$4,250,000

126 E 6th St Bloomington, IN 47408

Old Northeast Neighborhood

Estimated payment $26,370/month

Total Views 3,695
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: 812-336-6888 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

  • Pet Restriction

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
  • Age: 43
  • Style: Multi-Story (3+)
  • Bedrooms: 28
  • Number Above Grade 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
  • Monthly Gross Income: 35000
  • Year Taxes Payable: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 16619
  • Total Finished Sq Ft: 16619
  • Above Grade Finished Sq Ft: 16619
  • Price Per Sq Ft: 255.73
  • 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

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

  • Total Assessed Value: 2379300
  • Annual Property Tax: 44706.54

Multi Family

  • Gross Monthly Rent: 35000
  • 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
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 19

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

This home is located at 126 E 6th St, Bloomington, IN 47408 and is currently priced at $4,250,000, approximately $255 per square foot. This property was built in 1982. 126 E 6th St is a home located in Monroe County with nearby schools including University Elementary School, Tri-North Middle School, and Bloomington High School North.

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.

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Jeff Brawley
Listing Agent
Jeff Brawley
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Brawley Real Estate
(812) 889-0794