The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Muncie, IN 47305 509 E Jackson Street

$199,900

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Presented By: Ryan Orr with RE/MAX Real Estate Groups; Home: 765-212-1111
  • MLS# 202447333
  • 12/16/2024
  • Get pre-approved
  • Request Tour
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  • Beds • 3
  • Baths • 7
  • SQFT • 3,072

Home Details

Great investment opportunity! This 7 unit property includes 6 units in the main house and another unit located behind the house. Many updates have been completed including newer paint and flooring, most plumbing has been redone, gas wall heaters in every unit, sump pump in the basement, and water heater. 6 of the 7 units are currently rented. Total rents are $3,949 per month. Owner pays utilities. Can be bought in a package with 511 E Jackson St. Located near downtown Muncie and only minutes from shopping and restaurants. Don't miss out on this income producing property!
Presented By: Ryan Orr with RE/MAX Real Estate Groups; Home: 765-212-1111

Interior Features for 509 E Jackson Street

Bedrooms

Num. of 1 Bedrooms3
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms1
Unit 5-# of Bedrooms1
Unit 6-# of Bedrooms1
Above Grade Bedrooms7
Beds7
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt3072
Basement Y/NYes
Above Grade Finished SqFt3072
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt674
Main Level SqFt1716
Num. of Efficiencies4
BasementCrawl, Partial Basement
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringOther
Microwaves
Ranges/Ovens7
Refrigerators7
Total Number of Units7
W/D Hookups
Washers

Other Rooms

Total Rooms Below Grade

General for 509 E Jackson Street

Age124
Agent First NameRyan
Agent Last NameOrr
Annual Electric Expense5169.07
Annual Fuel Expense1166.79
Annual Insurance Expense1
Annual Trash Expense
AreaDelaware County
Assoc. Dues FrequencyNot Applicable
Associated Document Count4
Auction Y/NNo
Bathrooms7
CityMuncie
ClassINVESTMENT
CoolingNone
DOM9
Elementary SchoolEast Washington Academy
FIPS Code18035
FeaturesEat-In Kitchen
Full Baths7
Half Baths
HeatingGas, Wall Heater
High SchoolCentral
Legal DescriptionCOFF 1 ADD E 32 FT OF W 94 1/2 FT LOT 3-4
Middle SchoolSouthside
Net Income40754.23
New ConstructionNo
OwnerPaysElectric, Fuel, Lawn Maintenance, Water
Pet Restrictions Y/NNo
REONo
Rent Income53088
School DistrictMuncie Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionOther
Tax Year2024
Tenant PaysNone
Total Sq Ft3746
TownshipCenter
TypeSevenplex
Year Built1900

Exterior for 509 E Jackson Street

Approx. Lot Size Acres0.09
ExteriorStone, Vinyl, Other
Lot DescriptionLevel
Lot Dimensions32x125
Lot Size Area3920
Number of Parking Spaces4
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Southside Middle School
High School Central High School
Elementary School East Washington Academy Elementary School

Ryan Orr

Associate
Price $199,900
MLS#202447333
List Date 12/16/2024
Property Type Multi-Family
Phone (765) 744-9500
Get pre-approved
Request Tour
Request Info
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IRMLS is the source of information. . “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.” Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last refreshed on December 26, 2024. The materials contained within this page may not be reproduced without the express written consent of RE/MAX Real Estate Groups, LLC and Patrick and Ryan Orr of The ORR Home Selling Team. RE/MAX®, Above the Crowd®, Outstanding Agents®, Outstanding Results®, the red-over-white-over blue horizontal bar design and the RE/MAX graphic hot air balloon logo are among the registered service marks of RE/MAX International, Inc. RE/MAX International’s marks may not be used in any way without receiving RE/MAX International’s prior express written permission. All real estate advertised herein is subject to the “Federal Fair Housing Act”, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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