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$205,000
3 Beds 2 Baths 202611997 MLS
Welcome to this well maintained investment property, featuring 3-bedrooms, 2-bathrooms, and offering 1,075 square feet of comfortable living space in one of Bloomington’s most convenient locations. Another recent update includes a new exterior of the entire building in 2024. Step inside to a bright and functional layout with three spacious bedrooms, two full bathrooms, and an open living and dining area perfect for relaxing or entertaining. The kitchen features ample cabinetry and counter space, ready for your personal touch. Enjoy unbeatable access to local amenities—just 5 minutes to Indiana University’s campus, steps from the College Mall, and only a short drive to downtown Bloomington’s vibrant shops, restaurants, and nightlife. Public transportation, parks, and grocery stores are all nearby, making everyday living a breeze. This condo is a rare find for anyone seeking convenience, space, and location all in one package. Don’t miss your chance to own a piece ofBloomington!

3230 E John Hinkle Pl Unit A, Bloomington

$1,485,000
10 Beds 12 Baths 202624959 MLS
Student housing investment opportunity on North Jefferson Street, just steps from Indiana University. This brand-new construction 10-bed duplex is pre-leased for the upcoming school year, providing immediate rental income from day one. Purpose-built for student living, the property features spacious bedrooms with private en-suite bathrooms, large open-concept living areas, modern kitchens, luxury vinyl plank flooring, and in-unit laundry. Large balconies create the perfect outdoor space for students to gather, relax, and enjoy campus life. If you have the appetite for a larger opportunity, additional identical buildings are available next door, up to a total of 60 beds if desired. The layouts and scale make it ideal for leasing to large student groups, a highly desirable segment of the Indiana University housing market. With strong rental demand, quality construction, off-street parking, and a premier campus location, this is a great turnkey investment opportunity.

326-328 N Jefferson St, Bloomington

$550,000
9 Beds 8 Baths 202538505 MLS
Prime Investment Opportunity! Don’t miss this rare chance to own a well-located multi-unit property at the corner of Madison and 16th Street. Zoned RM - Residential Multi Family. The property includes six 1-bedroom/1-bath apartments plus an attached 4-bedroom/1.5-bath house. Income Potential: Fully rented, the property generates approximately $6,200 per month. Tenant-Paid Utilities: Tenants are responsible for their own utilities, minimizing owner expenses. Appliances Included: Each apartment is equipped with a refrigerator and range; the house includes a refrigerator, range, washer, and dryer. Permits & Compliance: Occupancy permit for 35 in place and valid through 2/1/2028. Zoned RM. Showing Availability: Two apartments are currently vacant and available for immediate showings. Additional unit showings may be arranged for serious buyers. This property combines strong cash flow potential with a highly desirable location—perfect for both seasoned investors and those looking to expand their portfolio. The owner is open to bundling this property with other properties in his portfolio.

1122 N Madison St, Bloomington

$239,000
2 Beds 2 Baths 202615469 MLS
Here is a rare opportunity to purchase a duplex in a sought-after neighborhood on Bloomington's Eastside, near to the IU Health hospital, Indiana University, IU sporting events, shopping, and restaurants. There is a HAND (Housing And Neighborhood Development) rental occupancy permit for six total occupants; the permit is good through July 10, 2029. Each side of the duplex features a spacious one bedroom floorplan of nearly 700 square feet per unit, with kitchen, living room, dining area, bedroom, bath, and storage. Unit 4501 has an attached one car garage. Many options are available for a new buyer/investor: Rent out one side and live in the other, Airbnb both units, or rent out both sides to long-term tenants. New roof and gutters were installed in 2025 and new garage door. The property is currently managed by Action Property Management. Action P.M. takes care of mowing and trimming. Tenants pay all utilities and handle their own snow removal. Unit 4503 is on a month-to-month lease beginning June 1, 2026 and would consider renewing. NOTES: Washer, dryer, and microwave for each unit are excluded; they belong to the tenants. A minimum of 24 hours' notice is required for showings as the duplex has tenants in both sides.

4503 E Stephens Dr, Bloomington

$689,900
5 Beds 3 Baths 202624790 MLS
Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors. Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $5,000/month for the 26-27 school year. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.

402 E 1st St, Bloomington

$1,299,000
10 Beds 10 Baths 202603781 MLS
Built in 2025, this brand-new duplex is located just half a mile from IU Memorial Stadium. Each unit offers five bedrooms, five full bathrooms, and 2,158 square feet of modern living space. Both units are currently leased through July 31, 2026 for a combined $8,200 per month, with leases already secured for August 15, 2026 through July 31, 2027 at $11,750 per month. Each unit features LVP flooring, contemporary kitchens with quartz countertops and stainless steel appliances, and in-unit washer and dryers. The property includes four on-site parking spaces plus free, non-permitted street parking in front, making it a strong rental option in a high-demand campus location with minimal maintenance due to new construction. Interior photos are not of this exact property so the layout is different, but the finishing details are the same.

1200 N Woodburn Ave, Bloomington

$2,550,000
16 Beds 12 Baths 202409831 MLS
Great Location near Kirkwood! Restaurant and 4 apartments. All apartments have a current 5 person occupancy HAND permit. All units are rented through July of 2026. The restaurant has a current lease through 2033. The apartment is an updated 4 bedroom and 3 bath. 3 spacious and modern townhomes! These Townhomes feature 3 bedrooms and 2.5 baths. Some features include; hardwood floors, large bedroom space with closets, stainless steel appliances, Koehler fixtures, and more. Newly renovated 4 bedroom, 3 bath apartment above 4th Street! Location is key to this property! Centrally located in Restaurant Row, near coffee shops, night life, IU Law School, and Bryan Park! Let's make your school year one to remember! One block from Kilroy's and two blocks from the Sample Gates

416 E 4th St Unit 5, Bloomington

$370,000
4 Beds 2 Baths 202334045 MLS
A great investment opportunity located right next to IU Bloomington campus and all East side amenities. This package deal includes 2 homes. Each home is identical and features 2 bedrooms, 1 bathroom and 768 square feet of living space. There is a shared driveway between the houses that can fit 3 to 4 cars and street parking spots in front of each house. Updates in the last 5 years include: roofs, gutters, furnaces, windows, showers, and a few other things in 122. Each home is fully rented through July 2024 and are subject to tenant rights. These investment homes have had 100% occupancy for the last 32 years! Current leases, occupancy permits, and a full list of updates are available to see. Also listed under residential- see MLS #202334046

122 And 124 N Clark St, Bloomington

$745,000
6 Beds 6 Baths 202620349 MLS
Brand new duplex investment opportunity ideally located between Bryan Park and the IU campus. Situated on a 0.32-acre lot, approximately half of the property consists of a beautiful protected conservation area that cannot be developed, creating added privacy and a peaceful outdoor seating area for tenants to enjoy. This thoughtfully designed property offers a total of 3,114 square feet with two spacious units, each featuring 3 bedrooms and 3 full bathrooms. Built with quality finishes throughout, both units include luxury vinyl plank flooring, custom shaker-style cabinetry, quartz countertops, and a full stainless steel appliance package including refrigerator, electric range, microwave, dishwasher, plus stackable washer and dryer. The exterior features durable LP siding and a covered front porch that adds curb appeal and functional outdoor space. Each unit includes one private rear parking space, with additional street parking available. Fully leased through July 31, 2027, this property offers immediate and stable rental income. Subject to tenant rights. Full rent roll and financials available upon request.

717 S Henderson St, Bloomington

$340,000
8 Beds 4 Baths 202624554 MLS
3 fully rented units plus an extra lot. This unique property has 3 rental units and multiple garages plus a separately deeded vacant lot. Tons of potential or keep it the way it is with instant income. There is a 2-bedroom 1 bath home at 1022A Country Club with a car port which is leased for $950 per month until July 22, 2027. There is also a 2-bedroom 1 bath upstairs apartment leased for $1250 per month until July 24, 2027. This was recently remodeled with new paint and flooring and updated dishwasher. Below this apartment is a large 4 car garage that is shared between this tenant and the tenant in the home. There is also a 4-bedroom 2 bath home with a long-term tenant (20+ years) that is on a month-to-month lease. This unit is very under rented for $1050 per month. Based on the current layout, there is room to turn this unit into a duplex with the addition of a second kitchen. In addition, there is a small storage shed and a large 1 car garage/ shed with loft area. All siting on .44 acres. Then the vacant lot is another .33 acres for a total of .75 acres all zoned R2. Property being sold as-is. Would make a great investment property or could be demolished and something new built in its place. The home next door at 1016 Country Club also has a separately deeded vacant lot and is for sale for $210,000. Sellers would prefer to sell as a package or to sell this portion first.

1024 W Country Club Dr, Bloomington

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