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
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: 2.42% Traditional cash on cash: 7.43% Airbnb Rental Income: $1045 Traditional Rental Income: $1448 Airbnb ROI: 2.42% Traditional ROI: 7.43%
4300 W Coventry Drive Muncie, IN Back on Market due to no fault of the seller! Check out this 3-bedroom, 2-bath, 1,752 sq. ...	3 beds \| 2 baths \| 1,752 sq.ft.	$229,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.94% Airbnb Rental Income: $1045 Traditional Rental Income: $1991 Airbnb ROI: 0.92% Traditional ROI: 6.94%
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: 1.38% Traditional cash on cash: 7.72% Airbnb Rental Income: $1045 Traditional Rental Income: $1650 Airbnb ROI: 1.38% Traditional ROI: 7.72%
4408 N Emerald Pointe Way Muncie, IN Move right into this beautifully maintained 4-bedroom, 2-bath home built in 2019, located ...	4 beds \| 2 baths \| 1,430 sq.ft.	$229,990	Airbnb cash on cash: 5.1% Traditional cash on cash: 7.11% Airbnb Rental Income: $2130 Traditional Rental Income: $2024 Airbnb ROI: 5.1% Traditional ROI: 7.11%
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: 0.53% Traditional cash on cash: 5.98% Airbnb Rental Income: $1045 Traditional Rental Income: $2168 Airbnb ROI: 0.53% 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: 1.23% Traditional cash on cash: 3.02% Airbnb Rental Income: $2130 Traditional Rental Income: $2496 Airbnb ROI: 1.23% Traditional ROI: 3.02%
1609 E Royerton Drive Muncie, IN 3 bedroom, 2 bath home located in the Royerton school district on approximately 1.83 acres...	3 beds \| 2 baths \| 1,810 sq.ft.	$279,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.96% Airbnb Rental Income: $1045 Traditional Rental Income: $2087 Airbnb ROI: 0.63% Traditional ROI: 5.96%
200 W Charter Drive Muncie, IN North-end duplex investment opportunity! Unit 202 features 2 bedrooms, 1 bathroom and a tw...	4 beds \| 2 baths \| 2,252 sq.ft.	$194,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 9.9% Airbnb Rental Income: $1045 Traditional Rental Income: $2292 Airbnb ROI: 1.2% Traditional ROI: 9.9%
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: -0.04% Traditional cash on cash: 6.3% Airbnb Rental Income: $1058 Traditional Rental Income: $1690 Airbnb ROI: -0.04% 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.	$235,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 7.87% Airbnb Rental Income: $1045 Traditional Rental Income: $2499 Airbnb ROI: -0.31% Traditional ROI: 7.87%
3508 N Burgess Road Muncie, IN	3 beds \| 2 baths \| 1,248 sq.ft.	$199,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.99% Airbnb Rental Income: $1045 Traditional Rental Income: $1674 Airbnb ROI: 1.76% Traditional ROI: 6.99%
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.	$315,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.06% Airbnb Rental Income: $1045 Traditional Rental Income: $2410 Airbnb ROI: 0.23% Traditional ROI: 6.06%
9405 W Blacksmith Drive Muncie, IN Yorktown Schools district. True pride of ownership and craftsman detail. The home feat...	3 beds \| 2 baths \| 2,115 sq.ft.	$374,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.36% Airbnb Rental Income: $1045 Traditional Rental Income: $2221 Airbnb ROI: -0.02% Traditional ROI: 4.36%
3600 N Lakeside Drive Muncie, IN Move right in! This Sandpiper Lakes condo is super clean and has a great layout with 2 bed...	2 beds \| 2 baths \| 1,152 sq.ft.	$124,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 9.08% Airbnb Rental Income: $1058 Traditional Rental Income: $1456 Airbnb ROI: 2.74% Traditional ROI: 9.08%
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: 0.1% Traditional cash on cash: 2.98% Airbnb Rental Income: $1045 Traditional Rental Income: $1656 Airbnb ROI: 0.1% 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: 2.92% Traditional cash on cash: 7.54% Airbnb Rental Income: $1058 Traditional Rental Income: $1270 Airbnb ROI: 2.92% 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.	$189,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 10.5% Airbnb Rental Income: $1045 Traditional Rental Income: $2254 Airbnb ROI: 1.75% Traditional ROI: 10.5%
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: 3.74% Traditional cash on cash: 6.12% Airbnb Rental Income: $2130 Traditional Rental Income: $2226 Airbnb ROI: 3.74% 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: 1.28% Traditional cash on cash: 8.18% Airbnb Rental Income: $1045 Traditional Rental Income: $2437 Airbnb ROI: 1.28% 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: 3.52% Traditional cash on cash: 8.33% Airbnb Rental Income: $1045 Traditional Rental Income: $1216 Airbnb ROI: 3.52% Traditional ROI: 8.33%
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.	$239,900	Airbnb cash on cash: 4.74% Traditional cash on cash: 8.02% Airbnb Rental Income: $2130 Traditional Rental Income: $2330 Airbnb ROI: 4.74% Traditional ROI: 8.02%
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.	$324,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 8.06% Airbnb Rental Income: $1045 Traditional Rental Income: $3083 Airbnb ROI: 0.2% Traditional ROI: 8.06%
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: 0.12% Traditional cash on cash: 7.18% Airbnb Rental Income: $1045 Traditional Rental Income: $2217 Airbnb ROI: 0.12% 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: 0.15% Traditional cash on cash: 2.86% Airbnb Rental Income: $1045 Traditional Rental Income: $1573 Airbnb ROI: 0.15% 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: 6.67% Traditional cash on cash: 8.06% Airbnb Rental Income: $1058 Traditional Rental Income: $792 Airbnb ROI: 6.67% 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: 3.4% Traditional cash on cash: 7.65% Airbnb Rental Income: $2130 Traditional Rental Income: $2865 Airbnb ROI: 3.4% Traditional ROI: 7.65%
406 N Alameda Drive Muncie, IN Beautifully remodeled home located on campus! This 3-bedroom, 2 full bath property feature...	3 beds \| 2 baths \| 1,384 sq.ft.	$179,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.09% Airbnb Rental Income: $1045 Traditional Rental Income: $1206 Airbnb ROI: 1.03% Traditional ROI: 4.09%
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: 1.1% Traditional cash on cash: 7.88% Airbnb Rental Income: $1058 Traditional Rental Income: $2073 Airbnb ROI: 1.1% Traditional ROI: 7.88%
4605 N Ball Avenue Muncie, IN Well maintained 3 bedroom, 1.5 bath home offering approximately 1,400 square feet of livin...	3 beds \| 2 baths \| 1,400 sq.ft.	$174,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.65% Airbnb Rental Income: $1045 Traditional Rental Income: $1327 Airbnb ROI: 1.78% Traditional ROI: 5.65%
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.	$80,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 5.9% Airbnb Rental Income: $993 Traditional Rental Income: $649 Airbnb ROI: 5.77% Traditional ROI: 5.9%
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: -2.2% Traditional cash on cash: 6.44% Airbnb Rental Income: $1045 Traditional Rental Income: $2320 Airbnb ROI: -2.2% Traditional ROI: 6.44%
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.	$299,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.17% Airbnb Rental Income: $1058 Traditional Rental Income: $1354 Airbnb ROI: 0.82% Traditional ROI: 3.17%
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: 0.09% Traditional cash on cash: 5.75% Airbnb Rental Income: $1058 Traditional Rental Income: $1819 Airbnb ROI: 0.09% Traditional ROI: 5.75%
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: 2.03% Traditional cash on cash: 6.38% Airbnb Rental Income: $1045 Traditional Rental Income: $1499 Airbnb ROI: 2.03% 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: 0.48% Traditional cash on cash: 5.21% Airbnb Rental Income: $1045 Traditional Rental Income: $2056 Airbnb ROI: 0.48% Traditional ROI: 5.21%
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%
4115 N Ball Avenue Muncie, IN Move-in ready, this 3-bedroom, 1.5-bath home in NW Muncie offers exceptional value! Locate...	3 beds \| 2 baths \| 1,180 sq.ft.	$182,500	Airbnb cash on cash: 0.96% Traditional cash on cash: 6.74% Airbnb Rental Income: $1045 Traditional Rental Income: $1686 Airbnb ROI: 0.96% Traditional ROI: 6.74%
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: 5.23% Traditional cash on cash: 7.85% Airbnb Rental Income: $1045 Traditional Rental Income: $910 Airbnb ROI: 5.23% Traditional ROI: 7.85%
502-504 S Mound Street Muncie, IN *This property is part of a potential 22 property package. Please see the attached documen...	N/A beds \| N/A baths \| N/A	$108,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 8.48% Airbnb Rental Income: $1045 Traditional Rental Income: $1165 Airbnb ROI: 3.9% Traditional ROI: 8.48%

Real Estate investment in Muncie, IN

There are 157 properties for sale in the city of Muncie . The median list price in Muncie is $179,900 and the average price per square foot is $99. In May 2026, the average monthly cash on cash return in Muncie is 8.00%. The average monthly rental income in Muncie is $1,807.

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

There are 157 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 $1,807.

Your search for investment property begins and ends here

Investment Property for Sale in Muncie, IN

1010 W 23rd Street

Muncie, IN

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

$159,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $1045

Traditional Rental Income: $1448

Airbnb ROI: 2.42%

Traditional ROI: 7.43%

4300 W Coventry Drive

Muncie, IN

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

$229,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 6.94%

Airbnb Rental Income: $1045

Traditional Rental Income: $1991

Airbnb ROI: 0.92%

Traditional ROI: 6.94%

205 N Shellbark Road

Muncie, IN

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

$159,900

Airbnb cash on cash: 1.38%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1045

Traditional Rental Income: $1650

Airbnb ROI: 1.38%

Traditional ROI: 7.72%

4408 N Emerald Pointe Way

Muncie, IN

4 beds | 2 baths | 1,430 sq.ft.

$229,990

Airbnb cash on cash: 5.1%

Traditional cash on cash: 7.11%

Airbnb Rental Income: $2130

Traditional Rental Income: $2024

Airbnb ROI: 5.1%

Traditional ROI: 7.11%

4909 W Prairiewood Drive

Muncie, IN

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

$289,900

Airbnb cash on cash: 0.53%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $1045

Traditional Rental Income: $2168

Airbnb ROI: 0.53%

Traditional ROI: 5.98%

5513 W Sawgrass Way

Muncie, IN

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

$544,900

Airbnb cash on cash: 1.23%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $2130

Traditional Rental Income: $2496

Airbnb ROI: 1.23%

Traditional ROI: 3.02%

1609 E Royerton Drive

Muncie, IN

3 beds | 2 baths | 1,810 sq.ft.

$279,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1045

Traditional Rental Income: $2087

Airbnb ROI: 0.63%

Traditional ROI: 5.96%

200 W Charter Drive

Muncie, IN

4 beds | 2 baths | 2,252 sq.ft.

$194,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 9.9%

Airbnb Rental Income: $1045

Traditional Rental Income: $2292

Airbnb ROI: 1.2%