1337-1339 S Hickory Grove Ln, Bloomington, IN 47403-2611

$312,500
6
BD
4
BA
2,290
SqFt

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Sold Price
$312,500
List Price
$319,900
Closing Date
Oct 03, 2025
MLS#
202532842
Sqft. of Residence
2,290
Status
CLOSED

Property Description

Turn-key duplex with excellent rental potential. Each unit offers three bedrooms, two full baths, and a rare primary ensuite. Unit 1337 has been recently updated and is ready to lease at $1,750/month. Unit 1339 has had the same tenants for 11 years and is significantly under market at $1,000/month, with a market rate closer to $1,500 once the current lease is up (July 2026). A brand-new air conditioner will be installed in Unit 1339 the week of 8/18. Tenants pay all utilities except trash, keeping expenses low. Located in a quiet neighborhood with easy access to westside amenities and I-69, this well-maintained property provides strong current income with clear value-add potential through rent increases. This property is also ideal for house-hacking (live in one side, rent the other).

Additional Information

Tenant Pays
Cable TV, Cooling, Electricity, Fuel, Heat, Sewer, Water
Basement
None
Stories
1
Acres
0.28
Cooling
Central Air
Water
City
Region
Monroe County
School District
Monroe County Community School Corp.

Listing courtesy of Micah Heath from Keller Williams - Indy Metro South LLC. micah.heath@kw.com

Selling Office: Keller Williams - Indy Metro South LLC.

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Calculator source: Real Geeks

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.