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Bloomington, IN Multifamily Homes & Duplexes for Sale

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  • /35

    $420,000

    • 5 Beds
    • 3 Baths
    • 1,676 Sq Ft

    1101 S Rogers St, Bloomington, IN 47403

    This well-maintained triplex sits in the heart of Bloomington’s vibrant McDoel Gardens neighborhood—just steps from Switchyard Park, the B-Line Trail, Hopscotch Coffee, Cardinal Spirits, and Southern Stone Restaurant. This property has a HAND rental permit - 3 unrelated tenants PER UNIT! Located on the city bus line, the property offers both exceptional convenience and strong tenant appeal. Each

    Agent Photo

    Laura Stevens

    The Indiana Team LLC

    (812) 497-8099

    1101 S Rogers St, Bloomington, IN 47403
  • /12

    $525,000

    • 3 Beds
    • 2 Baths
    • 988 Sq Ft

    420 N Lincoln St, Bloomington, IN 47408

    This charming three bedroom, two bathroom home sits just steps from IU Campus in one of Bloomington’s most sought after student housing areas. The property is rented for $3,150 per month through July 2026, with rent increasing to $3,465 per month in August 2026. Inside, the home offers a spacious living area and a comfortable layout that works well for student living. Outside, you’ll find a

    Jeff Brawley Brawley Real Estate

    420 N Lincoln St, Bloomington, IN 47408
  • /17

    $795,000

    • 5 Beds
    • 2 Baths
    • 1,992 Sq Ft

    424 N Lincoln St, Bloomington, IN 47408

    Located just steps from IU Campus, this spacious five bedroom, two bathroom home is the perfect investment property & student rental. The home is currently leased for $5,200 per month through July 2026, with rent increasing to $5,720 per month beginning August 2026. All leases are joint and include guarantors for each student. This is a strong, reliable income producing property in the most

    Jeff Brawley Brawley Real Estate

    424 N Lincoln St, Bloomington, IN 47408
  • /35

    $265,000

    • 4 Beds
    • 2 Baths
    • 1,248 Sq Ft

    7163 & 7165 W Tulip St, Bloomington, IN 47404

    Property with incredible income potential! This duplex features two 624 square foot units each including 2 bedrooms, a living room, an eat-in kitchen and a full bath. Built by Kenton Robinson in 1969 it has been meticulously updated by its current owner with extensive documentation ready to share! Prior to the current owner both units in this duplex were rented. But considering the location with

    Rose-Antoinette Seiwert The Indiana Team LLC

    7163 & 7165 W Tulip St, Bloomington, IN 47404
  • /17

    $164,500

    • 3 Beds
    • 1 Bath
    • 1,600 Sq Ft

    3721 W Tapp Rd, Bloomington, IN 47403

    Great investment opportunity! This 1,600 sq ft, 3-bedroom, 1-bath home features hardwood floors in the main living areas and bedrooms, a finished bonus room on the lowerlevel, and ample potential for updates. This property offers a chance to build equity with somework and vision.

    Chris Smith RE/MAX Acclaimed Properties

    3721 W Tapp Rd, Bloomington, IN 47403
  • /13

    $350,000

    • 6 Beds
    • 2 Baths
    • 3,276 Sq Ft

    823 N Maple St, Bloomington, IN 47404

    Building Size: ±3,276 SF Zoning: R3 – Residential Small Lot Located just minutes from downtown Bloomington and within walking distance to the city’s new Trades District, this property offers a rare opportunity for investors or developers seeking a prime redevelopment or income-producing project. The building features a flexible, multi-level layout: First Floor: 2 bedrooms – ideal for a private

    Chris Cockerham FC Tucker/Bloomington REALTORS

    823 N Maple St, Bloomington, IN 47404
  • /21

    $425,000

    • 4 Beds
    • 2 Baths
    • 1,566 Sq Ft

    1600 E 2nd St, Bloomington, IN 47401

    Prime location for anyone looking to tap into the Bloomington Indiana University investment market. This property is a 9 minute walk to campus and will attract future tenants not only for the location but all the extras including an outdoor basketball court and covered entertaining area as well as a patio and green space on this oversized corner lot. When the weather is cooler, there is a large

    Kathy Scheid The Indiana Team LLC

    1600 E 2nd St, Bloomington, IN 47401
  • /9

    $615,000

    • 4 Beds
    • 2 Baths
    • 1,512 Sq Ft

    424 E Cottage Grove Ave, Bloomington, IN 47408

    Charming 4-bedroom, 2-bath property in one of Bloomington’s most sought-after rental corridors. Leased at $4,250/month through July 2026, with rent increasing to $4,675/month from August 2026–July 2027. With consistent demand and redevelopment potential, this is a solid piece of a high-performing portfolio. Must be purchased with 422 E Cottage Grove and 609 N Dunn.

    Jeff Brawley Brawley Real Estate

    424 E Cottage Grove Ave, Bloomington, IN 47408
  • /16

    $1,115,000

    • 7 Beds
    • 5 Baths
    • 2,824 Sq Ft

    422 E Cottage Grove Ave, Bloomington, IN 47408

    Spacious 7-bedroom, 5-bath home in a prime student rental location. Currently leased at $7,300/month through July 2026, with rent increasing to $8,030/month from August 2026–July 2027. This property benefits from strong pre-leasing demand and delivers stable cash flow with long-term upside. Must be purchased with 424 E Cottage Grove and 609 N Dunn.

    Jeff Brawley Brawley Real Estate

    422 E Cottage Grove Ave, Bloomington, IN 47408
  • /21

    $815,000

    • 5 Beds
    • 2 Baths
    • 1,916 Sq Ft

    609 N Dunn St, Bloomington, IN 47408

    Excellent 5-bedroom, 2-bath rental just steps from campus. Currently leased at $5,450/month through July 2026, with rent increasing to $5,995/month from August 2026–July 2027. This property combines strong occupancy history, reliable income, and future growth potential. Must be purchased with 422 and 424 E Cottage Grove.

    Jeff Brawley Brawley Real Estate

    609 N Dunn St, Bloomington, IN 47408
  • /2

    $1,495,000

    • 11 Beds
    • 6 Baths
    • 3,565 Sq Ft

    203 E 10th St, Bloomington, IN 47408

    Prime investment opportunity near IU Campus with a huge lot and plenty of off-street parking. This property includes 3 spacious units (2BR, 4BR, 5BR) for a total of 11 bedrooms, generating $10,625/month in rental income and room for growth. With its central location, strong tenant demand, and ample parking (a rare find this close to campus) this asset is a proven performer in Bloomington’s

    Jeff Brawley Brawley Real Estate

    203 E 10th St, Bloomington, IN 47408
  • /10

    $725,000

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft

    403 N Dunn St, Bloomington, IN 47408

    Fantastic 4-bedroom rental steps from IU Campus. Currently leased at $4,200/month through July 2026, with tenants paying all utilities. Leased for the 2026/2027 school year at $4,620 a month. Excellent location and strong rental history make this a proven investment opportunity.

    Jeff Brawley Brawley Real Estate

    403 N Dunn St, Bloomington, IN 47408
  • /4

    $199,900

    • 5 Beds
    • 2 Baths
    • 1,176 Sq Ft

    1222 W Kirkwood Ave, Bloomington, IN 47404

    5 Bd, 2 ba home w/rental permit for 5 on Bloomington's near West side of the downtown. This home is being sold “as is”. Currently rented for $1400/month, this property can work well for an owner occupant or an investor. Lots of parking in back of the structure. Ultra-convenient to downtown Bloomington, Indiana University, and Downtown and West side restaurants, services, and shopping. Great

    Andy Walker RE/MAX Acclaimed Properties

    1222 W Kirkwood Ave, Bloomington, IN 47404
  • /6

    $155,000

    • 1 Bed
    • 1 Bath
    • 688 Sq Ft

    827 W 1st St, Bloomington, IN 47403

    This cozy bungalow is 1-bedroom and 1-full bath with a nice size yard and private parking. Perfectly sized for easy living, the home sits on a spacious yard that's ideal for relaxing, gardening, or entertaining. Conveniently located just minutes from downtown, enjoy quick access to shopping, dining, and all the local amenities. Includes a refrigerator and electric range. The laundry area has a

    Stacy Starr Bex Choice Realty & Management

    827 W 1st St, Bloomington, IN 47403
  • /14

    $150,000

    • 1 Bed
    • 1 Bath
    • 608 Sq Ft

    825 W 1st St, Bloomington, IN 47403

    Cozy and Charming Near Downtown! This delightful 1-bedroom, 1-bath home offers 608 square feet of inviting living space with plenty of charm. Perfectly sized for easy living, the home sits on a spacious yard that's ideal for relaxing, gardening, or entertaining. Conveniently located just minutes from downtown, enjoy quick access to shopping, dining, and all the local amenities. Private

    Stacy Starr Bex Choice Realty & Management

    825 W 1st St, Bloomington, IN 47403
  • /13

    $225,000

    • 4 Beds
    • 2.5 Baths
    • 2,200 Sq Ft

    2346 E Winding Brook Cir, Bloomington, IN 47401

    Highly Motivated! SELLER WILL PAY 1 YEAR OF HOA DUES WITH ACCEPTABLE OFFER! Condo in The Woodlands, leased through August 2026. Located directly behind Childs School, this low-maintenance property offers strong rental appeal with its wooded views, private setting, and generous natural light as an end unit. The property also includes a 1-car detached garage for additional storage or tenant

    John McCormack RE/MAX Acclaimed Properties

    2346 E Winding Brook Cir, Bloomington, IN 47401
  • /32

    $775,000

    • 0.5 Baths
    • 4,302 Sq Ft

    4638 E State Road 45, Bloomington, IN 47408

    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

    Heather Groves Sterling Real Estate

    4638 E State Road 45, Bloomington, IN 47408
  • /17

    $4,250,000

    • 28 Beds
    • 31 Baths
    • 16,619 Sq Ft

    126 E 6th St, Bloomington, IN 47408

    Located in the heart of downtown Bloomington just steps from Kirkwood Avenue, the Bloomington square, and IU campus, 126 E 6th Street is a high-performing mixed-use building with a total market rent of $35,000 per month across 19 units. This property benefits from consistent foot traffic and excellent proximity to campus. This is a rare opportunity to invest in one of Bloomington’s most vibrant

    Jeff Brawley Brawley Real Estate

    126 E 6th St, Bloomington, IN 47408
  • /36

    $325,000 Open Sun 1PM - 3PM

    • 6 Beds
    • 2 Baths
    • 2,208 Sq Ft

    508 Sanjuan Dr, Bloomington, IN 47403

    Fantastic opportunity and value is found in this solid, all brick near-southside duplex. Quiet dead-end street just off S. Rogers. Great lot with nice backyard. Off street parking in driveway and covered parking in 1 car carport for each unit. Each side features 3 bedrooms, 1 bath, a bright and sunny living area, full kitchen, dining room, laundry, and separate mechanicals. Attached carports are

    Kate Miller Century 21 Scheetz - Bloomington

    508 Sanjuan Dr, Bloomington, IN 47403
  • /28

    $499,000

    • 5 Beds
    • 3 Baths
    • 2,351 Sq Ft

    308 S Madison St, Bloomington, IN 47403

    Great investment for an owner-occupant with added income unit (or in-law unit), or fully rent both units (308 & 308.5 S Madison). Located in the heart of downtown Bloomington! Easy access to Indiana University, Kirkwood Ave, Bloomingfoods, Farmers' Market, B-Line trail, etc . Occupancy permit in-place for 7 total. The main house (308 S Madison) has 5 bedrooms and 2 full bathrooms. It boasts a

    Scott Owens Owens Realty Group

    308 S Madison St, Bloomington, IN 47403
  • /36

    $314,900

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    1005 E Maxwell Ln, Bloomington, IN 47401

    This home has been a successful AirBnB for the last several years making it a great investment as a short-term or long-term rental. Owner currently has $7,300 in bookings between June and October that could stay with the house. Owner willing to sell short-term rental business which would include the listing, pictures, marketing, daily/weekly/seasonal pricing strategies, policies, communication

    Micah Heath Keller Williams - Indy Metro South LLC

    1005 E Maxwell Ln, Bloomington, IN 47401
  • /3

    $275,000

    • 2 Beds
    • 1 Bath
    • 804 Sq Ft

    1200 N Lincoln St, Bloomington, IN 47408

    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

    Jeff Brawley Brawley Real Estate

    1200 N Lincoln St, Bloomington, IN 47408
  • /10

    $1,400,000

    • 12 Beds
    • 12 Baths
    • 7,511 Sq Ft

    326 W Kenwood Dr, Bloomington, IN 47404

    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.

    Jeff Brawley Brawley Real Estate

    326 W Kenwood Dr, Bloomington, IN 47404
  • /19

    $1,099,000

    • 7 Beds
    • 4 Baths
    • 3,614 Sq Ft

    425 N Walnut St, Bloomington, IN 47404

    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

    Jeff Brawley Brawley Real Estate

    425 N Walnut St, Bloomington, IN 47404
  • /11

    $469,000

    • 5 Beds
    • 3 Baths
    • 2,292 Sq Ft

    614 S Lincoln St, Bloomington, IN 47401

    Rare opportunity duplex (Apt 1 - 1 bedroom, Apt 2 - 4 bedroom) with 8 total (3 and 5) occupancy permit and detached garage! New roof in 2022, new exterior main drain line to city sewer in 2021! Apt 1 leased for $850/mo and A9t 2 leased for $2,796/mo through July 2026. Minimum 24hr notice to tenants required for showing.

    David Kerber Bloomington Property Services

    614 S Lincoln St, Bloomington, IN 47401
  • /2

    $339,000

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    504 S Eastside Dr, Bloomington, IN 47401

    Classic charm meets walkable convenience in this 3-bedroom, 1-bath home just minutes from Indiana University. This 1938-built residence offers true character and off-street parking—all in one of Bloomington’s most desirable central neighborhoods. Currently leased at $2,300/month with an increase to $2,400/month in August 2025, this property delivers long-term investment potential. Whether for

    Jeff Brawley Brawley Real Estate

    504 S Eastside Dr, Bloomington, IN 47401
  • /2

    $395,000

    • 6 Beds
    • 4 Baths
    • 2,310 Sq Ft

    3022 N Smith Pike Unit A & B, Bloomington, IN 47404

    Curt Hayes Hayes Realty, Inc

    3022 N Smith Pike Unit A & B, Bloomington, IN 47404

Why Live in Bloomington

Indiana University's historic campus forms the cultural heart of Bloomington, where students and residents enjoy performances at the Buskirk-Chumley Theater and explore world-class collections at the Eskenazi Museum of Art. The city's outdoor spaces include Monroe Lake for boating and swimming, plus miles of hiking trails through Hoosier National Forest and the B-Line Trail. Local dining ranges from upscale steakhouse Janko's Little Zagreb to craft beer at Upland Brewing Co, while the Bloomington Community Farmers' Market ranks among Indiana's largest.

The housing market features diverse options across distinct neighborhoods. The median single-family home price is $369,000, with prices varying significantly by area. Bryan Park homes have a median price of $292,000, while Elm Heights commands $599,000. Renwick stands as the most expensive area with a median price of $712,500. Condominiums present a more affordable entry point, with one-bedroom units at a median of $167,000 and two-bedrooms at $220,000.

Bloomington's cost of living sits 0.3% below the national average. A family with school-age children needs approximately $105,000 annually to live comfortably, while renters should aim for $54,000. The property tax rate of 0.7% compares favorably to Indianapolis at 0.93%. The public school system includes highly rated institutions like Bloomington High School South and Tri-North Middle School. Private options include the A+ rated Clear Creek Christian School. Indiana University Bloomington adds educational opportunities and cultural amenities to the community. The city connects to Indianapolis 50 miles away, with Chicago 230 miles north and Louisville 100 miles south.

Home Trends in Bloomington, IN

Housing Trends

Median Sale Price
$330,000
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$482,000
Median 2 Bedroom Sale Price
$208,000
Median 1 Bedroom Sale Price
$164,000
Average Price Per Sq Ft
$197
Number of Homes for Sale
178
Last 12 months Home Sales
562
Months of Supply
3.80
Median List Price
$349,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
4%
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