Two-Home Multifamily
New
For Sale
$120,000
1307 S Ebright Street, Muncie, IN 47302
MULTI_FAMILY - Other - Muncie, IN
Property Size1,040 SF
Lot Size0.12 Acres
Price / SF$115.38
Days on Market1
Property Features for 1307 S Ebright Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 2
Parking
1
Parking features
Off Street
Basement
Block
Subdivision
Galliher(s)
Lot features
City/ Town/ Suburb, Level
Elementary school
Southview
Middle school
Southside
High school
Central
Elementary school district
Muncie Community Schools
Middle school district
Muncie Community Schools
High school district
Muncie Community Schools
Directions
Willard to Ebright. S to Property.
Standard status
Active
APN
181115405018000003
Size
1,040 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PARK PLACE S ADD LOT 62
Tax Annual Amount
904
Legal Description
PARK PLACE S ADD LOT 62
Utilities
Cooling system
Central Air
Building Details
Year built
1924
Number of units
2
Flooring type
Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
NextHome Elite Real Estate
(765) 729-5181
Listed By:
Rebekah Hanna · License #RB14034682,PersonLicenseNumber
(765) 760-4556
Added: Aug 11
Last Checked: Aug 11 at 8:06PM
MLS# 202632561
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 multifamily offering includes two separate residences situated on a 0.12-acre parcel. The primary home contains 1,040 square feet with three bedrooms, one bathroom, and an unfinished basement. The second residence measures approximately 400 square feet and includes one bedroom and one bathroom. Both homes feature carpet flooring, central air, shingle roofs, and off-street parking. The property was built in 1924.
The primary residence is leased through 3/31/2027, while the smaller home is leased through 6/30/2027. Tenants pay electric and gas directly, and water and sewer are billed back to them by the property manager. Located at 1307 S Ebright Street in Muncie, Indiana, the property offers an established two-residence layout for a multifamily portfolio.
The primary residence is leased through 3/31/2027, while the smaller home is leased through 6/30/2027. Tenants pay electric and gas directly, and water and sewer are billed back to them by the property manager. Located at 1307 S Ebright Street in Muncie, Indiana, the property offers an established two-residence layout for a multifamily portfolio.
Key Highlights
- Two residences occupy one 0.12‑acre parcel
- Primary home offers 1,040 SF, 3 bedrooms, 1 bathroom, and an unfinished basement
- Second residence measures approximately 400 SF with 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Separate residences on one parcel provide an income-producing configuration with current leases extending into 2027.
Where is this multifamily property located?
The property is located at 1307 S Ebright Street Muncie, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two residences occupy one 0.12‑acre parcel; Primary home offers 1,040 SF, 3 bedrooms, 1 bathroom, and an unfinished basement; Second residence measures approximately 400 SF with 1 bedroom and 1 bathroom
