708 West Jackson Street Muncie, IN 47305

Building Details

Year Built

1890

Listing agency RE/MAX Real Estate Groups r***@kramerrealestategroup.com Show Phone

Listed by Ryan Kramer · License #RB14042267 Show Phone

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Added: Jan 2 Updated: Jul 21 at 12:50PM Checked: Jul 21 at 12:50PM

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Investment Insights

Based on property information with market context.

This leased triplex offers three residential units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three units are currently leased, with gross monthly rental income reported at full occupancy. The landlord pays gas, while tenants are responsible for electricity, water, and sewage.

Located at 708 West Jackson Street in Muncie, the property is described as being close to downtown. The current tenancy and utility split make it a straightforward income-oriented residential offering.

Unit mix consists of two larger layouts and one smaller unit, providing a total of three individually leased apartments within the same building.

Key Highlights

• 3‑unit triplex with all three units currently leased
• Unit mix: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
• Gross monthly rental income at full occupancy is $2,070; landlord pays gas

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FAQs

What type of property is this?

Triplex - Triplex with three leased units: two 2-bedroom/1-bath and one 1-bedroom/1-bath.

Where is this triplex located?

The property is located at 708 West Jackson Street Muncie, IN.

What is the asking price?

The asking price for this property is $124,999.

What are key features of this property?

This property features: 3‑unit triplex with all three units currently leased; Unit mix: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Gross monthly rental income at full occupancy is $2,070; landlord pays gas