$4,250,000

126 E 6th St Bloomington, IN 47408

Old Northeast Neighborhood

Estimated payment $25,818/month

Total Views 12,872
28 Beds
31 Baths
16,619 Sq Ft
$256 Price per Sq Ft

Highlights

  • Corner Lot
  • Breakfast Bar
  • Ceiling Fan
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

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 and walkable areas.

Listing Agent

Jeff Brawley

Brawley Real Estate Brokerage Phone: 844-254-7368 Listed on: 07/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,707

Year Built

  • Built in 1982

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 16,619 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Breakfast Bar

Bedrooms and Bathrooms

  • 28 Bedrooms

Schools

  • University Elementary School
  • Tri-North Middle School
  • Bloomington North High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for building insurance, tax
  • Assessor Parcel Number 53-05-33-310-137.000-005

Community Details

Overview

  • 19 Units
  • Northeast Bloomington City Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $18,808
  • Maintenance Expense $21,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,707

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1982
  • Style: Multi-Story (3+)
  • Bedrooms: 28
  • Total Bathrooms: 31
  • Total Full Bathrooms: 20
  • Total Number of Half Bathrooms: 11
  • Legal Description: ORIGINAL PLAT PT LOT 189 THE SMITH HOUSE
  • Parcel Number ID: 53-05-33-310-137.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Breakfast Bar, Detector-Smoke
  • Location: City/Town/Suburb, Near College Campus
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 16619
  • Total Finished Sq Ft: 16619
  • Above Grade Finished Sq Ft: 16619
  • Basement Foundation: Slab
  • Number Of Disposals: 14
  • Number Of Microwaves: 14
  • Number Of Ranges Ovens: 14

Exterior Features

  • Exterior: Brick, Stucco
  • Stories: 4

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 18808
  • Annual Maintenance Expense: 21000
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: University

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14
  • Lot Number: 189

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Sewer, Water

Tax Info

  • Annual Property Tax: 44706.54

Multi Family

  • Number Of Dishwashers: 14
  • Number Of Dryers: 14
  • Number Of Refrigerators: 14
  • Number Of Units: 19
  • Number Of Washers: 14
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 5

MLS Schools

  • High School: Bloomington North
  • Middle School: Tri-North
  • School District: Monroe County Community School Corp.

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $44,707 $2,179,000 $354,800 $1,824,200
2023 $50,477 $2,379,300 $177,400 $2,201,900
2022 $49,747 $2,451,800 $177,400 $2,274,400
2021 $48,844 $2,351,200 $147,800 $2,203,400
2020 $48,517 $2,351,200 $147,800 $2,203,400
2019 $30,910 $1,468,400 $147,800 $1,320,600
2018 $37,966 $1,798,600 $147,800 $1,650,800
2017 $38,106 $1,802,600 $147,800 $1,654,800
2016 $17,003 $818,100 $147,800 $670,300
2014 $18,436 $883,900 $147,800 $736,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 For Sale $4,250,000 -- $256 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202530202

Indiana Regional MLS
Indiana Monroe County Bloomington 47408 Old Northeast

126 E 6th St, Bloomington, IN

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Jeff Brawley
Listing Agent
Jeff Brawley
Section Image
Brawley Real Estate
(812) 889-0794