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Duplex with Updated Interiors
For Sale
$139,900

216 S Dill Street, Muncie, IN 47303

INVESTMENT, Two Story, Muncie, IN

Property Size1,440 SF
Lot Size0.20 Acres
Price / SF$97.15
Days on Market49

Property Features for 216 S Dill Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking 2
Basement Block
Lot features City/ Town/ Suburb, Level
Elementary school Westview
Middle school Northside
High school Central
Elementary school district Muncie Community Schools
Middle school district Muncie Community Schools
High school district Muncie Community Schools
Directions West Jackson to Dill, South to first house on left
Subdivision Delaware County
Standard status Active
APN 18-11-16-103-002.000-003
Size 1,440 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Westside Add Lot 963
Legal Description Westside Add Lot 963

Amenities

stackable washer/dryer

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Carpet
Roof type Shingle
Architectural style Other
Listing Agency: NextHome Elite Real Estate
Listed By: Kathy J Smith · License #36823
Added: Jul 27 Changed: Sep 12 Last Checked: Sep 13 at 7:06PM
MLS# 202630222

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 1,440-square-foot duplex includes two separate residences with different configurations. One unit spans two levels, with a living room and kitchen on the main floor plus two bedrooms and a bathroom above. The second residence is single-level and contains a living room, bedroom, kitchen, and bathroom. Both units are currently vacant.

Recent improvements include fresh paint, new flooring and carpet, and updated appliances. Each residence has a refrigerator and range, while a stackable washer and dryer serves both units. The property occupies 0.2 acres at 216 S Dill Street in Muncie, Indiana. Built in 1900, the building also includes a shingle roof and basement.

Key Highlights

  • 1,440 SF duplex on a 0.2‑acre lot
  • One two‑story unit and one single‑level unit
  • Both residences are currently vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery Electrical Service Storage Facility Big Box & Wholesale Store HVAC Service Carpet & Flooring Store

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

868
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 with distinct floor plans, shared laundry, and included kitchen appliances.
Where is this duplex located?
The property is located at 216 S Dill Street Muncie, IN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 1,440 SF duplex on a 0.2‑acre lot; One two‑story unit and one single‑level unit; Both residences are currently vacant
More about this property
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