Bloomington IN Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 23
- Lot size:
- 0.8 Acres
- Year built:
- 1899
- Baths:
- 11.00
- MLS#:
- 202444031
ADDITIONAL INFORMATION
Great redevelopment opportunity on one of Bloomington's main East/West arterial streets! Located on the West side of the downtown, this package contains 5 properties - 3 duplexes and 2 single family houses all contiguous on Kirkwood Ave. The single family houses have permits for 5 and 3. The duplexes are permitted for 7, 5, and 5 persons. A high density redevelopment is possible over the 0.8 Ac site. Donâ??t miss this fantastic opportunity for multifamily in Bloomington!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1920
- Baths:
- 6.00
- MLS#:
- 202443462
ADDITIONAL INFORMATION
6 unit apartment building with High Density Multi-Family Zoning in great location adjacent to Bloomington's thriving downtown and to Indiana University! This building has a max load of 5 people per unit- a redevelopment plan could allow for a very dense new building! Good rental history as is. Total monthly rents are $4650. There's a large 2car garage the owner has used for storage. Donâ??t miss the tremendous potential found in this A+ location!!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 1.25 Acres
- Year built:
- 1973
- Baths:
- 3.00
- MLS#:
- 202442994
ADDITIONAL INFORMATION
Nestled on 1.25 acres of serene landscape, this picturesque property offers the best of rustic charm and modern comfort. The main house, a part log cabin, features cozy yetspacious living quarters with one bedroom and two full baths, perfect for intimate gatherings or peaceful retreats. Additionally, an auxiliary dwelling situated over the two-car garage provides ample space with three bedrooms and one bath, ideal for an Airb&b or rental space. With its versatile layout, this property is a prime candidate for a charming bed and breakfast venture, offering guests a unique and inviting experience amidst nature's tranquility. This property embodies the essence of rustic elegance and promises a lifestyle of relaxation and hospitality. Just minutes away from College Mall & IU Bloomington campus.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.07 Acres
- Year built:
- 1899
- Baths:
- 1.00
- MLS#:
- 202442972
ADDITIONAL INFORMATION
Located in a highly desirable area close to Indiana University, 1200 N Lincoln offers incredible potential for investors and developers. This 2-bedroom, 1-bath property is ideally situated for future development, with zoning that allows for expanded possibilities. The proximity to campus and demand in the neighborhood make this a standout opportunity to create a high-value property in a sought-after location. Perfect for those looking to invest in the future growth of Bloomington.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.09 Acres
- Year built:
- 1899
- Baths:
- 3.00
- MLS#:
- 202442958
ADDITIONAL INFORMATION
Located in a prime spot close to Indiana University and the vibrant Kirkwood nightlife, 418 N Grant offers an attractive opportunity for investors. This 5-bedroom, 3-bathroom property generates steady rental income, with current monthly rent of $5,100 through July 2025, increasing to $5,650 from August 2025 to July 2026. Tenants enjoy convenient off-street parking and a location thatâ??s perfect for student living, making it highly desirable and easy to lease. Don't miss out on this income-generating asset in a sought-after area! Per tenant leases, tenants pay all utility costs.
$1,200,000
6000 W State Rd 45 Bloomington, IN 47403
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 36
- Lot size:
- 6.32 Acres
- Year built:
- 1970
- Baths:
- 22.00
- MLS#:
- 202442659
ADDITIONAL INFORMATION
Full Moon Farm Mobile Home Park presents a fantastic investment opportunity with significant potential for increased income. This established, state-sanctioned park currently generates over $140,000 in annual revenue from its 10 mobile homes, 3 efficiency apartments, and storage units. The property offers ample space for expansion, with sewer connections already in place to accommodate additional units. Its prime location, just minutes from Hwy 37 and Westside's thriving shopping and dining scene, ensures strong tenant demand. All units are well-maintained and boast a solid rental history, providing a stable and lucrative income stream. Don't miss this chance to own a profitable, turnkey investment property.
$1,569,370
326 W Kenwood Drive Bloomington, IN 47404
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.21 Acres
- Year built:
- 1971
- Baths:
- 12.00
- MLS#:
- 202441218
ADDITIONAL INFORMATION
This 12-unit multifamily property in a prime Bloomington location offers on-site laundry, off-street parking, and easy access to downtown, Indiana University, and the B-Line Trail. With a market rent of $11,565.00 per month, it ensures stable occupancy and strong rental performance, making it a solid investment in a high-demand area.
$1,250,000
425 N Walnut Street Bloomington, IN 47404
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.1 Acres
- Year built:
- 1969
- Baths:
- 4.00
- MLS#:
- 202439246
ADDITIONAL INFORMATION
This exceptional multi-unit property offers an ideal investment in the thriving Bloomington rental market. Located in a prime area near downtown and Indiana University, 425 N Walnut Street consists of 4 units, combining for a total of 7 bedrooms, 4 bathrooms, and a bonus commercial space. The property is fully leased through July 2026, providing stable cash flow with current rental income of $8,500 per month through July 2025, increasing to $8,900 per month for the following lease term (August 2025 - July 2026). With a strong rental demand driven by proximity to IU and Bloomington's downtown, this property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.08 Acres
- Year built:
- 1899
- Baths:
- 3.00
- MLS#:
- 202435801
ADDITIONAL INFORMATION
Location, Location, Location! This amazing investment property is located in one of the most desired locations for student housing at Indiana University. This rental is already leased through July of 2026! Current rent rate is $4,950/month. In August of 2025, the rent rate increases to $5,175/month. Short walk to campus and Kirkwood Ave. Large bedrooms and front porch.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.19 Acres
- Year built:
- 1899
- Baths:
- 4.00
- MLS#:
- 202434444
ADDITIONAL INFORMATION
This income-producing duplex is located near Indiana University and offers steady rental income. Due to it's great location, the property is fully leased through July 2026! Each of the two units features 4 bedrooms, 2 bathrooms, and off-street parking. The current monthly rent is $7,575. In August 2025, the monthly rent increases to $8,100. This investment opportunity presents a promising return due to its prime location and strong tenant demand! Don't miss your opportunity to score this amazing property!
$269,900
W Doyle Avenue Bloomington, IN 47403
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.41 Acres
- Year built:
- 1960
- Baths:
- 2.00
- MLS#:
- 202432746
ADDITIONAL INFORMATION
Great duplex with newer roof and mechanicals. Long time tenants could stay. Or - new owner could live in one side and rent the other. Brick front. Two carports with storage in back. Large level back yard!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.26 Acres
- Year built:
- 1952
- Baths:
- 4.00
- MLS#:
- 202427944
ADDITIONAL INFORMATION
Investment Opportunity! 3 Units near busy I-69 and West 3rd St. All Units recently remodeled. Unit 317 with 2 bedrooms and 1 bath is currently leased until November 1, 2024 Unit 311 with 4 bedrooms and 2 baths is available for lease Unit 321 with 2 bedrooms and 1 bath is available for lease
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1982
- Baths:
- 7.00
- MLS#:
- 202426911
ADDITIONAL INFORMATION
Three townhouses for sale as a package! Great for an investor, Two units vacant and ready for updating 2377 S Worthington Lane, 2391 S Worthington Lane. 2490 S Burberry Lane will be vacant by Mid- October.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.02 Acres
- Year built:
- 1976
- Baths:
- 2.00
- MLS#:
- 202425262
ADDITIONAL INFORMATION
DESIRABLE 2BR, 1.5BA townhouse with an attached 1-car garage in Sherwood Green on a quiet, dead-end street. Super convenient location close to downtown, shopping, IU Campus, YMCA, Parks, schools, and bus stop. Light and bright open floor-plan with spacious living room, dining room, kitchen with pass-through breakfast bar w/all appliances + washer & dryer (all included) and a half-bath on the main level. Upper level has 2 large bedrooms with plenty of closet space, a walk-in closet at the end of the hallway and a remodeled full-bath. New floors throughout---mostly laminate, new light fixtures and paint. New HVAC (August 19, 2024). Lovely fenced patio off main entryway. Sherwood Green HOA fee provides a pool, tennis courts, club house, exterior maintenance, snow removal, yard maintenance and more. Currently leased, lease ends on July 31st, 2025. Showings requires 24 hrs. notice. Subject to tenantâ??s rights. Rental permit expires 4/15/2027. Childs, Jackson Creek, Bloomington High School South districts.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.18 Acres
- Year built:
- 1925
- Baths:
- 2.00
- MLS#:
- 202423857
ADDITIONAL INFORMATION
This 2-unit legal duplex is a great opportunity for those wishing to live or invest near downtown. Just a few blocks from grocery, restaurants, Bryan Park, and the B-Line Trail, the home features two 1-bedroom, 1 bath apartments. The north unit is smaller would rent for $800+ a month. The south unit is larger and currently rents to great tenants at $1,000 a month. The utilities are not separately metered, but they can be in the future. Recent improvements include a new roof, some new fixtures, a new mini-split system in the north unit, new LVP flooring in one kitchen, and more. Start building your investment portfolio now!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 1.18 Acres
- Year built:
- 1930
- Baths:
- 2.00
- MLS#:
- 202418215
ADDITIONAL INFORMATION
Single Family House adjacent to J & S Locksmith. Vacant Lot between house and J & S Locksmith goes with house. J & S Locksmith has an easement.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.4 Acres
- Year built:
- 1964
- Baths:
- 2.00
- MLS#:
- 202417102
ADDITIONAL INFORMATION
Well-maintained ranch with 3 bedrooms, 1.5 baths, and fenced back yard. New HVAC & water heater in 2023. Good rental history. Subject to tenants' rights. Update: New Roof was just installed
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.4 Acres
- Year built:
- 1920
- Baths:
- 4.00
- MLS#:
- 202415210
ADDITIONAL INFORMATION
Also listed separately as MLS 202415188 Solid home near IU and downtown with strong rental history. Major systems and interior has been updated and maintained. Valid HAND permits on file for 3 unrelated adults. Presently, unoccupied
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.14 Acres
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 202408753
ADDITIONAL INFORMATION
Solid 3/2 rental with a 2 car garage on Bloomington's near west side. Everything was updated in 2022. It is .1 miles to the B-line, .2 miles to the bus stop, and 1.3 mile to downtown. 3 person HAND permit, expires 2026. Last leased for $1887/mo.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.
Bloomington Real Estate
The median home value in Bloomington, IN is $301,000. This is higher than the county median home value of $274,300. The national median home value is $338,100. The average price of homes sold in Bloomington, IN is $301,000. Approximately 31.54% of Bloomington homes are owned, compared to 58.65% rented, while 9.81% are vacant. Bloomington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bloomington real estate agent to arrange a tour today!
Bloomington, Indiana has a population of 80,064. Bloomington is less family-centric than the surrounding county with 23.5% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Bloomington, Indiana is $41,995. The median household income for the surrounding county is $54,096 compared to the national median of $69,021. The median age of people living in Bloomington is 24 years.
Bloomington Weather
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 47.7 inches per year, with 17.2 inches of snow per year.