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801 & 803 N Smith Rd, Bloomington
$240,000
4 Beds ⋅ 2 Baths ⋅ 202345266 MLS
Brick & Stone Duplex with 2023 dated Occupancy Permits for 5 people per unit, next cycle inspection due 2/21/2028, see attached Permit. Partially-paved entrance to driveway & paved rear parking, there is also parking off street in front of steps. 4 to 6 parking spaces + parking in long paved side driveway. Close proximity to IU Campus, IU Hospital, University Elementary, and College Mall area shopping and dining. Total Bedrooms: 4, Total Full Baths: 2. Each unit has off street parking. Enter & Exit driveway slowly & cautiously. Appointment only-24 hour notice, tenant occupied. Subject to tenants' rights. No Shows on Mondays & Wednesdays. 801 Lease expires May/2024, 803 is month-to-month & now has only 1 tenant.

801 & 803 N Smith Rd, Bloomington

315 W 17th St, Bloomington
$547,000
7 Beds ⋅ 4 Baths ⋅ 202616403 MLS
Located on one of Bloomington’s most desirable high-traffic corridors, this well-positioned triplex at 315 W. 17th St. offers strong rental appeal just steps from Indiana University’s athletic facilities. Within walking distance to Memorial Stadium and Assembly Hall, this property is perfectly suited for student and game-day demand. Each unit is equipped with Hookups ready for a Washer and Dryers, providing added convenience and increased tenant retention. The property also includes dedicated parking, a major advantage in this high-demand area. Tenants are responsible for electric and gas utilities, helping keep operating costs manageable for ownership. With its unbeatable location, strong unit mix, and desirable amenities, this triplex presents an excellent opportunity for investors seeking consistent income in the heart of Bloomington.

315 W 17th St, Bloomington

314 N Washington St, Bloomington
$4,000,000
13 Beds ⋅ 18 Baths ⋅ 202626061 MLS
Excellent opportunity to purchase a 6 unit building in the heart of Bloomington’s downtown and IU campus. The Gables was originally built as 6 individual condominium units but has been rented to date as student apartment rentals. With the high demand for downtown condo living, this is an investor’s dream. All 6 units are rented for the 26-27 school year, so buyer can take the next 12 months to plan renovations for high-end condominiums sales while earning income. Each 2-story townhouse has generously sized rooms, with a dedicated bath for each bedroom, an additional half bath on the main floor for guests, loads of storage, and 3 parking spots in the garage. With high end finishes, comparable (but hard to find) condominium units are running in the $600/SF price range in downtown Bloomington. Please allow 48 hours for all showing requests to allow for tenant notice.

314 N Washington St, Bloomington

1310 S Walnut St, Bloomington
$115,100
3 Beds ⋅ 2 Baths ⋅ 202611753 MLS
Located at 1310 S Walnut ST, Bloomington, IN, this duplex in Monroe County presents a remarkable opportunity for those with vision. This property is a great option for investors and handy homeowners. Imagine evenings spent in the living room, a space defined by the warm embrace of a fireplace and the character of a wood wall, creating a focal point that invites relaxation and conversation. The kitchen features shaker cabinets, offering a blend of classic design and practical storage. The property includes a porch, offering an outdoor retreat for enjoying the neighborhood ambiance. With 1404 square feet of living area situated on a 2614 square foot lot, this 1925 build holds potential. This duplex is a canvas awaiting your personal touch, offering a rewarding venture.

1310 S Walnut St, Bloomington

1201 W Allen St, Bloomington
$3,995,000
40 Beds ⋅ 40 Baths ⋅ 202511570 MLS
Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.

1201 W Allen St, Bloomington

522 W Davis St, Bloomington
$674,000
6 Beds ⋅ 6 Baths ⋅ 202343620 MLS
$6230 is the expected monthly rental income once the final rent increases are in place (August/September). Super low maintenance with excellent income. This property was taken down to the studs within the past ten years and completely updated with new electric, plumbing, windows, roof, doors, HVAC, sewer line, flooring. Dry basement with drainage work completed, new gutters, buried downspouts. Maintenance calls are almost non-existent. No carpeting makes for easy turnovers (not that there are many turnovers). Lots of nice touches like intercom for second floor units to avoid running up and down stairs to answer the door and motion sensor lights. All the current tenants are in the HCV or HUD-VASH (for Veterans) programs. Rents are guaranteed and direct deposited to landlord. Landlord pays electric, water/sewer and trash. Shared heat pump HVAC have their own zone controls. Efficient heat pump water heater with storage tank provides plenty of hot water. Utilities average $100-$125 per unit per month. Coin operated laundry is on site (included in the sale). HAND permit expires April 2028. Situated on 3 city lots (development potential?) on the edge of McDoel Gardens (not included in the historic district restrictions) and just a few blocks from the new Hopewell Development that is rejuvenating the old Hospital site to create a new core neighborhood with parks, plazas and mixed use space. **Numbers in listing are based on rent increases that will be realized in 2024.**

522 W Davis St, Bloomington

823 N Maple St, Bloomington
$250,000
6 Beds ⋅ 2 Baths ⋅ 202542564 MLS
Building Size: ±3,276 SF Zoning: R3 – Residential Small Lot Located just minutes from downtown Bloomington and within walking distance to the city’s new Trades District, this property offers a rare opportunity for investors or developers seeking a prime redevelopment or income-producing project. The building features a flexible, multi-level layout: First Floor: 2 bedrooms – ideal for a private residence or rental unit Second Floor: 4 bedrooms – excellent for multi-tenant occupancy or conversion potential Third Floor: Space for up to 2 additional bedrooms, creating value-add opportunity through renovation or expansion Includes a fire staircase for convenient and compliant multi-floor access With its R3 zoning, the property allows for residential small-lot development, making it suitable for multi-family housing, student rentals, or a high-quality renovation project. The proximity to Bloomington’s downtown amenities and the growing Trades District enhances both its long-term value and investment appeal.

823 N Maple St, Bloomington

851 & Dr, Bloomington
$200,000
6 Beds ⋅ 4 Baths ⋅ 202627614 MLS
Excellent income-producing investment opportunity on Bloomington's west side! This duplex features two spacious units, each offering approximately 1,300 square feet with 3 bedrooms, 1.5 bathrooms, generous living areas, private entrances, and separate driveways. One unit is currently rented for $1,001 per month, while the second unit is vacant, providing an immediate opportunity to increase rental income at current market rates or occupy one side while the other helps offset your mortgage. Conveniently located just minutes from Indiana University, downtown Bloomington, shopping, restaurants, parks, and I-69, this property offers excellent flexibility for investors and owner-occupants alike. Don't miss this chance to add a solid duplex with strong upside potential to your portfolio!

851 & Dr, Bloomington

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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