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Bloomington, IN Multifamily Homes & Duplexes for Sale

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  • /9

    $279,000

    • 2 Beds
    • 3 Baths
    • 1,464 Sq Ft

    521 W 6th St, Bloomington, IN 47404

    This Historic 1464 sq ft investment Tri-Plex home is located in the Near West Side Historic district. This home features three (3) fully rented apartments close to restaurants, shopping and entertainment. Unit 1 has a new furnace. Unit 2 has new paint and carpet. Unit 3 is an efficiency. ****SUBJECT TO TENANTS RIGHTS****

    Agent Photo

    Michelle Stanger

    Stanger Homes, LLC

    (812) 551-2469

    521 W 6th St, Bloomington, IN 47404
  • /35

    $435,000

    • 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
  • /10

    $305,000

    • 2 Beds
    • 2 Baths
    • 1,352 Sq Ft

    4501 E Stephens Dr Unit 4501 and 4503, Bloomington, IN 47408

    1 bedroom/1 bath Duplex Apartment on each side with Tenants already in place. Has Occupancy Permits for 3 people per side. Inspection just renewed. Updates include: New Roof, New Gutters, New Shutters, Power Washed, Front Entry Doors painted (2025) 4501 has new HWH (2024) and New Furnace (2020), New Garage Door (2025), New insulation in Garage Closet/storage (2025). 4503 has a New Storm

    Linda Quillen Action Property Mgmt. & Realty

    4501 E Stephens Dr Unit 4501 and 4503, Bloomington, IN 47408
  • /36

    $349,900

    • 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
  • /21

    $279,900

    • 4 Beds
    • 4 Baths
    • 1,792 Sq Ft

    980 N Logan Rd, Bloomington, IN 47404

    Well-Maintained Westside Duplex – Quiet, Convenient Location! This charming duplex sits at the end of a quiet street on Bloomington’s west side. Each unit features 2 bedrooms, 2 full baths, an eat-in kitchen, living room, and laundry hookups. Situated on a spacious lot with a large, private backyard—perfect for outdoor enjoyment. Just 2.6 miles from IU’s campus and stadium, and close to shopping,

    Amy Kopp RE/MAX Acclaimed Properties

    980 N Logan Rd, Bloomington, IN 47404
  • /15

    $285,000

    • 3 Beds
    • 1 Bath
    • 1,722 Sq Ft

    955 N Curry Pike, Bloomington, IN 47404

    This property is a rare find, zoned Heavy Industrial (HI)—the most flexible industrial designation in the county. With 0.77 acres, an existing 1,722 sq ft structure, and direct access to major routes like SR-45, SR-46, and I-69, it’s perfectly positioned right on Curry Pike for manufacturers, contractors, or investors seeking immediate industrial use without the delays of rezoning. This site

    Jeff Brawley Brawley Real Estate

    955 N Curry Pike, Bloomington, IN 47404
  • /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
  • /35

    $550,000

    • 4 Beds
    • 3 Baths
    • 3,460 Sq Ft

    4977 E State Road 46, Bloomington, IN 47401

    10% CAP Rate! Two New Homes. One Incredible Opportunity. Welcome to a one-of-a-kind property offering not one, but two fully renovated homes on a single parcel—just minutes from all that Bloomington has to offer. Whether you're looking for a multi-generational setup, a primary home with guest space, or a smart investment opportunity, this property checks every box. Home One is a beautifully

    Chris Berg eXp Realty LLC

    4977 E State Road 46, Bloomington, IN 47401
  • /36

    $329,900

    • 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
  • /32

    $329,900

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    1831 S Maxwell St, Bloomington, IN 47401

    Great investment opportunity on the Southeast side. Close to the Indiana University campus and the Bloomington bus line. Each unit in this duplex has combined living room and kitchen with laundry facilities in the kitchen area. There is also 2 bedrooms and a full bath in each unit. All current appliances remain. New roof was installed over the entire building in 2020. Recently installed water

    Isaac Redden Century 21 Scheetz - Bloomington

    1831 S Maxwell St, Bloomington, IN 47401
  • /22

    $3,995,000

    • 40 Beds
    • 40 Baths
    • 23,310 Sq Ft

    1201 W Allen St, Bloomington, IN 47403

    Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side

    Audra Cannon CRM Properties, Inc

    1201 W Allen St, Bloomington, IN 47403
  • /20

    $499,000

    • 7 Beds
    • 5 Baths
    • 1,944 Sq Ft

    6825 E State Road 45, Bloomington, IN 47408

    Escape to the tranquility and privacy of this rare rural property offering not one, but three distinct parcels with endless possibilities. Located in a serene area with plenty of space to breathe, this property is perfect for those looking to enjoy quiet living while still maintaining a connection to the income-generating potential of the land. Please note, due to shared access, all four parcels

    Eileen Mejia Mejia Realty LLC

    6825 E State Road 45, Bloomington, IN 47408
  • /10

    $299,000

    • 3 Beds
    • 1 Bath
    • 922 Sq Ft

    2214 E 7th St, Bloomington, IN 47408

    Great location just east of IU! Excellent rental history. Rented through July 2025 at 1900/mo. Rented August 2025 through July 2026 at 2085/mo. 3 person occupancy permit. 6 person occupancy potential with duplex development. Sold individually or in conjuction with 2210 E 7th St, up to 12 person occupancy potential with duplex development on each parcel.

    David Kerber Bloomington Property Services

    2214 E 7th St, Bloomington, IN 47408
  • /10

    $295,000

    • 3 Beds
    • 1 Bath
    • 922 Sq Ft

    2210 E 7th St, Bloomington, IN 47408

    Great location just east of IU! Excellent rental history. Rented through July 2025 at 1950/mo. Rented August 2025 through July 2026 at 2085/mo. 3 person occupancy permit. 6 person occupancy potential with duplex development. Sold individually or in conjuction with 2214 E 7th St, up to 12 person occupancy potential with duplex development on each parcel.

    David Kerber Bloomington Property Services

    2210 E 7th St, Bloomington, IN 47408
  • /8

    $264,900

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    405 E Southern Dr, Bloomington, IN 47401

    Currently a 2 BR/1bath house rented for $1800/mo, but property was purchased to build a 4 plex. City zoning has already given preliminary approval for this use for this lot- Current house would need to be demolished, but you can collect rent until all the paperwork is finished! This is walkable to FETA restaurant and SOMA Coffeehouse at the corner of High and Henderson and perfect for student

    Kelly Harding Millican Realty

    405 E Southern Dr, Bloomington, IN 47401
  • /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
  • /3

    $299,000

    • 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
  • /16

    $734,000

    • 5 Beds
    • 3 Baths
    • 1,664 Sq Ft

    418 N Grant St, Bloomington, IN 47408

    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 that’s perfect

    Jeff Brawley Brawley Real Estate

    418 N Grant St, Bloomington, IN 47408
  • /10

    $1,469,370

    • 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

    $1,125,000

    • 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

    $349,000

    • 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
$453,729
Median Single Family Sale Price
$580,000
Median 2 Bedroom Sale Price
$256,500
Median 1 Bedroom Sale Price
$167,000
Average Price Per Sq Ft
$207
Number of Homes for Sale
49
Last 12 months Home Sales
436
Months of Supply
1.30
Median List Price
$469,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
9%
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