full Bath home at 5K Estates! This home offers convenient, low...	2 beds \| 2 baths \| 1,627 sq.ft.	$209,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.75% Airbnb Rental Income: $1326 Traditional Rental Income: $1819 Airbnb ROI: 1.21% Traditional ROI: 5.75%
4507 W Peachtree Lane Muncie, IN Discover a truly exceptional opportunity in the desirable Green Meadows addition of Northw...	3 beds \| 3 baths \| 2,586 sq.ft.	$319,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.11% Airbnb Rental Income: $1479 Traditional Rental Income: $1876 Airbnb ROI: 0.34% Traditional ROI: 3.11%
3640 N Lakeside Drive Muncie, IN This updated condo is in move-in condition and ready for new owners! Beautiful open concep...	2 beds \| 2 baths \| 1,400 sq.ft.	$159,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.72% Airbnb Rental Income: $1326 Traditional Rental Income: $1420 Airbnb ROI: 1.4% Traditional ROI: 4.72%

Real Estate investment in Muncie, IN

There are 172 properties for sale in the city of Muncie . The median list price in Muncie is $146,412 and the average price per square foot is $83. In July 2026, the average monthly cash on cash return in Muncie is 8.00%. The average monthly rental income in Muncie is $1,768.

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

There are 172 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 $1,768.

Your search for investment property begins and ends here

Investment Property for Sale in Muncie, IN

300 S Shady Lane

Muncie, IN

4 beds | 3 baths | 2,540 sq.ft.

$270,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 9.13%

Airbnb Rental Income: $1780

Traditional Rental Income: $2876

Airbnb ROI: 2.92%

Traditional ROI: 9.13%

2911 W Applewood Court

Muncie, IN

2 beds | 2 baths | 1,146 sq.ft.

$199,500

Airbnb cash on cash: 1.82%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1326

Traditional Rental Income: $1528

Airbnb ROI: 1.82%

Traditional ROI: 5.05%

2605 N Wickersham Drive

Muncie, IN

4 beds | 3 baths | 3,836 sq.ft.

$514,900

Airbnb cash on cash: 0.65%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $1780

Traditional Rental Income: $1882

Airbnb ROI: 0.65%

Traditional ROI: 1.87%

3914 N Lanewood Drive

Muncie, IN

2 beds | 1 baths | 1,278 sq.ft.

$174,900

Airbnb cash on cash: 2.98%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1326

Traditional Rental Income: $1496

Airbnb ROI: 2.98%

Traditional ROI: 6.46%

2004 N Milton Street

Muncie, IN

2 beds | 1 baths | 959 sq.ft.

$130,000

Airbnb cash on cash: 4.61%

Traditional cash on cash: 7.59%

Airbnb Rental Income: $1326

Traditional Rental Income: $1288

Airbnb ROI: 4.61%

Traditional ROI: 7.59%

223 N Elm Street

Muncie, IN

4 beds | 2 baths | 1,996 sq.ft.

$175,000

Airbnb cash on cash: 5.41%

Traditional cash on cash: 10.74%

Airbnb Rental Income: $1780

Traditional Rental Income: $2183

Airbnb ROI: 5.41%

Traditional ROI: 10.74%

1010 W 23rd Street

Muncie, IN

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

$159,900

Airbnb cash on cash: 4.79%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $1479

Traditional Rental Income: $1448

Airbnb ROI: 4.79%

Traditional ROI: 7.43%

1212 N Bittersweet Lane

Muncie, IN

4 beds | 3 baths | 3,128 sq.ft.

$280,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 9.28%

Airbnb Rental Income: $1780

Traditional Rental Income: $3008

Airbnb ROI: 2.79%