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Duplex with Rear Addition
New
For Sale
$80,000

215 S Macedonia Ave, Muncie, IN 47305

The single-story frame building has three bedrooms and two full bathrooms across its two units.

Property Size2,128 SF
Lot Size0.10 Acres
Price / SF$37.59
Days on Market4

Property Features for 215 S Macedonia Ave

General Information

Standard status Active
Size 2,128 SF
Lot size 0.10 Acres
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence complete gut rehab

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Stories 1
Construction frame
Listing Agency: eXp Realty, LLC
Listed By: Evan Deal
Source: Exprealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:52AM

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 eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This vacant, two-unit duplex in Muncie is a single-story frame structure with a rear addition. The layout may be reworked, and some original wood flooring and trim remain. Building systems and interior finishes require extensive rehabilitation, including work to the roof and ceilings following water damage. The property has a crawl-space foundation, an asphalt roof, and central warm-air heat.

The building contains three bedrooms and two full bathrooms in total. It is located at 215 S Macedonia Ave in Muncie, Indiana.

Key Highlights

  • Two‑unit duplex with a rear addition
  • Three bedrooms and two full bathrooms in total
  • Single‑story frame construction with crawl‑space foundation

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The single-story frame building has three bedrooms and two full bathrooms across its two units.
Where is this duplex located?
The property is located at 215 S Macedonia Ave Muncie, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Two‑unit duplex with a rear addition; Three bedrooms and two full bathrooms in total; Single‑story frame construction with crawl‑space foundation
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