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.
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!
The 2024 appraised value came in at $410k! Instant equity! This spacious and versatile property, located just 1 mile south of Indiana University, offers an ideal investment opportunity with immediate income potential. Currently rented, this home is perfectly situated for student, professional or generational living. Featuring a unique layout, the property provides the option for one tenant or owner to enjoy their own private upstairs floor, complete with a full kitchen, while two other tenants/owners can share the main floor, which includes a kitchenette. The convenience of having separate living spaces under one roof is further enhanced by the large outdoor living space. Laundry room located on the main level. New as of 2019: entire roof system (shingles, framing, trusses, gutters with leaf guards), drywall, insulation, 2nd floor windows, kitchen cabinetry, flooring, appliances, bathroom, etc. With its proximity to the university and flexible living arrangement, this property is a rare find that promises both comfort and profitability.
Situated at the southeast intersection of E. 3rd Street and S. Rogers Street in the heart of downtown Bloomington, this Duplex is just 2 to 3 blocks southwest of the Courthouse Square. The Duplex is being sold "As-Is". No showings after 3 pm on Fridays. A minimum of 24-hour notice is required to show. The property features a spacious lot with concrete parking available off the asphalt alley, accommodating over 6+ vehicles. According to Bloomington City Planning, there is the possibility of constructing a future ADU on the premises, limited to under 400 square feet, so please reach out to Planning for further details. The northern unit comprises 3 bedrooms and 2 full baths, while the southern unit includes 2 bedrooms and 2 full baths, with both units offering a bedroom and bath on the upper level. Access to each unit can be easily gained from the back of the Duplex through the rear foyer. The property is equipped with breaker boxes and three forced air gas furnaces, which were installed five years ago. Additionally, both sides feature washer/dryer hook-ups (current tenants own the washer/dryers). The units are currently leased on a month-to-month basis, both at below market rates. Serious inquiries only, please provide pre-approval or proof of funds before scheduling a viewing. Listing Agent must be present at showings. This location is conveniently within walking distance of all the amenities of downtown Bloomington and just 10 blocks from Indiana University.
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!
Rare investment opportunity to own TWO houses and a detached two-car garage on one parcel in prime location just 10 minutes from IU Assembly Hall, easy access to I-69, and minutes from downtown. Both homes offer 2 bedrooms, 1 bath that sit back off the road on .76 of an acre with plenty of parking! Worry-free updates in the last year on both homes includes new HVAC Systems, updated electrical panels, vapor barriers, septics emptied, driveway graveled, and fresh paint throughout. The home in the back (1609 1/2) has been completely overhauled from a brand new roof and windows to the inside showcasing tiny living at it's best with a new kitchen that has a modern and bright look with new stainless steel appliances. The bathroom shines with the same modern vibes plus a large laundry room that could easily be a flex space. Enjoy the newly built front and back deck on this home and easy access to the detached garage that has also been updated inside and out. The house in the front of the lot (1609) welcomes you through a beautiful sunroom into the view of refinished original hardwood floors and new light fixtures, plus beautiful unique wood accent on the living room ceiling. It has also had extensive plumbing replaced, exterior french drain installed, and brand new electric meter with new wiring throughout the home. Currently leased until 04/30/2025 at $1400/month. Both homes include washer/dryer plus a new tankless gas water heater in house in back.
5bd, 2ba house being sold â??as isâ??. Currently vacant this property could work for an investor or an owner occupant. Lots of parking. This is one of 6 contiguous properties being sold between Pine and Adams. The sale is part of a planned 10-31 exchange, seller may need some flexibility on closing date. All 6 properties could be purchased for a redevelopment project on one of Bloomingtonâ??s main East/West arterial roads. Zoning is MN-mixed use neighborhood scale.
This currently leased duplex contains a 2bd, 1ba and a 1bd, 1ba unit! Being sold â??as isâ?? this property could be great for an investor or an owner occupant-live in one side and rent the other! This is one of 6 contiguous properties being sold between Pine and Adams. The sale is part of a planned 10-31 exchange, seller may need some flexibility on closing dates. All 6 properties could be for a redevelopment project on one of Bloomingtonâ??s main East/West arterial roads. Zoning is MN-mixed use neighborhood scale.
Currently leased 1,250 sqft 2bd, 1ba with a detached 600sqft 2 car garage! Being sold â??as isâ?? this property is great for investors or an owner occupant. One of 6 contiguous properties being sold between Pine and Adams. The sale is part of a planned 10-31 exchange, seller may need some flexibility on closing dates. All 6 properties could be purchased for a redevelopment project on one of Bloomington's main East/West arterial Roads. Zoning is MN-mixed use neighborhood scale.
This currently leased property contains a 1,900 sqft 3bd, 1bath house and a 500 sqft 1bd 1ba manufactured home. Being sold â??as isâ?? this combo is great for an investor or an owner occupant-live in one unit and rent the other! This is one of 6 contiguous properties being sold between Pine and Adams. The sale is part of a planned 10-31 exchange, seller may need some flexibility on closing dates. All 6 properties could be purchased for a redevelopment project on one of Bloomingtonâ??s main East-West arterial roads. Zoning is MN-mixed use neighborhood scale.
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
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.
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.
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!
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.
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.
Listed with 305 W 14th St. Also listed separately as MLS 202415188 & 202415127 2 solid homes near IU and downtown with strong rental history. Major systems and interiors have been updated and maintained. Valid HAND permits on file for 3 unrelated adults in each home
Three updated Bungalows on one large private lot. Lots of room for parking and common areas. Versatile layout for owner occupied and rentals, shop, and hobbies. Previously used as a family compound and my employees. Upper home has 6 ft privacy fence around it in park like setting and pole barn. All homes have basements for lots of storage.
Discover the potential in this charming 3 bedroom bungalow situated on a generous 1.5-acre lot. Zoned RS 3.5 with the prospect to subdivide. The adjacent property is zoned CA which also allows the possibility of rezoning for multi-unit development. The opportunities here are boundless. This bungalow offers a versatile canvas with its timeless appeal, it could serve as a fantastic rental income source or be transformed into an owner-occupied home. Conveniently located close to downtown, west side shopping, and easy access to I69, this property boasts a prime location. Additionally, the property features a detached 576 square foot two-car garage, built in 1996, a screened-in front porch and a fenced-in rear and side yard. Don't miss your chance to explore the potential and possibilities of this property.
Are you looking for a great investment property or just a wonderful home to call your own that also can provide income to offset your mortgage? Look no further. This home is in a prime location, has a spacious layout and attractive features that make this appealing to tenants. It is currently being used as a airbnb and is booked on a regular basis. It has a strong rental history. Previous use for this home was a residence and upstairs was rented to traveling nurses. This home has numerous renovations. Easy parking also adds to the appeal of this home. The main level offers 3 bedrooms, extra space that could be used as a office or overnight sleeping space, a kitchen, laundry and 1 and 1/2 bath. Upstairs area can be open or shut off with its own entrance. It has open space at top of the stairs, a living space, efficiency kitchen, full bathroom and a bedroom. Huge back yard and a sitting space and the front porch provides a wonderful space to enjoy as well. This home has only been rented out for 6 months and monthly income for the airbnb varies from 550.00 to 3330 a month. If leased a month at a time it has been listed for 3500.00 a month.
This is a great investment for an owner-occupant with added income unit, or fully rent both units (308 & 308.5 S Madison). Great downtown location! Easy access to Bloomingfoods, Farmers' Market, B-Line trail and all that downtown Bloomington has to offer. Occupancy for 7 total. The main house (308 S Madison) has 5 bedrooms and 2 full bathrooms. It boasts a lovely kitchen which has been remodeled, plus it features renovated bathrooms. The second unit (308.5 S Madison) has a new bathroom, refreshed kitchen and new heating and cooling systems. There is a laundry area for the apartment in the garage. Both units rent easily; inquire for rental information. Listing agent is owner.
Bloomington is located in Indiana. Bloomington, Indiana has a population of 83,636. Bloomington is less family-centric than the surrounding county with 25.18% of the households containing married families with children. The county average for households married with children is 27.99%.
The median household income in Bloomington, Indiana is $33,172. The median household income for the surrounding county is $45,689 compared to the national median of $57,652. The median age of people living in Bloomington is 23.8 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 47 inches per year, with 15.8 inches of snow per year.
