Five-Unit Apartment Building with
For Sale
Contact for pricing
111 N Liberty St, Muncie, IN 47305
Fully occupied multifamily property with remodeled units, separate electric metering, and an unfinished loft with additional conversion potential.
Property SizeContact for details
Days on Market144
Property Features for 111 N Liberty St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
RE/MAX Real Estate Solutions
Listed By:
Sherri Humes · License #IN RB14047851
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Solutions
Investment Insights
Based on property information with market context.
Located at 111 N Liberty St, this 4,215-square-foot apartment building contains five units and is fully occupied. Several residences have been remodeled, and the property is described as being in nice condition. A large partially finished loft includes a bathroom, kitchen area with cabinets and appliances, and its own entrance, creating potential for a sixth unit as completed. The loft is identified as Unit #6 in the property information.
Each unit has a separate electric meter. Current building electrical use includes a small owner-paid account for the exterior, hallway, and building lights, while future leases may assign tenant responsibility for rents and electrical service. Parking is shared with the neighboring Main Street property. The building at 111 N Liberty St also includes one rented industrial/commercial-grade heater.
Each unit has a separate electric meter. Current building electrical use includes a small owner-paid account for the exterior, hallway, and building lights, while future leases may assign tenant responsibility for rents and electrical service. Parking is shared with the neighboring Main Street property. The building at 111 N Liberty St also includes one rented industrial/commercial-grade heater.
Key Highlights
- 4,215 SF apartment building with 5 units
- Fully occupied with several remodeled units
- Partially finished loft includes bathroom, kitchen area, cabinets, and appliances
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with remodeled units, separate electric metering, and an unfinished loft with additional conversion potential.
Where is this apartment building located?
The property is located at 111 N Liberty St Muncie, IN.
What are key features of this property?
This property features: 4,215 SF apartment building with 5 units; Fully occupied with several remodeled units; Partially finished loft includes bathroom, kitchen area, cabinets, and appliances
