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Sold on 02/04/2022
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314 E Gilbert, Muncie, IN 47302

$111,000

Last sold 02/04/2022 for $34K

  • bed

  • bath

Multi-family not for sale

About 314 E Gilbert

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Rental estimate
Property description
Fully leased tri-plex in good condition at reasonable price grossing $1155 month. Current leases are month-to-month. Nice 2-car garage off back alley can be used for all your maintenance equipment and storage.
Listed by
Listing Agent - Ginny Lazar
Listing Agent Contact: Cell: 765-760-2244
Listing Office - RE/MAX Real Estate Groups
Source: IRMLS mls logo
MLS#20020310 • last updated 9 years ago
Movoto checked IRMLS for data 23 minutes ago
Overview
Cooling/AC Central Air
Heating Gas, Forced Air
Levels/Style One Story
Status Sold
MLS # 20020310
Type INVESTMENT
SubType Triplex
SqFt (Total) 300
Lot Size (SqFt) 4356
L:ot Size (Acres) 0.1
Property Taxes 1371.2
Foreclosure (Y/N) No
Year Built 1880
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 3
Interior
Exterior
Roof Shingle
Exterior Aluminum
Basement/ Foundation Crawl, Full Basement
Parking Street
Lot Dimensions 36x125
Other Structure(s) None
Fencing None
Lot Desc Level
Amenities / Utilities
Sewer City
Electricity AEP/I&M, CenterPoint Energy
Water City, Indiana American Water Co, Muncie Sanitary Dist.
Pool Desc None
Amenities Basement, Cable Ready, Water Heater Electric, Water Heater Gas
Location
Area Delaware County
Subdivision Gilbert(s)
APN 1110353013000
Multifamily Details
Owner Pays Building Insurance, Electric, Fuel, Maintenance, Sewer, Tax, Trash Collection, Other
Tenant Pays Water
Annual Net Income -1371.2
$111K
Range: $62.1K-$159K
Last 30 days 
Rental est.: $718/month
Gross rent multiplier: 3.9 - Excellent
  • Feb 2022
    mls logo MLS # 2714297
  • Feb 4, 2022 Sold
    $34,000 (-10.5%)
  • Mar 8, 2007 Listed
    $41,500
  • Feb 2022
    mls logo MLS # 2642523
  • Feb 1, 2022 Sold
    $38,000 (+11.8%)
  • Jan 18, 2006 Listed
    $39,900
  • Jul 2007
    mls logo MLS # 20020310
  • Jul 13, 2007 Sold
    $34,000 (-18.1%)
  • Mar 8, 2007 Listed
    $41,500 (+4.0%)
  • Year Property taxes Tax assessment
  • 2024
    $832 +31.0%
    $72,400
  • 2023
    $635 -16.4%
    $72,400 +37.38%
  • 2022
    $760 +41.8%
    $52,700 +8.21%
  • 2021
    $536 +396.3%
    $48,700 +21.14%
  • 2020
    $108
    $40,200
  • 2019
    $108
  • 2018
    $108
  • 2017
    $108 -84.0%
    -100.0%
  • 2016
    $676 +6.3%
    $28,400
  • 2015
    $636
  • 314 E Gilbert
    $34K
  • Gilbert Historic District
  • 47302
    $99.9K 0% y/y
  • Muncie
    $156K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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