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
Closed
$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
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#: 202506515

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