Property profile

401 Jackson St Muncie, IN 47305

OFF-MARKET
Residential income homes
Property ID
US31-2047996
9,600 SF 0.29 ac lot Built 1992
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 9,600 SF
Lot 0.29 ac (12,436 SF)
APN 18-11-15-104-001.000-003
UPID US31-2047996

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • County Government Office
  • Ambulance Service

Location

401 Jackson St Muncie, IN 47305-1804
Muncie metro Census 2800 MUNCIE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$610k

Owner & transaction history

since 2021
Last sale
$3,800
1 recorded transaction
2021
$3,800

Zoning & alternative use

Top alternative use upside
Restaurant $870,000 +42.6%
Auto repair, garage $825,000 +35.0%
Medical building $670,000 +9.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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