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Three-Unit Residential Income Property

708 W Jackson Street Muncie, IN 47305

708 W Jackson Street, Muncie, IN, 47305
$115,000
For Sale
$115,000

MULTI_FAMILY - Muncie, IN

Property Size2,700 SF
Lot Size0.09 Acres
Price / SF$42.59
Days on Market194

Property Features for 708 W Jackson Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Basement, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking
4
Standard status
Active
APN
18-11-09-460-014.000-003
Size
2,700 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
ALFRED KILGORE FIRST ADD BLK 1 EHLF LOT 7
Tax Annual Amount
1500

Building Details

Year built
1890
Floors in Building
2
Number of units
3
Flooring type
Laminate
Roof type
Shingle, Asphalt
Architectural style
Other
Listing agency RE/MAX Real Estate Groups
Listed by Ryan Kramer · License #RB14042267
Added: Jan 9 Updated: Jul 11 at 2:37AM Checked: Jul 22 at 10:06AM
MLS# 202600960

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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 three-unit residential income property is configured as two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three units are currently leased. The property is being marketed as an investment opportunity, with gross monthly rental income stated at $2,070 when fully occupied.

Located at 708 W Jackson Street in Muncie, Indiana, the listing notes the property is close to downtown Muncie. The landlord pays gas, while tenants are responsible for electricity, water, and sewage.

For buyers looking for an income-producing multi-family asset with multiple unit types, this layout offers a mix of two-bedroom and one-bedroom configurations under one roof. Because the units are already leased, it may appeal to investors and owner-operators seeking an in-place rental setup, with utility responsibilities divided between landlord and tenants as described in the offering materials.

Key Highlights

  • 3‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • All 3 units are currently leased
  • Gross monthly rental income at full occupancy is $2,070

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Pharmacy (Bike/Boat/Book/etc) Store Bakery Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Restaurant

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

FAQs

What type of property is this?
Triplex - Three leased units offer a steady rental setup with landlord-paid gas and tenant-paid electricity, water, and sewage.
Where is this triplex located?
The property is located at 708 W Jackson Street Muncie, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 3‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; All 3 units are currently leased; Gross monthly rental income at full occupancy is $2,070
Contact an agent
More about this property
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