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Renovation-Ready Duplex for Investors

1205 S Jefferson Street Muncie, IN 47302

1205 S Jefferson Street, Muncie, IN, 47302
$50,000
For Sale
$50,000

Residential Multi Family, Other - Muncie, IN

Property Size1,876 SF
Lot Size0.11 Acres
Price / SF$26.65
Days on Market9

Property Features for 1205 S Jefferson Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Standard status
Active
Size
1,876 SF
Lot size
0.11 Acres

Building Details

Year built
1898
Architectural style
Other
Listing Agency NextHome Elite Real Estate
1806 W McGalliard Road, IN
Listed by Meredith Real Estate Team · License #PersonLicenseNumber
Added: Jul 10 Checked: Jul 18 at 5:06 am
MLS# 202627555 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovation-ready duplex offers two separate units under one property package at 1205 and 1205 1/2 S Jefferson Street. The home is being sold as-is and is positioned for a complete renovation, giving the right buyer the ability to tailor finishes and layout decisions to their plan. With two units already in place, the property provides flexibility for dual rental income or for an owner-occupant approach while one unit is rented.

The property is located in Muncie, Indiana 47302. It includes a total stated property size of 1,876 square feet on a 0.11-acre lot.

For buyers considering alternate configurations, the listing also notes the possibility of converting the duplex back into a single-family home. Bring your contractor and renovation plan—this is a blank-canvas residential income property built for customization.

Key Highlights

  • Duplex at 1205 & 1205 1/2 S Jefferson Street offers two separate units for dual rental income
  • Year built 1898
  • Sold as‑is

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Computer & Electronic Repair Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Catering Service (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two separate units at 1205 and 1205 1/2 S Jefferson Street, sold as-is and ready for renovation.
Where is this duplex located?
The property is located at 1205 S Jefferson Street Muncie, IN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Duplex at 1205 & 1205 1/2 S Jefferson Street offers two separate units for dual rental income; Year built 1898; Sold as‑is
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