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  • $370,000

    309-311 N Jefferson St, Muncie, IN 47305

    14beds
    8,220sqft
    Apartment Building
    Built in 1916
    -- sqft lot
    $382,600 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 12:10pm

    Listed by:

    Melanie White Cell:765-881-5451,

    Berkshire Hathaway Indiana Realty

    Bought with:

    Realtor NonMember MEIAR

    NonMember MEIAR

    Source: IRMLS,MLS#: 202506515MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Electric, Natural Gas, Forced Air, Multiple Heating Systems
    Cooling
    • Central Air, Heat Pump, Multi Units
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    Features
    • Eat-in Kitchen, Entrance Foyer
    • Flooring: Mixed
    • Has basement: No
    Interior area
    • Total structure area: 8,220
    • Total interior livable area: 8,220 sqft
    • Finished area above ground: 8,220
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 sqft
    • Features: Level, City/Town/Suburb
    Details
    • Additional structures: None
    • Parcel number: 181110352008.000003
    • Zoning: CB
    • Zoning description: CENTRAL BUSINESS

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment Building
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Electric: AEP/I&M
    • Gas: CenterPoint Energy
    • Sewer: City
    • Water: City, Indiana American Water Co, Muncie Sanitary Dist.

    Community & neighborhood

    Location
    • Region: Muncie
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 61308

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability