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Sold on 01/07/2025

511 E Jackson St, Muncie, IN 47305

$180,284

Last sold 01/07/2025 for $110K

  • 3

    bed

  • 3

    bath

  • 2,448

    Sqft

Multi-family not for sale
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About 511 E Jackson St

Property type Multi-family
Neighborhood
Year built 1885
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
Great investment opportunity! This 3 unit property includes 3 1 BR 1 BA units. Updates have been completed including a water heater and many units have recent flooring and paint.. Total rents are $2,250 per month. Owner pays utilities. Can be bought in a package with 509 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!
Listed by
Listing Agent - Ryan Orr
Listing Agent Contact: Home: 765-212-1111
Listing Office - RE/MAX Real Estate Groups
Source: IRMLS mls logo
MLS#202447328 • last updated 1 year ago
Movoto checked IRMLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Gas, Wall Heater
Levels/Style 2, Two Story
Status Sold
MLS # 202447328
Type INVESTMENT
SubType Triplex
SqFt (Total) 2448
SqFt (Finished) 2448
Lot Size (SqFt) 4356
L:ot Size (Acres) 0.1
Property Taxes 1330
Foreclosure (Y/N) No
Year Built 1885
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 3
Interior
Total # Bathrooms 3
# Full Baths 3
Total # Bedrooms 3
Flooring Other
Exterior
Exterior Other
Basement/ Foundation Crawl
Lot Dimensions 35x125
Other Structure(s) None
Lot Desc Level
Amenities / Utilities
Sewer City
Water City
Amenities Eat-In Kitchen
Location
Area Delaware County
Subdivision Other
High School Central
Middle School Southside
Elementary School East Washington Academy
School District Muncie Community Schools
APN 18-11-15-126-003.000-003
Waterfront Y/N No
Multifamily Details
Owner Pays Electric, Fuel, Sewer, Trash Collection, Water
Expense: Miscellaneous 1
Tenant Pays None
Annual Net Income 18998.01
Expense: Maintenance 1381.8
Gross Monthly Rent $ 2250
Annual Gross Rent $ 27000
$180K
Range: $162K-$198K
Last 30 days 
  • Dec 2024
    mls logo MLS # 202447328
  • Dec 16, 2024 Listed
    $114,900
  • 511 E Jackson St
    $110K
  • East Central
    $134K -40% y/y
  • 47305
    $134K +35% y/y
  • Muncie
    $159K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
East Washington Academy
public Grades PK, K-5
Muncie Community Schools
3/10
Muncie Central High School
public Grades PK, K-12
Muncie Community Schools
4/10
Northside Middle School
public Grades 6-8
Muncie Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

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