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$610,000 -

114 S Walnut Street Muncie IN 47305

2
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.06
Acres

Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.

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Property Details

Price: $610,000 Previously: $610,000 Originally: $620,000 Bedrooms: 2 Bathrooms: 2.50 MLS #: 22035667 Year Built: 1890 Township: Center Sq. Ft Total: 6,741 Type: Residential Zip Code: 47305 City: Muncie Subdivision: No Subdivision County: Delaware School District: Muncie Community Schools High School: Muncie Central High School Elementary School: East Washington Academy

Interior Features

Interior Features:
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Kitchen Exhaust, Microwave, Convection Oven, Refrigerator, Ice Maker, Washer
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Balcony, Smart Lock(s)
  • Porch: Deck UP
  • # Acres: 0.06

Listing Office: Coldwell Banker Real Estate Group

Office Contact: steveslavin@coldwellhomes.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 13th, 2025 at 2:10pm EDT.

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