3114 West Devon Road

Muncie, IN 47304

$630,000
Price
15
Beds
5,982 Sq. Ft.
$105 / Sq. Ft.
5,982
Sq. Ft.
$105
per Sq. Ft.

Description

6 UNIT- FULLY OCCUPIED MUNCIE PORTFOLIO of single family homes with great rental history, location, and rentability. These 6 homes consist of 5 long term rentals and 1 mid-term furnished rental. Gross monthly rent is $6,250 with $4,650 on the long term rentals and $1600 a month on the furnished mid-term rental. Rents are below market rate and could be increased. 104 E Berkley: mid-term furnished rental $1600 a month, 2bdr 1ba, 1 car attached garage GFA/CA. 3114 W Devon: 3bdr, 1ba, attached carport,...6 UNIT- FULLY OCCUPIED MUNCIE PORTFOLIO of single family homes with great rental history, location, and rentability. These 6 homes consist of 5 long term rentals and 1 mid-term furnished rental. Gross monthly rent is $6,250 with $4,650 on the long term rentals and $1600 a month on the furnished mid-term rental. Rents are below market rate and could be increased. 104 E Berkley: mid-term furnished rental $1600 a month, 2bdr 1ba, 1 car attached garage GFA/CA. 3114 W Devon: 3bdr, 1ba, attached carport, covered back porch GFA/CA. 3700 N Walnut: 3 bdr, 2 full baths, 2 car attached garage GFA/CA. 808 W Harvard: 2bdr, 1ba, large 1 car attached garage, GFA/CA. 106 E Harvard: 2bdr 1ba, large 1 car detached garage, C/A, baseboard heat. 312 E Berkley: 3bdr, 1ba, 2.5 car detached garage. All appliances owned by the seller. No contract sales. Tenants pay all utilities including water and sewer with exception of mid-term rental where seller pays all.
  1. Listed by Ryan Kramer • RE/MAX Real Estate Groups

Property Details for 3114 West Devon Road

Style
One Story
Subdivision
University Heights
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 01/30/2025 11:02 PM

Property Details for 3114 West Devon Road

StatusActive
MLS #202502900
Days on Market25
Taxes$6,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1951
Lot Size0.17 AC / 7,405 SF
CountyDelaware County

Building Information for 3114 West Devon Road

Stories1Residences6Year Built1951Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 3114 West Devon Road

Summary
Location and General Information
  • Area: Delaware County
  • City: Muncie
  • Zip Code: 47304
  • State: IN
  • Township: Center
  • Geo Latitude: 40
  • Geo Longitude: -85
  • Fips Code: 18035
  • Directions To Property: use GPS for directions
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 181108156012000003
School Information
  • School District: Muncie Community Schools
  • Elementary: Westview
  • Middle School: Northside
  • High School: Central
Parking
  • Number Of Parking Spaces: 12
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Other
  • Approx Lot Size Acres: 0.17
  • Lot Dimensions: 60x120
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 5982.0
  • Approx Lot Size Sqft: 7405.0
  • Above Grade Finished Sqft: 5982.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 5982.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1951
  • Age: 74
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Other-See Remarks
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 2
  • Number of Disposals: 0
  • Number of Dryers: 6
  • Number of Microwaves: 3
  • Number of Ranges/Ovens: 6
  • Number of Refrigerators: 6
  • Number of W/D Hookups: 6
  • Number of Washers: 6
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: None
  • Flooring: Other
  • Heating/Fuel: Gas, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 15
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 15
  • Total Number of Full Baths: 7
  • Total Number of Half Baths: 0
  • Total Baths: 7
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 3
  • Num Of 3 Bedrooms: 3
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 6
  • Number of Buildings: 6
  • Number of Units: 6
Income & Expenses Information
  • Annual Electric Expense: $1,000.00
  • Annual Fuel Expense: $1,200.00
  • Annual Gross Rent $: $75,000
  • Annual Insurance Expense: $4,900
  • Annual Maint. Expense: $3,600
  • Annual Misc: $0
  • Annual Net Income: $57,050
  • Annual Property Tax: $6,250
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,000
  • Gross Monthly Income: $6,250
  • Gross Monthly Rent: $6,250
Unit Information
Unit 1
  • Unit 1 SqFt: 1284
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 3
  • Unit 1-Num of Rooms: 6
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage Type: Attached
  • Unit 1-Garage: Yes
  • Unit 1-Garage/Num of Cars: 1
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 3114
  • Unit 1-Unit Rent $: $1,100
Unit 2
  • Unit 2 SqFt: 768
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage Type: Attached
  • Unit 2-Garage: Yes
  • Unit 2-Garage/Num of Cars: 1
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 104
  • Unit 2-Unit Rent $: $1,600
Unit 3
  • Unit 3 SqFt: 1321
  • Unit 3-Num of Bathrooms: 2
  • Unit 3-Num of Bedrooms: 3
  • Unit 3-Num of Rooms: 6
  • Unit 3-Currently Rented: Yes
  • Unit 3-Garage Type: Attached
  • Unit 3-Garage: Yes
  • Unit 3-Garage/Number of Cars: 2
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3700
  • Unit 3-Unit Rent $: $1,175
Unit 4
  • Unit 4 SqFt: 885
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 5
  • Unit 4-Currently Rented: Yes
  • Unit 4-Garage Type: Attached
  • Unit 4-Garage: Yes
  • Unit 4-Garage/Num of Cars: 1
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 808
  • Unit 4-Unit Rent $: $865
Unit 5
  • Unit 5 SqFt: 888
  • Unit 5-Num of Bedrooms: 2
  • Unit 5-Num of Rooms: 4
  • Unit 5-Currently Rented: Yes
  • Unit 5-Garage Type: Detached
  • Unit 5-Garage: Yes
  • Unit 5-Garage/Num of Cars: 1
  • Unit 5-Level: Main
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 106
  • Unit 5-Unit Rent $: $750
Unit 6
  • Unit 6 SqFt: 836
  • Unit 6-Num of Bathrooms: 1
  • Unit 6-Num of Bedrooms: 3
  • Unit 6-Num of Rooms: 5
  • Unit 6-Currently Rented: Yes
  • Unit 6-Garage Type: Detached
  • Unit 6-Garage: Yes
  • Unit 6-Garage/Num of Cars: 2
  • Unit 6-Level: Main
  • Unit 6-Rent Frequency: Monthly
  • Unit 6-Unit Number: 312
  • Unit 6-Unit Rent $: $760
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Other
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Property History for 3114 West Devon Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3114 West Devon Road

Taxable ValueLand$16,600Additions$73,000Total$89,600
Tax Record2023$1,900 ($158 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,284 SqFtAbove Grade Finished SqFt1,284 SqFtStories1Lot Size7,200 SqFtStyleSingle Family ResidenceYear Built1951Year Renovated1956CountyDELAWAREAPN18-11-08-156-012.000-003

Schools near 3114 West Devon Road

This home is within Muncie Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
West View Elementary School
PublicPK to 5

Muncie Central High School
PublicPK to 12

Northside Middle School
Public6 to 8

Storer Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3114 West Devon Road is a multi-family home for sale in Muncie, IN 47304. This property was listed for sale on January 29, 2025 by RE/MAX Real Estate Groups, it's currently listed at $630,000. This listing's school district is Muncie Community Schools. Nearby schools include West View Elementary School, Muncie Central High School and Northside Middle School. 3114 West Devon Road is a 15-bed, 7-bath, 5,982 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Groups

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.