1216 W Rex Street, Muncie, IN 47303 (MLS # 22133501)

Price $230,000
Status Active
Beds 4
Baths 1 Bath
Home size 2,123 sqft
Lot Size 5,228 sqft
Days on Market 5
Meet the Yellow Cardinal! This 4-bedroom, 2,123 sq ft home sits just blocks from Ball State University, putting campus and everything Cardinals need right at your doorstep - an ideal setup for an investor or a Ball State parent. The big-ticket updates are already done for you: the furnace and A/C were replaced in 2025, new windows were installed throughout in 2025, and the water heater, refrigerator, and washer and dryer were all replaced in 2024. That means lower maintenance headaches and strong appeal for tenants from day one. Inside, the layout is built for roommates and rentability. The huge upstairs loft works as the 4th bedroom or a rec room hangout, the front porch is a perfect spot to relax or study, and the unfinished basement offers the 2024 washer and dryer plus tons of extra room for storage or another place to hang out. The Yellow Cardinal offers plenty of parking out back for multiple cars - something hard to find this close to campus! Turnkey, updated, and in the heart of Cardinal country - bring your investors, this one is ready to rent! the existing lease is assumable - step in as the new landlord with income from day one.
Property Type(s): Single Family
Last Updated 11/5/2026 Tract Neely
Year Built 1923 Community 1808 - Delaware - Center
County Delaware

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
AREA 1808 - Delaware - Center
BASEMENT Unfinished, Yes
CONSTRUCTION Cement Siding
HEAT Forced Air, Natural Gas
LOT 5227 sq ft
PARKING Aggregate
STORIES 2
STYLE Bungalow
SUBDIVISION Neely
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Alice Steppe to contact you even if your name is on a Federal or State "Do not call List".

Listed with eXp Realty, LLC
Listing information is deemed reliable, but not guaranteed.

© 2026 Metropolitan Indianapolis Board of REALTORS®

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend