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Renovation-Ready Duplex for Sale

1205 S Jefferson Street Muncie, IN 47302

New
1205 S Jefferson Street, Muncie, IN, 47302
$50,000
For Sale
Claim this Listing
$50,000

MULTI_FAMILY - Muncie, IN

Property Size1,876 SF
Lot Size0.11 Acres
Price / SF$26.65
AddedJul 10
Days on Market6
Last RefreshJul 15 at 5:06 pm

Property Features for 1205 S Jefferson Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Basement
Basement
Block
Standard status
Active
APN
18-11-15-303-021.000-003
Size
1,876 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
SWAIN SUB LOT 3

Building Details

Year built
1898
Floors in Building
2
Number of units
2
Flooring type
Laminate, Wood
Architectural style
Other

Listing agent James Meredith License #RB24001350

Listing office NextHome Elite Real Estate 1806 W McGalliard Rd, Muncie, IN

Listing date Jul 10, 2026

MLS# 202627555

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 for-sale duplex at 1205 S Jefferson Street includes two separate units and is offered as-is, with the opportunity for a complete renovation. The property is positioned for investors and rehabbers seeking a value-add project with two-unit income potential.

The address is 1205 S Jefferson Street in Muncie, Indiana, within Delaware County. The listing also notes the possibility of converting the layout back into a single-family home, depending on scope and approvals.

The property sits on a 0.11-acre lot and totals 1,876 square feet. With heavy renovation already anticipated, the starting point is a blank-canvas duplex structure designed to support a range of post-rehab configurations.

Key Highlights

  • Duplex at 1205 S Jefferson St and 1205 1/2 S Jefferson St, sold as‑is
  • Built in 1898 with wood and laminate flooring
  • Two separate units with flexibility to rent both, live in one, or convert back to a single‑family home

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Computer & Electronic Repair Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Catering Service (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - Duplex with two separate units at 1205 S Jefferson Street, sold as-is and ready for renovation.
Where is this duplex located?
The property is located at 1205 S Jefferson Street Muncie, IN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Duplex at 1205 S Jefferson St and 1205 1/2 S Jefferson St, sold as‑is; Built in 1898 with wood and laminate flooring; Two separate units with flexibility to rent both, live in one, or convert back to a single‑family home
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