Bloomington IN Multi Family for Sale

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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.

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:
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:
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:
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.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


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 $293,800. 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 $293,800. 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 47404 has a population of 80,064. Bloomington 47404 is less family-centric than the surrounding county with 21.02% 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 47404 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 47404 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.

Bloomington Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    133
    30-day change

Bloomington Schools and Demographics

Education near Bloomington, IN

Metric City County
High School Graduates 94.24 93.85
College Degree - 2 year 5.4 7.75
College Degree - 4 year 59.29 47.42
Graduate Degree 22.32 16.54
Expenditures per Student 13,668 13,668
Students per Teacher 13.8 13.8

Elementary Schools near Bloomington, IN

School Grades Students P/T Ratio ZIP
Arlington Heights Elementary School KG - 06 340 13.9 47404
Clear Creek Elementary School PK - 06 403 17.5 47403
Edgewood Early Childhood Cntr PK - PK 103 68.7 47429
Edgewood Intermediate School 03 - 05 560 17.5 47404
Edgewood Primary School KG - 02 595 20.1 47404
Fairview Elementary School PK - 06 343 10.7 47404
Grandview Elementary School PK - 06 440 15.2 47403
Highland Park Elementary School PK - 06 368 14.7 47403
Marlin Elementary School KG - 06 228 12.7 47408
Stinesville Elementary School KG - 05 186 16.5 47464
Summit Elementary School PK - 06 554 15.8 47403
University Elementary School PK - 06 578 19.9 47408

Middle Schools near Bloomington, IN

School Grades Students P/T Ratio ZIP
Edgewood Junior High School 06 - 08 625 18.9 47429
Lora L Batchelor Middle School 07 - 08 542 16 47403
Tri-North Middle School 07 - 08 535 16 47404

High Schools near Bloomington, IN

School Grades Students P/T Ratio ZIP
Bloomington Graduation School 09 - 12 60 5.5 47403
Bloomington High School North 09 - 12 1,588 17.9 47404
Edgewood High School 09 - 12 819 17.8 47429
The Acad. of Sci & Entrepreneurship 09 - 12 96 7.4 47403

Ungraded Schools near Bloomington, IN

School Grades Students P/T Ratio ZIP
* Hoosier Hills Career Center 09 - 12 0 47404
Forest Hills Spec. Educ. Coop PK - 12 0 47429

Demographics near Bloomington, IN 47404

Metric Zip Code City
Neighborhood Type Suburban
Population 80,064 140,189
Population Density 3,444 355
Median Age 24 30.1
People per Household 2 2.2
Median Household Income 41,995 54,096
Average Income per Capita 27,089 31,248