$1,400,000
$169K PRICE DROP

Estimated payment $8,269/month

Total Views 17,836
12 Beds
12 Baths
7,511 Sq Ft
$186 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 3-minute walk to Miller-Showers Park
  • Tri-North Middle School Rated A

About This Home

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.

Listing Agent

Jeff Brawley

Brawley Real Estate Brokerage Phone: 844-254-7368 Listed on: 10/24/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,943

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 16 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 53-05-33-204-142.000-005

Community Details

Overview

  • 12 Units
  • Northwest Bloomington City Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $10,646
  • Maintenance Expense $6,127
  • Trash Expense $611

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,943

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1971
  • Style: Two Story
  • Bedrooms: 12
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: KENWOOD PK L-5 & PT L-6 KENWOOD TERRACE
  • Parcel Number ID: 53-05-33-204-142.000-005
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 9911
  • Total Finished Sq Ft: 7511
  • Above Grade Finished Sq Ft: 7511
  • Below Grade Sq Ft: 2400
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 2400
  • Number Of Disposals: 12
  • Number Of Ranges Ovens: 12

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 10646
  • Annual Maintenance Expense: 6127
  • Annual Trash Expense: 611.3
  • Number Of W D Hookups: 7

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Sewer, Water

Tax Info

  • Annual Property Tax: 10942.7

Multi Family

  • Number Of Dryers: 5
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Number Of Washers: 5
  • Num Of1 Bedrooms: 12

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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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $1,400,000 -4.7% $186 / Sq Ft
11/27/2024 11/27/24 Price Changed $1,469,370 -6.4% $196 / Sq Ft
10/24/2024 10/24/24 For Sale $1,569,370 0.0% $209 / Sq Ft
03/05/2021 03/05/21 Rented $725 0.0% --
08/16/2020 08/16/20 For Rent $725 -8.8% --
11/01/2019 11/01/19 Rented $795 0.0% --
08/27/2019 08/27/19 For Rent $795 +17.8% --
08/12/2019 08/12/19 Rented $675 0.0% --
12/28/2018 12/28/18 Price Changed $675 +10.7% $1 / Sq Ft
12/29/2016 12/29/16 For Rent $610 +10.9% --
08/25/2016 08/25/16 Rented $550 +11.1% --
08/25/2016 08/25/16 Under Contract -- -- --
11/24/2014 11/24/14 For Rent $495 -5.7% --
09/19/2014 09/19/14 Rented $525 0.0% --
09/19/2014 09/19/14 Under Contract -- -- --
08/26/2013 08/26/13 For Rent $525 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202441218

Indiana Regional MLS