www.movingwithteammelton.com/homes/157895842
309
311 N Jefferson Street
Muncie,
IN
47306
Elementary School:
East Washington Academy
School District:
Muncie Community Schools
This 8-unit apartment building is conveniently located in downtown Muncie. These modern apartments have some exposed brick interior walls, all have separate meters for utilities. Each unit has separate water heaters, furnaces and central air conditioning units. Storage closet, mechanical closet, separate common area electric meter, 2 interior stairways. 7 units are currently leased. One unit, recently vacant, is being made ready for a new tenant. 6 units have two bedrooms, 2 units have one bedroom.
Exterior
Brick
Lot Description
Lake
Lot Dimensions
0X0
Outbuilding
None
Parking Spaces
0
Pool YN
No
Style
Two Story
Waterfront YN
No
Above Grade Bedrooms
14
Above Grade Finished Sqft
8220
Above Grade Unfin Sq Ft
0
Amenities
Eat-In KitchenWater Heater Electric
Basement Foundation
None
Basement YN
No
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
0
Cooling
Central Air
Dishwashers
0
Disposals
0
Dryers
0
Flooring
Vinyl
Heating Fuel
ElectricityForced Air
Main Level Sq Ft
4110
Microwaves
0
Ranges Ovens
8
Refrigerators
8
Rooms Below Grade
0
Total Baths
8
Total Below Grade Sqft
0
Total Sq Ft
8220
Unit1 Basement YN
No
Unit1 Bathrooms
1
Unit1 Bedrooms
2
Unit2 Basement YN
No
Unit2 Bedrooms
1
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
1
Unit4 Basement YN
No
Unit4 Bedrooms
1
Unit5 Basement YN
No
Unit5 Bedrooms
2
Unit6 Basement YN
No
Unit6 Bathrooms
1
Unit6 Bedrooms
2
Upper Level Sq Ft
4110
Wash Dry Hookups
0
Washers
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Rent
61308
Annual Insurance Expense
0
Annual Maint Expense
0
Annual Misc
0
Annual Net Income
59586
Annual Property Tax
1722
Annual Trash Expense
0
Annual Water Sewer Exp
0
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
1
Efficiencies
0
Electric Company
AEP/I&MNIPSCO
Electric Meters
9
Exemptions
No Exemptions
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Meters
7
Gross Monthly Income
5109
Gross Monthly Rent
5109
Inside City Limits
Yes
Lease Term
1 Year
New Construction
No
One Bedrooms
2
Owner Pays
Building InsuranceMaintenanceSewerTax
Owner Real Estate License YN
No
Permit Expiration
2024-11-09
Pet Restrictions YN
Yes
Planned Unit Dev YN
No
Property Sub Type
Apartment Building
Proposed Financing
CashConventional
Reo YN
No
Sale Includes
BuildingLand
Sewer
City
Tenant Pays
CoolingElectricFuelHeatingTrash CollectionWater
Three Bedrooms
0
Township
Center
Two Bedrooms
6
Unit1 Unit Rent
584
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2 Unit Rent
675
Unit2- Currently Rntd Y / N
Yes
Unit3 Unit Rent
650
Unit3- Currently Rntd Y / N
No
Unit3- Garage Y / N
No
Unit4 Unit Rent
650
Unit4- Currently Rntd Y / N
Yes
Unit4- Garage Y / N
No
Unit5 Unit Rent
675
Unit5- Currently Rntd Y / N
Yes
Unit5- Garage Y / N
No
Unit6 Unit Rent
675
Unit6- Currently Rntd Y / N
Yes
Unit6- Garage Y / N
No
Units Rented
7
Water Company
Indiana American Water Co
Water Meters
8
Water Utility
City
Year Taxes Payable
2024
Zoning Description
CENTRAL BUSINESS
Listing provided by Melanie White of Berkshire Hathaway Indiana Realty: Cell: 765-881-5451.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-16T00:28:26.393.
