511 E Jackson St
Muncie, IN 47305
East Central- 3 Beds
- 3 Baths
- 2,448 sqft
3 Beds
3 Baths
2,448 sqft
Local Information
-- mins to
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!
511 E Jackson St, Muncie, IN 47305 is a 3 bedroom, 3 bathroom, 2,448 sqft multi-family in East Central, built in 1885. It last sold for $110,000 on Mar 4, 2025 (4% below the $114,900 asking price). It is currently off market. The Trulia Estimate is $114,800, with a rent estimate of $1,368/month.
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 511 E Jackson St
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MLS Status: Closed |
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2448 Square Feet |
Heating & Cooling Heating: Natural Gas,Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Other |
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Exterior Home Features Other Structures: None |
Parking & Garage Parking Spaces: 4 |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 2448 Square Feet |
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Year Built Year Built: 1885 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Construction Materials: OtherNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, LeaseParcel Number: 181115126003.000003 |
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Price List Price: $114,900 |
Status Change & Dates Off Market Date: Tue Jan 07 2025 |
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Direction & Address City: MuncieCommunity: Other |
School Information Elementary School: East Washington AcademyElementary School District: Muncie Community SchoolsJr High / Middle School: SouthsideJr High / Middle School District: Muncie Community SchoolsHigh School: CentralHigh School District: Muncie Community Schools |
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Building Area Building Area: 2448 Square Feet |
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Lot Area: 4356 sqft |
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Expense Tenant Pays: None |
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Owner Pays: Electricity, Fuel, Sewer, Trash Collection, Water |
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Mls Number: 202447328Attribution Contact: Cell: 765-744-9500Above Grade Unfinished Area: 2448 |
Last check for updates: about 15 hours ago
Listed by Ryan Orr, (765) 744-9500
RE/MAX Real Estate Groups
Bought with: Realtor NonMember MEIAR, NonMember MEIAR
Source: IRMLS, MLS#202447328

Price History for 511 E Jackson St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/04/2025 | $110,000 | Sold | IRMLS #202447328 |
| 01/08/2025 | $114,900 | Pending | IRMLS #202447328 |
| 12/16/2024 | $114,900 | Listed For Sale | IRMLS #202447328 |
Market trends in Muncie
Last updated May 2026
Avg. sale price
$164K
$14.33KMoM
Sale-to-List Price
98.2%
1.1%MoM
Price per sq ft
$114
$9MoM
Available listings
312
3MoM
Comparable Sales for 511 E Jackson St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $105,000 | 04/17/26 | 7 | 3 | 2,544 | |
0.63 | Multi-Family Home | $89,000 | 12/03/25 | 4 | 2 | 2,400 | |
0.47 | Multi-Family Home | $190,000 | 08/28/25 | 4 | 4 | 2,928 | |
0.37 | Multi-Family Home | $90,000 | 09/30/25 | 3 | 1 | 1,200 | |
0.70 | Multi-Family Home | $95,000 | 04/30/26 | 5 | 2 | 2,212 | |
0.26 | Multi-Family Home | $430,000 | 10/17/25 | 1 | 1.5 | 2,992 | |
0.76 | Multi-Family Home | $50,000 | 08/19/25 | 4 | 2 | 1,880 | |
1.10 | Multi-Family Home | $115,000 | 06/30/26 | 3 | 2 | 1,792 | |
0.53 | Multi-Family Home | $180,900 | 03/20/26 | 12 | 5 | 2,092 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 511 E Jackson St.
What Locals Say about East Central
At least 8 Trulia users voted on each feature.
90 % Say yards are well-kept
90 % Say parking is easy
80 % Say there are sidewalks
78 % Say it's dog friendly
70 % Say there's holiday spirit
70 % Say car is needed
62 % Say kids play outside
60 % Say it's walkable to restaurants
46 % Say neighbors are friendly
44 % Say streets are well-lit
42 % Say people would walk alone at night
36 % Say they plan to stay for at least 5 years
25 % Say there are community events
17 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
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