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Three-Unit Triplex with Leased Units
For Sale
$110,000

708 W Jackson Street, Muncie, IN 47305

MULTI_FAMILY - Muncie, IN

Property Size2,700 SF
Lot Size0.09 Acres
Price / SF$40.74
Days on Market20

Property Features for 708 W Jackson Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Basement
Parking 4
Lot features City/ Town/ Suburb, Level
Elementary school Southview
Middle school Northside
High school Central
Elementary school district Muncie Community Schools
Middle school district Muncie Community Schools
High school district Muncie Community Schools
Directions GPS Friendly
Subdivision Delaware County
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
Legal Description ALFRED KILGORE FIRST ADD BLK 1 EHLF LOT 7

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 · RE/MAX International
Listed By: Ryan Kramer · License #RB14042267
Added: Jul 21 Changed: Aug 5 Last Checked: Aug 9 at 9:06AM
MLS# 202629246

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 triplex includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three units are currently leased. The property totals 2,700 square feet on a 0.09-acre lot and was built in 1890. Laminate flooring is listed as part of the interior finishes.

The roof is identified as asphalt shingle. In terms of utilities, the landlord pays gas, while tenants pay electricity, water, and sewage.

The property includes basement space, along with bedrooms and bathrooms corresponding to the three units. With all units leased, the configuration is designed to support ongoing rental operations.

Key Highlights

  • Three‑unit triplex with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • All three units currently leased
  • 2,700 SF triplex on a 0.09‑acre lot

Property Analytics

Current Use

Triplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 47305, IN

3,629
Population
2,512
Households
1.4
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
1.3 sq mi
ZIP Area
2,792
Density / Sq Mi
$33,125
Median Household Income
$30,648
Median Earnings
$744
Median Rent
$77,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with two 2-bedroom units and one 1-bedroom unit, all currently leased.
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 $110,000.
What are key features of this property?
This property features: Three‑unit triplex with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; All three units currently leased; 2,700 SF triplex on a 0.09‑acre lot
More about this property
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