Perfect investment opportunity includes both 122 and 124 N Clark Street, near the IU campus and all the east side amenities! This package includes two 768 square foot homes with two bedrooms and one bathroom in each home on one lot. These homes are located within minutes of the famous Mother Bears Pizza, the IU Auditorium, Memorial Stadium and Assembly Hall. This unique property offers an opportunity for a straight investment or to purchase for your student with the opportunity to rent the rest of the space to offset your expense. Current owner had central air installed in 2024. These investment homes have had 100% occupancy for the last 30 plus years!
Rare investment opportunity for an absolutely primo duplex an arm’s length from Indiana University campus. This south of campus stunning home on a corner lot has apermit for eight with an upper level unit with six total bedrooms, and two full baths with hardwood floors, a beautiful kitchen and great rental history. The lower level apartment is twobedroom one bath and has an entrance to the north side. These pristine units. are ideally located on the south side of the Indiana University campus, near restaurants, coffee shops, thebookstore, and all of the Indiana University activities.
Wow! This desirable duplex at the corner of Eagleson and Atwater is a spectacular home and in beautiful condition in one of Bloomington‘s best locations. Wake up and beon campus in this two-story duplex with The upper unit with five bedrooms and 2 1/2 baths. The lower level three bedrooms, one bath. Beautiful hardwoods, great kitchen, shinycondition! Great Indiana University, location, near shops, restaurants, the bookstore, and campus activities.
Perfect investment opportunity includes both 122 and 124 N Clark Street, near the IU campus and all the east side amenities! This package includes two 768 square foot homes with two bedrooms and one bathroom in each home on one lot. These homes are located within minutes of the famous Mother Bears Pizza, the IU Auditorium, Memorial Stadium and Assembly Hall. Also, not far are the Student Rescource Center, Global and International Studies, School of Music and so much more. This unique property offers an opportunity for a straight investment or to purchase for your student with the opportunity to rent the rest of the space to offset your expense. Homeowner added central air in both homes in 2024! Currently vacant, but these investment homes have had 100% occupancy for over thirty years.
Add this rental property to your investment portfolio! Conveniently located just blocks from campus and downtown Bloomington, this 5 bedroom, 3 full bath home has a solid rental history! Tenants pay for all utilities. Off Street parking is available in the back.
Superb Indiana University location, just one and a half blocks from campus and activities. This charming two-story home with hardwoods, 4total bedrooms and perfect location is ideal for those who want to avoid a commute. This well maintained home over a lower level has a split plan withtwo bedrooms on the main and two bedrooms up. Established Indiana University location with great architecture and appeal.
This attractive colonial house on Bloomington’s southside is just one and a half blocks from Indiana University and convenient to all of the activities. Beautiful originalhardwoods and a fireplace enhance this home with a sunroom, arches, handsome kitchen with Corian, screened porch, basketball court, corner built-ins, dormer bedrooms. This threebedroom two bath Home is located in one of Bloomington‘s most desirable campus locations. Great investment!
This charming limestone home with a huge big backyard has a large, entertaining kitchen and a two car side load garage. There are twobedrooms on the main level and five bedrooms up with three baths. Rental permit on file for three. Prime location just a block and a half from the IndianaUniversity campus and activities.
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.
Excellent income-producing investment opportunity on Bloomington's west side! This duplex features two spacious units, each offering approximately 1,300 square feet with 3 bedrooms, 1.5 bathrooms, generous living areas, private entrances, and separate driveways. One unit is currently rented for $1,001 per month, while the second unit is vacant, providing an immediate opportunity to increase rental income at current market rates or occupy one side while the other helps offset your mortgage. Conveniently located just minutes from Indiana University, downtown Bloomington, shopping, restaurants, parks, and I-69, this property offers excellent flexibility for investors and owner-occupants alike. Don't miss this chance to add a solid duplex with strong upside potential to your portfolio!
Great investment opportunity in a low-maintenance 3-bedroom, 2-full-bath ranch home, just blocks from Indiana University's campus. Property is currently leased for the 2026–2027 school year at $1950/month, providing immediate cash flow for the new owner. This well-updated home features all hardwood floors, new roof, HVAC system, hot water heater and encapsulated crawlspace. Additional highlights include generous parking with three dedicated spaces and a recently rebuilt shed for storage.
Investment opportunity: Income-producing multi-family property located at 4251/4253 N. Melvin Ln. Built in 1993, this side-by-side duplex offers a total of 2,352 finished square feet of living space on a 0.33-acre (14,375 sq ft) lot. Both units are fully tenant-occupied, offering immediate cash flow. Each individual unit features a 3-bedroom, 1-bathroom layout, large open living and dining area, 1 car attached garage and wood deck patio. The kitchens are updated with functional stainless steel appliances. The exterior features a generous lot with ample outdoor space. This property is located within the Richland-Bean Blossom School Corporation.
Excellent opportunity to purchase a 6 unit building in the heart of Bloomington’s downtown and IU campus. The Gables was originally built as 6 individual condominium units but has been rented to date as student apartment rentals. With the high demand for downtown condo living, this is an investor’s dream. All 6 units are rented for the 26-27 school year, so buyer can take the next 12 months to plan renovations for high-end condominiums sales while earning income. Each 2-story townhouse has generously sized rooms, with a dedicated bath for each bedroom, an additional half bath on the main floor for guests, loads of storage, and 3 parking spots in the garage. With high end finishes, comparable (but hard to find) condominium units are running in the $600/SF price range in downtown Bloomington. Please allow 48 hours for all showing requests to allow for tenant notice.
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.
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.
Cute bungalow with hardwood floors and large eat-in kitchen. Separately deeded Vacant lot behind this home is also included making is a 1 acre lot. Great for a large garden, play area, or even another house. Great investment property. Home is rented until 7/22/27. Property could also be sold as a package with 1024 country club next door for a total of 1.69 acres.
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.
Looking for an excellent 3 bedroom 2 bath investment property just blocks away from Indiana University campus that has been meticulously taken care of? This home has a large living room with picture windows, a remodeled kitchen, separate dining room with the washer and dryer behind the louver doors, an en-suite bedroom with private bath, and a third bedroom with built in cabinetry. The spacious deck overlooking the back yard offers a nice place to entertain. The front of the home has a driveway and also additional streetside parking area.
FANTASTIC DOWNTOWN LOCATION with an income producing opportunity! The main house is a 3 Bed, 1 Ba charmer, as well as a 'grandfathered' ADU 2 Bed, 1 Ba cottage all on a large city lot. The property is just minutes from Switchyard Park and the B-Line Trail that leads to downtown one direction and leads to the South side the other direction. It also its near a city bus stop. Both dwellings are approved for 3 unrelated adults by HAND. The main house faces Madison and includes parking in the back, as well as additional alley access on the north and west sides of the property. The main house features hardwood floors, a large eat-in kitchen, range, refrigerator, washer, dryer, central air, and a large shady yard. The 600 SF grandfathered cottage is tucked away behind the main house, with off street parking, a covered front porch, open living room and kitchen, 2 nice sized bedrooms and a large full bath. This home comes with a refrigerator, range, and window a/c unit. It rents for $1250 per month, tenant pays utilities. The address of the cottage is 1416 1/2 S Madison.
Incredible investment opportunity just a short walk from Switchyard Park and the B-Line Trail! Located on Bloomington's desirable south side, this well-maintained duplex has great rental history. Each side offers 2 bedrooms, 1 full bath, a spacious living room and eat-in kitchen. The washer/dryer units are conveniently located within the second bedrooms. Off-street parking is situated off of the back alley and easily accommodates 4-5 vehicles. Each unit has a back and front door. And, there is a fenced yard on the north side of the home. Residents enjoy easy access to outdoor recreation with the nearby park and trails. This property is also near shopping, dining and schools. Recent total rent and fees: $2,150 per month. One side is currently vacant - perfect for an owner who wishes to reside on in one unit and lease the other! Rent rates have been held below market value for long-term tenants. Zoned Residential Multifamily (RM).
Prime investment opportunity near Downtown & close Campus! Own two lots at 1/3 acre just moments from downtown Bloomington and minutes from campus. 920 N Madison St (202623468) and 317 W 14th St (202623273) can be purchased together for as a bundle for $490,000, or being sold separately for the prices listed in their separate listings. Whether you want to utilize the two existing homes for rental income or start fresh with a new development project, the potential here is unmatched. 920 N Madison St, the blue two-story home on the corner, features a main-level bedroom, full kitchen, and full bath. The upstairs loft features an additional bedroom and full bath, easily converting into a separate, fully operational flat. 317 W 14th St features a spacious, open floor plan, a fully enclosed back sunroom, 4 upstairs bedrooms, and 2 full bathrooms (one on the main level, one upstairs). Both properties come equipped with outbuilding sheds for excellent storage capacity, or other possibilities. Maximize your portfolio or build your dream project in a premier Bloomington location. Neither property is currently rented. Zoned R4. Duplex is a permitted use. Tri-multi-/apartment, opportunities are conditionally approved in this zone and would need to appear before the BZA.
Brand new duplex investment opportunity ideally located one street from the IU campus. You can't get any closer to campus. This thoughtfully designed property offers a total of 4,358 square feet with two spacious units, each featuring 5 bedrooms and 5 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 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 two 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.
Rare opportunity on over one acre in Monroe County with APPROVED building plans for a second residence. Whether you're seeking additional living space, multigenerational flexibility, or future expansion, this property offers possibilities seldom available. The existing home has been extensively renovated and is move-in ready, featuring red oak hardwood floors, stainless steel appliances, updated lighting, a tiled shower, and numerous mechanical improvements. Major updates include a metal roof, siding, decking, PEX plumbing, electrical, and perimeter drain. The one-bedroom, one-bath floor plan is complemented by a walk-out basement with laundry, utilities, and generous storage. With an updated home already in place and approved plans for an additional residence, this unique property offers exceptional flexibility in a peaceful Monroe County setting.
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.
Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington’s thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you’re looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington’s most desirable locations. Property is being sold AS IS.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Bloomington is located in Indiana. 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.
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.
