$199,900
PENDING

Estimated payment $1,435/month

Total Views 3,654
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover an exceptional investment opportunity with this updated 3-unit property located just steps from downtown Bloomington. This building is fully rented with long term tenants in place. Recent improvements ensure low maintenance and long-term value. Tenants also enjoy the convenience of ample off-street parking, a rare find this close to downtown. Whether you're looking to expand your portfolio or begin investing, this property delivers strong cash flow and an unbeatable location near restaurants, shops, public transportation, and campus.

Listing Agent

Neal Fridrich

RE/MAX Rising License #475193719 Listed on: 07/05/2025

RE/MAX Rising

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1910 | Remodeled in 2024

Parking

  • 4 Parking Spaces

Home Design

  • Queen Anne Architecture

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Sheridan Elementary School
  • Bloomington Jr High Middle School
  • Bloomington High School

Additional Features

  • Lot Dimensions are 50 x 108
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,941

Year Built

Built in 1910 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne
  • New Construction: No
  • Subdivision Name: Not Applicable
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Cellar, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199900
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Sheridan Elementary
  • High School: Bloomington High School
  • Middle/Junior School: Bloomington Jr High School
  • Middle/Junior School District: 87

Lot Info

  • Lot Dimensions: 50 X 108
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 3940.96
  • Tax Year: 2024

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

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

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 $3,574 $48,606 $5,312 $43,294
2022 $3,574 $42,049 $4,595 $37,454
2021 $3,271 $38,494 $4,207 $34,287
2020 $3,137 $37,013 $4,045 $32,968
2019 $3,128 $37,013 $4,045 $32,968
2018 $3,115 $37,013 $4,045 $32,968
2017 $3,116 $37,013 $4,045 $32,968
2016 $3,111 $37,013 $4,045 $32,968
2015 $2,482 $29,617 $4,045 $25,572
2014 $2,403 $29,617 $4,045 $25,572
2013 -- $29,617 $4,045 $25,572
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Pending -- -- --
07/05/2025 07/05/25 For Sale $199,900 +59.9% --
11/10/2023 11/10/23 Sold $125,000 0.0% --
10/07/2023 10/07/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $125,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 New Conventional
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12404343

Midwest Real Estate Data (MRED)

APN: 21-04-254-004