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Duplex Property Requiring Renovation
For Sale
$42,500

1205 S Jefferson St, Muncie, IN 47302

Two-unit residential property offered as-is with renovation required.

Property Size1,876 SF
Price / SF$22.65
Days on Market29

Property Features for 1205 S Jefferson St

General Information

Standard status Active
Size 1,876 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence ready for a complete renovation

Additional Details

Multifamily Units 2

Building Details

Year Built 1898
Listing Agency: NextHome Elite Real Estate
Listed By: James Meredith · License #RB24001350
Source: Kmsrealestategroup
Added: Jul 31 Changed: Aug 28 Last Checked: Aug 28 at 3:50AM

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 NextHome Elite Real Estate

Investment Insights

Based on property information with market context.

Built in 1898, this 1,876-square-foot duplex contains two separate residential units and requires a complete renovation. The property is being offered in as-is condition, providing a renovation-focused project at 1205 S Jefferson St in Muncie, Indiana.

Key Highlights

  • Two separate residential units
  • 1,876 square feet
  • Built in 1898

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Computer & Electronic Repair Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

757
Businesses Nearby

Demographics for 47302, IN

25,704
Population
12,625
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
65.2 sq mi
ZIP Area
394
Density / Sq Mi
$47,185
Median Household Income
$31,795
Median Earnings
$865
Median Rent
$70,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two-unit residential property offered as-is with renovation required.
Where is this duplex located?
The property is located at 1205 S Jefferson St Muncie, IN.
What is the asking price?
The asking price for this property is $42,500.
What are key features of this property?
This property features: Two separate residential units; 1,876 square feet; Built in 1898
More about this property
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