Three-Unit Residential Income
For Sale
$115,000
708 W Jackson Street, Muncie, IN 47305
MULTI_FAMILY - Muncie, IN
Property Size2,700 SF
Lot Size0.09 Acres
Price / SF$42.59
Days on Market203
Property Features for 708 W Jackson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3
Parking
4
Lot features
City/ Town/ Suburb, Level
Elementary school
Southview
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
GPS Friendly
Subdivision
Delaware County
Standard status
Active
APN
18-11-09-460-014.000-003
Size
2,700 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALFRED KILGORE FIRST ADD BLK 1 EHLF LOT 7
Tax Annual Amount
1500
Legal Description
ALFRED KILGORE FIRST ADD BLK 1 EHLF LOT 7
Building Details
Year built
1890
Floors in Building
2
Number of units
3
Flooring type
Laminate
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
RE/MAX Real Estate Groups · RE/MAX International
(765) 288-0400
Listed By:
Ryan Kramer · License #RB14042267
(765) 717-2489
Added: Jan 9
Changed: Jul 29
Last Checked: Jul 31 at 4:06AM
MLS# 202600960
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 three-unit residential income property is configured as two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three units are currently leased. The property is being marketed as an investment opportunity, with gross monthly rental income stated at $2,070 when fully occupied.
Located at 708 W Jackson Street in Muncie, Indiana, the listing notes the property is close to downtown Muncie. The landlord pays gas, while tenants are responsible for electricity, water, and sewage.
For buyers looking for an income-producing multi-family asset with multiple unit types, this layout offers a mix of two-bedroom and one-bedroom configurations under one roof. Because the units are already leased, it may appeal to investors and owner-operators seeking an in-place rental setup, with utility responsibilities divided between landlord and tenants as described in the offering materials.
Located at 708 W Jackson Street in Muncie, Indiana, the listing notes the property is close to downtown Muncie. The landlord pays gas, while tenants are responsible for electricity, water, and sewage.
For buyers looking for an income-producing multi-family asset with multiple unit types, this layout offers a mix of two-bedroom and one-bedroom configurations under one roof. Because the units are already leased, it may appeal to investors and owner-operators seeking an in-place rental setup, with utility responsibilities divided between landlord and tenants as described in the offering materials.
Key Highlights
- 3‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- All 3 units are currently leased
- Gross monthly rental income at full occupancy is $2,070
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,121
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?
Triplex - Three leased units offer a steady rental setup with landlord-paid gas and tenant-paid electricity, water, and sewage.
Where is this triplex located?
The property is located at 708 W Jackson Street Muncie, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 3‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; All 3 units are currently leased; Gross monthly rental income at full occupancy is $2,070
