Two-Unit
New
For Sale
$195,000
2805 Skylark Drive, Muncie, IN 47304
Both residences are occupied under current leases, with individual garages and separate utility arrangements.
Property Size1,850 SF
Price / SF$105.41
Days on Market2
Property Features for 2805 Skylark Drive
General Information
Standard status
Active
Size
1,850 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
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
Utilities to Site
Yes
Building Details
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
Cressy & Everett - South Bend
(574) 855-6219
Listed By:
Patton Hall
(574) 267-7501
Source:
Pattonhall
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 10:02PM
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 Cressy & Everett - South Bend
Investment Insights
Based on property information with market context.
This 1969 duplex at 2805 Skylark Drive in Muncie contains two tenant-occupied residences. Each unit has two bedrooms, one bathroom, approximately 925 square feet, and a one-car garage. The roof was replaced last year; flooring in Unit 2805 was updated approximately two years ago.
Both units are leased for 12-month terms. Tenants pay electricity, while the landlord covers trash service and sewer. The property relies on well water.
Both units are leased for 12-month terms. Tenants pay electricity, while the landlord covers trash service and sewer. The property relies on well water.
Key Highlights
- Two units, each with 2 bedrooms, 1 bathroom, approximately 925 square feet, and a one‑car garage
- Both units are tenant‑occupied on 12‑month leases
- Roof replaced last year
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under current leases, with individual garages and separate utility arrangements.
Where is this duplex located?
The property is located at 2805 Skylark Drive Muncie, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms, 1 bathroom, approximately 925 square feet, and a one‑car garage; Both units are tenant‑occupied on 12‑month leases; Roof replaced last year
