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Old Northeast Multifamily Homes & Duplexes for Sale

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  • /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
  • /16

    $717,000

    • 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
  • /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

Why Live in Old Northeast

Old Northeast in Bloomington, IN, is a historic neighborhood with a median build year of 1925, featuring a mix of small Craftsman, American Foursquares, Dutch Colonials, and Victorian homes, particularly around Washington Street. The area also includes townhouses, apartments, and many homes converted into rentals, with rentals being the predominant housing option. Narrow roads and alleyways facilitate pedestrian movement, and the neighborhood's proximity to Indiana University (IU) brings a vibrant student presence. Residents enjoy easy access to IU's outdoor attractions, such as Dunn’s Woods and Dunn Meadow, as well as the Kirkwood Observatory. The nearby B-Line Trail connects to Rev. Ernest D. Butler Park and Switchyard Park, providing additional recreational opportunities. Downtown Bloomington, just a short walk away, offers a variety of things to do, including dining at diverse restaurants like The Trojan Horse and Samira Restaurant, shopping at unique stores such as Tivoli Fashions and Rewind Records, and nightlife at Tap Bloomington. The area hosts events like the Fourth Street Festival of the Arts and performances at the Buskirk-Chumley Theater. Bloomington Transit buses serve the neighborhood, and residents are a few miles from Interstate 69 and about 55 miles from Indianapolis. The neighborhood is safer than the national average, and students attend highly rated schools, including University Elementary School, Tri-North Middle School, and Bloomington High School North, which is noted for its strong STEM and athletic programs.

Home Trends in Old Northeast, IN

Housing Trends

Median Sale Price
$399,000
Median Single Family Sale Price
$1,370,000
Average Price Per Sq Ft
$458
Number of Homes for Sale
3
Last 12 months Home Sales
1
Months of Supply
36.00
Median List Price
$884,658
Median Change From 1st List Price
0%
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