Great investment opportunity! This 7 unit property includes 6 units in the main house and another unit located behind the house. Many updates have been completed including newer paint and flooring, most plumbing has been redone, gas wall heaters in every unit, sump pump in the basement, and water heater. 6 of the 7 units are currently rented. Total rents are $3,949 per month. Owner pays utilities. Can be bought in a package with 511 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!
Closed
$192,500
509 E Jackson St, Muncie, IN 47305
7beds
3,072sqft
Sevenplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,191 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 04, 2025 at 02:00pm
Listed by:
Ryan Orr Home:765-212-1111,
RE/MAX Real Estate Groups
Bought with:
Realtor NonMember MEIAR
NonMember MEIAR
Source: IRMLS,MLS#: 202447333
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Features
- Eat-in Kitchen
- Flooring: Other
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 3,746
- Total interior livable area: 3,072 sqft
- Finished area above ground: 3,072
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 sqft
- Dimensions: 32x125
- Features: Level
Details
- Additional structures: None
- Parcel number: 181115126002.000003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Sevenplex
Materials
- Stone, Vinyl Siding, Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Muncie
- Subdivision: Other
HOA & financial
Other financial information
- Total actual rent: 53088