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Duplex with One-Car Garages

2805-2807 Skylark Drive, Muncie, IN 47304

For Sale
New
$185,000

Both residences have 12-month leases, and tenants pay their own electricity.

Property Size1,850 SF
Price / SF$100
Days on Market7

Property Features for 2805-2807 Skylark Drive

General Information

Standard status Active
Size 1,850 SF
Total Parking Spaces 4
Property subtype Multi Family Home
Occupancy 100%
Lease Term 1 Year

Financials

Gross Income $19,800
Average Monthly Rent $825

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Tenant in Place Yes

Building Details

Building Size 1,850 SF
Year Built 1969
Buildings 1
Stories 1
Units 2
Tenancy Multi
Listing Agency: Keri Hir
Listed By: Keri Hir · License IN #471006764
Source: Bigrealtyservices
Added: Nov 3 Changed: Nov 9 Last Checked: Nov 8 at 7:46PM

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 Keri Hir

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Investment Insights

Based on property information with market context.

This 1969 duplex in Muncie contains two residences, each with 2 bedrooms, 1 bathroom, approximately 925 square feet, and a one-car garage. The roof has been replaced, and flooring in Unit 2805 was updated approximately two years ago.

The property uses well water. Tenants pay for electricity, while the landlord covers trash service and sewer. Both units are occupied under 12-month leases.

Key Highlights

  • Two units, each with 2 bedrooms, 1 bathroom, and approximately 925 square feet
  • A one‑car garage is included with each unit
  • Built in 1969; roof replaced

Property Analytics

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
Median Home Value

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 - Both residences have 12-month leases, and tenants pay their own electricity.
Where is this duplex located?
The property is located at 2805-2807 Skylark Drive Muncie, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 bathroom, and approximately 925 square feet; A one‑car garage is included with each unit; Built in 1969; roof replaced
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