$479,000

309-311 N Jefferson St Muncie, IN 47306

$5,688
Closing credit¹
0.09 acres
Multi-Family

Property details

About 309-311 N Jefferson St

This 8 unit apartment building is conveniently located in downtown Muncie. These modern apartments have some exposed brick interior walls. Each unit has separate electric, gas, and water meters. Each unit has a separate electric panel, water heater, heat pump/central air conditioning unit and furnace. 6 units are currently rented. 2 units are ready for new tenants. One unit is a handicap accessible unit. 6 units have 2 bedrooms, 2 units have 1 bedroom. Rent potential is approximately $62,000 +/- year. Located in the Gilbert Historic District and zoned Central Business

Highlights

Home typeMulti Family
HeatingElectric, Natural Gas, Forced Air, Multi Unit(s)
StatusActive
CoolingCentral Air, Heat Pump, Multi Unit(s)
Lot size0.09 Acres
Year built1916
MLS #202506515

Virtual tour

Summary

  • MLS Number: 202506515
  • Office Name: Berkshire Hathaway Indiana Realty
  • Office Phone: (765) 881-5451
  • Listing Agent: Melanie White

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$479,000

309-311 N Jefferson St

$5,688

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

East Washington Academy

Public District PK-5

0.5 mi

1000 E Washington St

2

South View Elementary School

Public District PK-5

1.2 mi

2100 S Franklin St

4

Longfellow Elementary School

Public District PK-5

1.4 mi

1900 E Centennial Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,917. Typical income of Muncie, IN residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

69%
<35k
27%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
12%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
44%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Muncie, IN

About 309-311 N Jefferson St

This home is located at 309-311 N Jefferson St in Muncie, IN and zip code 47305. This home, which was built in 1916, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $479,000.

In February 2025 more than 11 listings in Muncie, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 52 were sold below. The number of homes for sale in Muncie, IN increased by 2.4% between January and February 2025. In February 2025 median list price was $145,323 and the average listing age was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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