67-Unit Apartment
For Sale
Contact for pricing
Pending
714 S Cole Ave, Muncie, IN 47303
Multi-property apartment portfolio with renovated units and extensive improvements across a concentrated Muncie area.
Property SizeContact for details
Days on Market143
Property Features for 714 S Cole Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
67
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
Aaron Kuroiwa · License #IN RB17000780
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:34PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This multifamily portfolio comprises 67 units across four apartment properties in Muncie, Indiana. Midtown at Cole Street has received extensive physical upgrades, including refreshed kitchens and bathrooms, new appliances, lighting, drywall, trim, paint, exterior doors, electronic locks, vinyl plank flooring, roofs, water heaters, signage, mailboxes, and resurfaced parking areas. Laundry facilities and electrical systems were also improved. Portions of the other properties have been renovated with comparable finishes.
Midtown at Cole Street, Ethel Apartments, Sandalwood Apartments, and Riveredge Apartments are located within 0.9 miles of one another. The properties are positioned north of the White River, in the northern half of Muncie. The concentrated four-property layout combines renovated units with additional opportunity to improve apartment finishes across the portfolio.
Midtown at Cole Street, Ethel Apartments, Sandalwood Apartments, and Riveredge Apartments are located within 0.9 miles of one another. The properties are positioned north of the White River, in the northern half of Muncie. The concentrated four-property layout combines renovated units with additional opportunity to improve apartment finishes across the portfolio.
Key Highlights
- 67 multifamily units across four apartment properties
- Four properties located within 0.9 miles of one another
- Midtown at Cole Street features renovated kitchens, bathrooms, appliances, flooring, roofs, and water heaters
Property Analytics
Property Profile
Current Use
Lease Details
67
Residential units
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
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 - Multi-property apartment portfolio with renovated units and extensive improvements across a concentrated Muncie area.
Where is this apartment building located?
The property is located at 714 S Cole Ave Muncie, IN.
What are key features of this property?
This property features: 67 multifamily units across four apartment properties; Four properties located within 0.9 miles of one another; Midtown at Cole Street features renovated kitchens, bathrooms, appliances, flooring, roofs, and water heaters
