5+ Days Ago
Highlights
Pet Friendly
- Laundry room
- Living room
Location
823 N Mulberry St #823, Muncie, IN 47305, USA
Tour 823 N Mulberry St #823
Contact
SunShine Investing, Inc
Nearby rentals
Renter hub
Property management
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Property Overview
This property features essential amenities such as a laundry room and a living room, providing functional living space. It is located in close proximity to a top-rated high school and a well-rated middle school, enhancing educational opportunities. Notably pet-friendly, this residence is supported by local dog parks, pet supply stores, and grooming services, contributing to a welcoming environment for pet owners.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- High school nearby
- Middle school nearby
Great for
Pet owners
Amenities for 823 N Mulberry St #823
Apartment Amenities
| Air Conditioning |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog policy
| Allowed |
|---|
Cat policy
| Allowed |
|---|
Contact for more information on pet policy.
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About 823 N Mulberry St #823
Looking to start or grow your rental portfolio — or reduce your own housing costs? This Muncie over-under duplex is available on a land contract with just $4,000 down and monthly payments of $880.55 (includes principal, interest, taxes, and insurance) — no bank loan or credit check required. Income will be verified as part of the approval process. The downstairs unit is nearly rent-ready, needing just minor touchups. It includes: • 2 bedrooms / 1 bathroom • Living room and laundry room • Gas-forced air heat & window A/C • Public utilities (water/sewer) Market rent is estimated at $850–$900/month, providing immediate income — or, you can live in the downstairs unit while you renovate the upstairs, then rent that unit out to cover your mortgage and live downstairs for free. The upstairs unit needs a full rehab, giving you the chance to add significant value and create a second income stream. Finish it and rent it out, or enjoy a dual-unit property with long-term upside — where the upstairs rent pays the mortgage and you live downstairs for free. Located just minutes from Ball State University, downtown Muncie, shopping, and schools, this property sits in a high-demand rental area. Deal Terms: • Down Payment: $4,000 • Monthly Payment: $880.55 (PITI) • Land Contract – No credit check • Income will be verified Why It Works: • Live downstairs while renovating the upstairs • Rent upstairs to cover the mortgage and live for free • Immediate rent potential from downstairs • Strong rental location near Ball State and downtown • Build equity and cash flow with low upfront cost Whether you're an investor, house hacker, or someone looking for affordable homeownership with built-in value — this is the kind of deal that doesn't come around often. Ready to take the next step? More info and pics at https www dawnshomelist com property-listings ?listing_id=3088040 Call Us (234) 230-6789
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 823 N Mulberry St #823 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 681 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.1 mile away
- Middle school nearby
- There is a middle school 2 miles away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 47305 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Muncie
2-bedroom apartments at 823 N Mulberry St #823 cost about 2% less than the average rent price for 2-bedroom apartments in Muncie.
Median rents as of Sep 13 2025.
Muncie
| Month | Median Rent |
|---|---|
| September 2023 | $800 |
| October 2023 | $800 |
| November 2023 | $800 |
| December 2023 | $820 |
| January 2024 | $825 |
| February 2024 | $834 |
| March 2024 | $849 |
| April 2024 | $850 |
| May 2024 | $866 |
| June 2024 | $869 |
| July 2024 | $862 |
| August 2024 | $875 |
| September 2024 | $880 |
| October 2024 | $886 |
| November 2024 | $895 |
| December 2024 | $900 |
| January 2025 | $898 |
| February 2025 | $900 |
| March 2025 | $915 |
| April 2025 | $918 |
| May 2025 | $916 |
| June 2025 | $905 |
| July 2025 | $912 |
| August 2025 | $898 |
| September 2025 | $900 |
Affordability calculator
Can I afford to live at 823 N Mulberry St #823?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,200 annually to afford this 2-bedrooms monthly rent price of $880.
For more information on rent affordability, visit our rent calculator.
Schools near 823 N Mulberry St #823
Muncie Central High School
801 n walnut st
muncie, IN, 47305
PK, K-12Public
B-
East Washington Academy
1000 e washington
muncie, IN, 47305
PK, K-5Public
B
Youth Opportunity Center
3700 w kilgore ave
muncie, IN, 47304
K-12Public
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Internet available near 823 N Mulberry St #823
Getting around Muncie near 823 N Mulberry St #823
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 823 N Mulberry St #823, Muncie
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
3/10
Some bars within walking distance
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