Renovated 12-Unit Apartment
For Sale
Contact for pricing
Pending
326 W Charles Street, Muncie, IN 47305
Historic architectural details, in-unit appliances, laundry, and a workout facility serve a 12-unit residential configuration.
Property Size12,860 SF
Days on Market145
Property Features for 326 W Charles Street
General Information
Standard status
Pending
Size
12,860 SF
Net Rentable
8,757 SF
Total Parking Spaces
15
Property subtype
Special Purpose
Units
Unit Mix
5 x 1BR, 5 x 2BR, 2 x deluxe 2BR
Multifamily Units
12
Additional Details
Opportunity Zone
Yes
Sprinkler System
Yes
Amenities
laundry facility
workout facility
Building Details
Year Built
1929
Listing Agency:
Coldwell Banker Commercial Lunsford Real Estate
Listed By:
jerry Wise · License #RB14043416
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 6:43PM
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 Coldwell Banker Commercial Lunsford Real Estate
Investment Insights
Based on property information with market context.
Originally constructed as a church in 1929, the building has been converted and renovated into 12 apartment units. The 12,860-square-foot property includes 8,757 square feet of living and rentable area, along with laundry and workout facilities. Apartments include heat pumps, 100 AMP electrical panels, refrigerators, stoves, dishwashers, microwaves, garbage disposals, and keyless locks. Original trim and a terrazzo entry floor remain part of the interior character.
The property has fire suppression, a fully adhered roof approximately 10 years old, and three sump pumps consisting of two 90-gallon units and one 60-gallon unit. Parking includes 14 spaces plus one ADA-accessible space, with an ADA ramp providing building access. The landlord pays for water and sewage. The property is located within an opportunity zone.
The property has fire suppression, a fully adhered roof approximately 10 years old, and three sump pumps consisting of two 90-gallon units and one 60-gallon unit. Parking includes 14 spaces plus one ADA-accessible space, with an ADA ramp providing building access. The landlord pays for water and sewage. The property is located within an opportunity zone.
Key Highlights
- Renovated 1929 church converted into 12 apartment units
- 12,860 SF building with 8,757 SF of living/rentable area
- Unit features include heat pumps, 100 AMP panels, and full kitchen appliances
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,223
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Historic architectural details, in-unit appliances, laundry, and a workout facility serve a 12-unit residential configuration.
Where is this apartment building located?
The property is located at 326 W Charles Street Muncie, IN.
What are key features of this property?
This property features: Renovated 1929 church converted into 12 apartment units; 12,860 SF building with 8,757 SF of living/rentable area; Unit features include heat pumps, 100 AMP panels, and full kitchen appliances
