Building Details

Year Built 1890

Year Renovated 2008

Listing Agency: RE/MAX Real Estate Groups

Listed By: Ryan Orr · License #RB14034624 Show Phone

Source: Spencerchildersgroup

Added: Oct 7 Last Checked: Oct 7 at 2:38PM

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Investment Insights

Based on property information with market context.

This 2,744-square-foot duplex, built in 1890, contains a two-story south residence with five bedrooms and 2.5 bathrooms, plus a separate apartment in the north unit. The property has a gas-log fireplace and thermal windows. Major work around 2008 included updates to wiring, plumbing, heating, siding, and windows after the interior was taken down to the studs.

Tenants cover utilities other than water and sewer.

Key Highlights

• 2,744 square feet across two units
• South unit has five bedrooms and 2.5 bathrooms across two stories
• North unit is a separate apartment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Storage Facility Bakery Food Market Computer & Electronic Repair

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

923

Businesses Nearby

Explore this area Business Placement

Demographics for 47303, IN

24,069

Population

11,567

Households

2.1

Avg Household Size

30

Median Age

25%

College-Educated

90%

High-School Grad

58.0 sq mi

ZIP Area

415

Density / Sq Mi

$42,556

Median Household Income

$22,497

Median Earnings

$883

Median Rent

$106,600

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?

Duplex - The two-unit layout includes a two-story residence and a fully separate apartment.

Where is this duplex located?

The property is located at 107 S Dicks St Muncie, IN.

What is the asking price?

The asking price for this property is $229,900.

What are key features of this property?

This property features: 2,744 square feet across two units; South unit has five bedrooms and 2.5 bathrooms across two stories; North unit is a separate apartment