8-Unit Apartment
415 E Gilbert St, Muncie, IN 47305
For Sale
Contact for pricing
All eight one-bedroom apartments are occupied, with flooring updates in most units and electrical work completed in parts of the property.
Property SizeContact for details
Days on Market28
Property Features for 415 E Gilbert St
General Information
Standard status
Property subtype
Occupancy
Financials
Asking Price
Gross Income
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Listing Agency:
Majer Management
Listed By:
Yita majerovic · License IN RB21002548
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 2:18PM
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 Majer Management
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Investment Insights
Based on property information with market context.
This 8-unit apartment building contains eight one-bedroom units, all currently occupied. Most apartments have new flooring, and electrical upgrades—including replacement panel boxes—have been completed in portions of the property.
The property is in Muncie, approximately 6 minutes from Ball State University. Showings require 48 hours’ notice.
The property is in Muncie, approximately 6 minutes from Ball State University. Showings require 48 hours’ notice.
Key Highlights
- Eight one‑bedroom apartments; all are currently occupied
- Most units have new flooring
- Electrical improvements, including new panel boxes, completed in portions of the property
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - All eight one-bedroom apartments are occupied, with flooring updates in most units and electrical work completed in parts of the property.
Where is this apartment building located?
The property is located at 415 E Gilbert St Muncie, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Eight one‑bedroom apartments; all are currently occupied; Most units have new flooring; Electrical improvements, including new panel boxes, completed in portions of the property
