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Three-Property Multifamily Package
For Sale
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Pending

1413 W North Street, Muncie, IN 47303

Package includes three separately addressed properties with lease terms extending through 2025 and 2026.

Property Size5,522 SF
Days on Market552

Property Features for 1413 W North Street

General Information

Standard status Pending
Size 5,522 SF
Property subtype Multifamily

Building Details

Year Built 1925
Buildings 3
Stories 2
Units 3
Listing Agency: Kramer Real Estate Group
Listed By: Ryan Kramer · License #RB14042267
Source: Crexi
Added: Feb 26, 2025 Changed: Aug 30 Last Checked: Aug 31 at 9:30PM

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 Kramer Real Estate Group

Investment Insights

Based on property information with market context.

This multifamily offering comprises three separately addressed properties: 1413 W North Street, 834 W North Street, and 812 W University Avenue in Muncie, Indiana. The property record identifies 1413 W North Street as 5,522 in property size and dates the improvements to 1925.

Lease terms are identified for each address, with 1413 W North Street extending through 7/31/2026 and the other two properties extending through 7/31/2025. The assets are offered together as a package, providing one transaction across three Muncie multifamily properties.

Key Highlights

  • Three‑property multifamily package
  • Includes 1413 W North Street, 834 W North Street, and 812 W University Avenue in Muncie, IN
  • 1413 W North Street lease term extends through 7/31/2026

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service HVAC Service Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

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?
Multifamily property - Package includes three separately addressed properties with lease terms extending through 2025 and 2026.
Where is this multifamily property located?
The property is located at 1413 W North Street Muncie, IN.
What are key features of this property?
This property features: Three‑property multifamily package; Includes 1413 W North Street, 834 W North Street, and 812 W University Avenue in Muncie, IN; 1413 W North Street lease term extends through 7/31/2026
(765) 717-2489 Call to check price and availability
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