Skip To Content

309-311 N Jefferson Street

Muncie, IN 47306
  • $479,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 202506522
UPDATED: 63 min ago
$479,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,220
    SQFT
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Listing provided by Melanie White of Berkshire Hathaway Indiana Realty: Cell: 765-881-5451.

Description

This 8 unit apartment building is conveniently located in downtown Muncie. These modern apartments have some exposed brick interior walls. Each unit has separate electric, gas, and water meters. Each unit has a separate electric panel, water heater, heat pump/central air conditioning unit and furnace. 6 units are currently rented. 2 units are ready for new tenants. One unit is a handicap accessible unit. 6 units have 2 bedrooms, 2 units have 1 bedroom. Rent potential is approximately $62,000 +/-/year. Located in the Gilbert Historic District and zoned Central Business.

Monthly Payment Calculator



© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-03-15T21:28:33.91.

www.myindianahomes.com/homes/161020529
Print Image

309-311 N Jefferson Street Muncie, IN 47306

  • Price: $479,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 63 min ago
  • MLS #: 202506522
0
Beds
0
Baths
0
½ Baths
0.09
Acres
8,220
SQFT
$58
$/SQFT
1916
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Property Description
This 8 unit apartment building is conveniently located in downtown Muncie. These modern apartments have some exposed brick interior walls. Each unit has separate electric, gas, and water meters. Each unit has a separate electric panel, water heater, heat pump/central air conditioning unit and furnace. 6 units are currently rented. 2 units are ready for new tenants. One unit is a handicap accessible unit. 6 units have 2 bedrooms, 2 units have 1 bedroom. Rent potential is approximately $62,000 +/-/year. Located in the Gilbert Historic District and zoned Central Business.
Exterior Features

Construction Type1 NA Driveway None Exterior BrickWood Fire Doors YN No Location City Lot Dimensions Irregular Parcel Description Irregular Parking Street Parking Type STREET ONLY Parking YN Yes Road Access City Roof Material Rubber Sea Wall Type None Security Light YN No Signs YN No Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 8220 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height NA Column Spacing NONE Cooling Central AirHeat PumpMultiple Cooling Units Flooring Mixed Heating Fuel ElectricGasForced Air Interior Height NA Interior Walls DrywallOther Internal Rooms Kitchen Special Features Living Space Total Restrooms 8

Property Features

Annual Taxes 1614 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available LBP Form Electric Company AEP/I&M Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Ingress Egress None Inside City Limits Yes Lease Available YN No Lease Term Remaining 0 New Construction No Other Fee Description Storm Water Other Fees 108 Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Other Property Sub Type Other/Unknown Property Use Investment Property Proposed Financing CashConventional Public Utilities Mun. Sewer to SiteMun. Water to Site Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Center Water Company Indiana American Water CoMuncie Sanitary Dist. Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024 Zoning Description CENTRAL BUSINESS

Listing provided by Melanie White of Berkshire Hathaway Indiana Realty: Cell: 765-881-5451.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-03-15T21:28:33.91.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202506522-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202506522-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202506522-2.jpg
Logo
McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Melanie White of Berkshire Hathaway Indiana Realty: Cell: 765-881-5451.