Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington's thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you're looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington's most desirable locations. Property is being sold "AS IS".

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IDX information provided by the Indiana Regional MLS. Data was last updated on this website at June 13, 2026 11:58 AM EDT. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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CENTURY 21 Scheetz - Bloomington

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Property Details

Basic Information

Property

Location

Interior Features

Beds/Baths

Basement

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Other Details

Finance

Map Location

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CENTURY 21 Scheetz - Bloomington