1205 S Jefferson Street Muncie, IN $ 50,000
1205 S Jefferson Street
$ 50,000
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1205 S Jefferson Street

Muncie, IN, 47302
$ 50,000
Bedrooms2 Baths2.0 Sq 1,876

Monthly Estimate*

$ 316

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Multi-Family Home for sale in Muncie, IN

for $50,000 with 2 bedrooms and 2 full baths. This 1,876 square foot home was built in 1898.

Calling all investors and rehab enthusiasts! Heres your opportunity to bring new life to 1205 & 1205 1/2 S Jefferson Street. This duplex is ready for a complete renovation and offers incredible potential for those looking to expand their rental portfolio, create a value-add investment, or tackle their next flip project. Featuring two separate units, this property provides the flexibility to generate dual rental income, live in one unit while renting the other, or explore the possibility of converting it back into a spacious single-family home. With the heavy lifting left to your vision, this is the perfect blank canvas to design, renovate, and maximize its future value.Whether youre an experienced investor or searching for your next renovation project. Bring your contractor, your creativity, and your plansthis property is ready for its next chapter. Sold As-Is.

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Multi-Family Active

Price

$ 50,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1898

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202627555

Features
General
Heating Gas Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1898
New Construction No
Tenant Pays Other
Subdivision Gray(s)
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 128
Net Income 0
Rent Income 0
Features Basement Fenced Yard Porch Covered
REO No
Status Detail 0
Area Delaware County
High School Central
City Muncie
School District Muncie Community Schools
Total Sq Ft 3248
Elementary School Southview
Middle School Southside
Legal Description SWAIN SUB LOT 3
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202627555
Agent First Name James
Agent Last Name Meredith
DOM 0
Tax Year 2026
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Interior
Basement Crawl Partial Basement
Flooring Laminate Wood
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 0
W/D Hookups 0
Basement Material Block
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Exterior
Exterior Aluminum
Pool No
Number of Parking Spaces 0
Lot Size Area 4792
Lot Dimensions 42x120
Lot Description Slope
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
James Meredith

Listing Agent

Nexthome Elite Real Estate

Broker

jmeredithagent@gmail.com

Email

Affordability Calculator

$316
Per Month
100%
0%
0%
Monthly Principal & Interest
$316
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236661 Elementary School
1236559 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$50,000 Listed Price

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1205 S Jefferson Street, Muncie, IN, 47302 is a Multi-Family Home for sale at $50,000 with 1,876 sqft. 1205 S Jefferson Street has 2 bedrooms, 2.0 baths, and was built in 1898. The property's zip code is 47302 which is in Muncie, IN