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3429 & 3431 S Kennedy Dr, Bloomington
$400,000
6 Beds ⋅ 4 Baths ⋅ 202617642 MLS
This property has a great rental history! Great investment opportunity with high net income located on the south side of Bloomington, convenient to shopping, I-69, and downtown! Both units currently rent for $1,675 per month. 3429 is leased until 7/26/27, and 3431 is leased until 12/20/2026. The tenants pay all utilities. Each main level has a living room, a fully equipped kitchen with a pantry and the laundry closet, a dining room, and a full bath. The upper level of each has 3 bedrooms (2 with walk-in closets), and a full bath with a tub/shower combination. There is a one-car attached garage and a spacious back deck for each, plus a nice-sized yard. These units have been very well-maintained. Recent improvements for 3429 include a new furnace (2026), and Luxury Vinyl Plank flooring has replaced the carpeting seen in the pictures. The current management company takes care of the lawn. Don't miss this great opportunity! Live in one side and lease the other, or lease both for a great return on investment!

3429 & 3431 S Kennedy Dr, Bloomington

2708 S Rogers St, Bloomington
$355,000
4 Beds ⋅ 3 Baths ⋅ 202503842 MLS
Whether you are looking for a home, an investment, or house that can do both this property is a must see! Beautiful and unique 4 bed/2.5 bath home with secondary in-law suite upstairs with separate entrance that can be rented to offset your mortgage! Perfect opportunity to be an owner/occupant, and rent out the second floor on AirBNB or to a traveling nurse! The main floor features an open living room, dining room, and kitchen, three bedrooms, 1.5 bathrooms, and an office space/bonus room. The entire upstairs has its own entrance and contains a large living area, kitchenette, and cool retro mini fridge, a full bathroom, and spacious bedroom. Entire second floor could also be used as part of the main residence through a common doorway or locked off if desired. Unfinished basement recently renovated to fully encapsulated so 100% waterproof. $20k upgrade for encapsulation and comes with a 10 and 15 year warranty! Would be great for additional storage. Tons of opportunities with the layout! Great yard and lots of parking. Walking distance to B-Line Trail and Switchyard park. Close to shopping and restaurants too. Can lay out as a: 1 bed & 3 bed or as a 4 bed house. Currently has a 3 person occupancy permit. In conversations with HAND, it may be possible to get separate occupancy permit for upstairs unit, so you could have two separate rental units in one house.

2708 S Rogers St, Bloomington

1416 S Madison St, Bloomington
$242,500
5 Beds ⋅ 2 Baths ⋅ 202424905 MLS
Great LOCATION! Minutes from Switchyard Park and the trails that lead right downtown and also that lead to the south side and they go for miles, also near a bus stop. This charming 3 BR, 1 Ba house sits on a large city lot with a 'grandfathered' ADU that is an adorable 2 BR, 1 Ba cottage. Both dwellings are approved for 3 unrelated adults by Housing and Neighborhood Development. The main house faces Madison with parking behind and additional alley access on the north and west sides of the property. The main house has hardwood floors, a large eat-in kitchen, range, refrigerator, washer, dryer, central a/c, large shady yard. This house rents for $1400 per month, tenant pays utilities. The cottage is grandfathered and a great little place tucked away behind the main house, easy access and parking, covered front porch, open living room and kitchen with 2 good sized bedrooms and a large full bath. This approximately 600 SF cottage has had some good updates including laminate flooring, roof, furnace, upgraded electric and 3 new windows. Offering a refrigerator, range, and window a/c and easy parking. It rents for $730 per month, tenant pays utilities. The address of the cottage is 1416 1/2 S Madison.

1416 S Madison St, Bloomington

2312 S Rogers St, Bloomington
$549,900
2 Beds ⋅ 4 Baths ⋅ 202630776 MLS
Rare opportunity! 2312 S Rogers St is a versatile commercial property that pairs proven business income with residential upside, all in one dynamic Bloomington package. Retail space and apartments with great rental history and revenue! At its heart sits a popular, fully operational salon, thoughtfully updated with brand-new work stations. The established tenants of both the salon and apartments along with the turnkey setup make this an ideal launchpad for an entrepreneur ready to hit the ground running—or an investor seeking dependable cash flow from day one. The salon is popular with both clients and stylists who all appreciate the location and upgrades. The booth spaces available are consistently rented. The two upper level 1 bedroom apartments generate steady rental income, creating a smart, diversified revenue stream that offsets ownership costs and builds long-term equity. Total gross income exceeds $5000.00 per month. Ample on-site parking sets this location apart, offering convenience that both customers and tenants will genuinely appreciate—a valuable perk along busy South Rogers Street. Speaking of location, the surrounding neighborhood is a major draw. You're moments from the B-Line Trail, walkable and beloved by locals, plus close to Novo Nordisk's main campus and Bloomington Country Club. This is a well-trafficked, growing corridor with strong visibility and easy access throughout town. Whether you're expanding a portfolio, launching a new venture, or securing a mixed-use investment with multiple income sources, this property checks every box. Opportunities that blend established business, rental returns, and prime positioning like this rarely last. Come see the potential for yourself.

2312 S Rogers St, Bloomington

4638 E State Road 45, Bloomington
$735,000
1 Baths ⋅ 202603593 MLS
Discover historic charm and peaceful nature at this prime east side location, just east of Indiana University and near the new IU Health Bloomington Hospital. This historical schoolhouse—the Poplar Grove School—offers over 4,300sqft of freshly painted space with new carpet, split between two levels, each featuring restrooms and a kitchenette. The layout comprises 10 office spaces, an open common area, storage, and a larger first-level open area with original hardwood floors and over 50 brand new windows, filling the building with natural light. This property sits on just over 1.05 acres with more than 25 parking spots. Zoned Limited Business (LB), this property meets the essential business needs and convenience of neighboring residents, supporting a variety of uses including daycare, office space, retail, studio/gallery space, massage therapy, music therapy, counseling, real estate, freelance work, law firms, insurance, among others. The building offers tremendous potential—bring your imagination to reconfigure, redevelop, or transform this beautiful space. The property has newly installed fiber internet through GigabitNow.

4638 E State Road 45, Bloomington

604 N Smith Rd, Bloomington
$2,790,000
21 Beds ⋅ 21 Baths ⋅ 202619114 MLS
Great location, just minutes from IU's Kelly School of Business, dining, shopping, and nightlife. Located on N. Smith Road between E. 10th & E. 3rd Streets, this building offers quick access to loads of amenities! The property is State of the Art including a total of 21 units - 17 flats and 4 loft floor plans. The units all come furnished, have Modern finishes, large picture windows with inviting views, laminate & carpet flooring, stackable w/d in each unit, and a security system. Perfect for professors, grad students, undergrads or anyone that loves quiet, luxury living. On site parking for all residents is FREE! Water, Sewer, Trash, and Internet are included in monthly rent, tenants are responsible for electric. P&L statement will be provided to QUALIFIED Buyers only upon request. All units are fully leased! Floor plans are attached.

604 N Smith Rd, Bloomington

3429 S Kennedy Drive, Bloomington
$400,000
22101274 MLS
This property has a great rental history! Great investment opportunity with high net income located on the south side of Bloomington, convenient to shopping, I-69, and downtown! Both units currently rent for $1,675 per month. 3429 is leased until 7/26/27, and 3431 is month-to-month. The tenants pay all utilities. Each main level has a living room, a fully equipped kitchen with a pantry and the laundry closet, a dining room, and a full bath. The upper level of each has 3 bedrooms (2 with walk-in closets), and a full bath with a tub/shower combination. There is a one-car attached garage and a spacious back deck for each, plus a nice-sized yard. These units have been very well-maintained. Recent improvements for 3429 include a new furnace (2026), and Luxury Vinyl Plank flooring has replaced the carpeting seen in the pictures. The current management company takes care of the lawn. Don't miss this great opportunity! Live in one side and lease the other, or lease both for a great return on investment!

3429 S Kennedy Drive, Bloomington

1310 S Walnut Street, Bloomington
$115,100
22082206 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 Street, Bloomington

1427 S Washington Street, Bloomington
$255,000
22021534 MLS
Looking for a fantastic investment property or a great place for students to call home? This charming duplex offers two spacious units, each with 2 bedrooms and 1 full bath, making it a perfect setup for comfortable living. The main-level unit boasts a large great room, a formal dining room, and an updated kitchen with a dishwasher, refrigerator, and oven/range. Plus, a dedicated laundry room adds extra convenience! Step outside to enjoy a welcoming front porch-ideal for relaxing with friends-and a fully fenced backyard with a shared one-car garage for extra storage or parking. The upstairs unit features an oversized eat-in kitchen, a laundry room, and a spacious layout, making it a great spot for students or professionals. Need extra storage? The full unfinished basement has plenty of room for bikes, gear, and more. The roof was re-shingled in 2021 and has a lifetime warranty. With easy access to the bus stop, shopping, restaurants, and Indiana University, this property is a prime opportunity for rental income or multi-generational living. Whether you're an investor or looking for a place to call home while renting out the other unit.

1427 S Washington Street, 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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