114 S Walnut Street, Muncie, IN 47305

$570,000
2
BD
3
BA
6,741
SqFt

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Sold Price
$570,000
List Price
$599,900
Closing Date
Mar 11, 2026
MLS#
22035667
Property Type
Residential
Bedrooms
2
Bathrooms
3
Sqft. of Residence
6,741
Year Built
1890
Days on Market
316
Status
SOLD

Property Description

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 2 office spaces 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 for 2 more years at for $2,250/month. They expect to renew after that. 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. Note, the residential part of this building is 2,982 SF, and the commercial space is 1,659 SF). This is 64% residential and 36% commercial. The leased first floor requires 24 hrs notice to show.

Additional Information

Basement
Full, Unfinished
Foundation
Block
Stories
Three Or More
Architecture
Traditional, Other
Interior
Bath Sinks Double Main, Breakfast Bar, Built-in Features, Entrance Foyer, Eat-in Kitchen, Walk-In Closet(s)
Exterior Amenities
Balcony, Smart Lock(s)
Acres
0.06
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional
Appliances
Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Convection Oven, Refrigerator, Ice Maker, Washer
Region
Center
Eating Areas
Breakfast Room, Dining Combo/Great Room, Dining Combo/Kitchen

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Real Estate Group. Selling Office: BluPrint Real Estate Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative