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67-Unit Student Housing Apartments
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816 N New York Avenue, Muncie, IN 47303

Brick residential buildings provide varied floor plans, a leasing office, and shared resident amenities across from campus.

Property SizeContact for details
Days on Market145

Property Features for 816 N New York Avenue

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 67

Amenities

washer/dryer
window coverings
carpet
central air conditioning
stove
refrigerator
garbage disposal
microwave
dishwasher
living room ceiling fan
community lounge
complimentary breakfast and snack bar
free Coke products
wireless internet
DVD check out system

Building Details

Buildings 6
Construction brick
Listing Agency: XMARK Midwest
Listed By: Michael Wernke · License #IN RB14038060
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:53PM

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 XMARK Midwest

Investment Insights

Based on property information with market context.

This student housing property includes six brick residential buildings with 67 units and a dedicated leasing office. Construction dates range from 1968 to 1995, and available unit features may include in-unit laundry, window coverings, carpet, central air conditioning, kitchen appliances, dishwashers, and living room ceiling fans. Unit amenities vary by residence.

Residents have access to a community lounge with complimentary breakfast and a snack bar, along with a fountain machine serving free Coke products. Wireless internet and a complimentary DVD checkout system are also provided. The property is located at 816 N. New York Avenue in Muncie, Indiana, directly across from campus for a short student commute.

Key Highlights

  • Six brick residential buildings with 67 total units
  • Dedicated leasing office on the property
  • Construction dates spanning between 1968 and 1995

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy HVAC Service Electrical Service Building Supply Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

67
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick residential buildings provide varied floor plans, a leasing office, and shared resident amenities across from campus.
Where is this apartment building located?
The property is located at 816 N New York Avenue Muncie, IN.
What are key features of this property?
This property features: Six brick residential buildings with 67 total units; Dedicated leasing office on the property; Construction dates spanning between 1968 and 1995
More about this property
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