Bloomington, IN Apartment Buildings for Sale

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$659,900

3,326 SF

Bloomington Sixplex in Opportunity Zone

331 S Grant Street, Bloomington, IN 47401

Six-unit apartment building in prime location near downtown and IU.

A+ Location: Steps from downtown Bloomington and Indiana University.
High Density Multi‑Family Zoning: Presents redevelopment possibilities.
Opportunity Zone: Potential for significant tax advantages.
Solid Rental History: Currently generates $4,650 in total monthly rents.
Spacious 2‑Car Garage: Provides additional storage.

Updated: May 13

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$2,790,000

18,863 SF

Bloomington Apartment Building Near IU

604 N Smith Road, Bloomington, IN 47408

Modern, fully leased apartment building near Indiana University.

Prime location near IU's Kelly School of Business, dining, shopping, and nightlife.
Fully furnished units with modern finishes and large picture windows.
All units are currently fully leased, offering immediate rental income.
Free on‑site parking for all residents.
Water, sewer, trash, and internet included in monthly rent.

Updated: May 19

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$2,250,000

10,344 SF

Bloomington Apartment Complex Near IU

Eleven-unit apartment complex near Indiana University in Bloomington.

703 N Walnut Street, Bloomington, IN 47404

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Bloomington Mixed-Use Building Near Campus

$4,250,000

16,619 SF

Bloomington Mixed-Use Building Near Campus

High-performing mixed-use building in downtown Bloomington near IU campus.

126 E 6Th Street, Bloomington, IN 47408

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$2,925,000

0.11 Acres

Student Housing Investment Near IU

Four units, 18 bedrooms, near IU Campus. Great investment!

314,316,318,320 E 10Th Street, Bloomington, IN 47408

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Bloomington Multifamily Investment Opportunity

$1,400,000

7,511 SF

Bloomington Multifamily Investment Opportunity

12-unit apartment building near downtown and Indiana University.

326 W Kenwood Drive, Bloomington, IN 47404

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$2,975,000

0.20 Acres

Mixed-Use Investment Near IU Campus

Fully leased mixed-use property near IU Campus and Kirkwood Avenue.

217 Lincoln Street, Bloomington, IN 47408

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$2,790,000

18,863 SF

Apartment Building Near IU Campus

Modern, fully leased apartment building near Indiana University.

604 North Smith Road, Bloomington, IN 47408

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$4,500,000

Renovated Townhome Community Near IU

20-unit townhome community near Indiana University with significant capital improvements.

1136 W 17th St, Bloomington, IN 47404

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$4,500,000

Stapleton Townhomes: 20-Unit Community

20-unit townhome community near Indiana University with recent upgrades.

1136 W 17th St, Bloomington, IN 47404

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$1,400,000

Bloomington Multifamily Investment Opportunity

12-unit property with prime location and strong rental income.

326 W Kenwood Dr, Bloomington, IN 47404

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 11 Active listings in Bloomington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

44-Unit Apartment Investment Opportunity

$3,000,000

34,212 SF

44-Unit Apartment Investment Opportunity

44-unit apartment complex with strong occupancy and income potential.

2600 6th Street, Bedford, IN 47421

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Columbus Development Opportunity: 11.53 Acres

$785,000

1,182 SF

Columbus Development Opportunity: 11.53 Acres

11.53 acres in prime Columbus location, ideal for development.

4400 W 25 S, Columbus, IN 47201

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Columbus Multifamily Investment Opportunity

$389,900

3,432 SF

Columbus Multifamily Investment Opportunity

Five-unit income property near downtown Columbus, Indiana.

811 Pearl Street, Columbus, IN 47201

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$299,900

0.41 Acres

Mixed-Use Commercial Property

Versatile property with warehouse, office space, and apartments.

701-705 I Street, Bedford, IN 47421

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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Multifamily Development Opportunity in Charlotte

$559,700

0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215

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Off-Market Properties in Bloomington, IN

Consider similar Off-Market properties in Bloomington, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

7,440 SF

Value Estimation by Request

206 Walnut St, Bloomington, IN 47404

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Multifamily properties

326 Kenwood Dr, Bloomington, IN 47404

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Multifamily properties

2,444 SF

Value Estimation by Request

801 Walnut St, Bloomington, IN 47401

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Bloomington, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 14 apartment buildings for sale in Bloomington, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 75,526 square feet of properties for sale, with an estimated market value of $14,139,900.

Sale prices for two-family homes in Bloomington, IN start at $659,900, averaging $2,356,650, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Property Size Breakdown

The majority of commercial real estate listings in Bloomington fall within the 10,000 to 25,000 square foot range.

Demographics Overview

Population 129K

Population Growth (5Y) +5.6%

Median Household Income $60,732

College Educated 52.2%

High-Yield Neighborhoods for Investment

Identify Bloomington submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
47401	$659.9K
47404	$2.8M
47408	$3.1M

Taxes & Financing

Tax Rate (average for all types) 1.09%

Property Tax per SF $17.52 per sq ft

Tax Rate vs County Average 0.08 pp above county avg

Average Loan-to-Value 65.0%

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Bloomington, IN Apartment Buildings for Sale

Bloomington Sixplex in Opportunity Zone

Six-unit apartment building in prime location near downtown and IU.

Bloomington Apartment Building Near IU

Modern, fully leased apartment building near Indiana University.

Bloomington Apartment Complex Near IU

Bloomington Mixed-Use Building Near Campus

Student Housing Investment Near IU

Bloomington Multifamily Investment Opportunity

Mixed-Use Investment Near IU Campus

Apartment Building Near IU Campus

Renovated Townhome Community Near IU

Stapleton Townhomes: 20-Unit Community

Bloomington Multifamily Investment Opportunity

Opportunities in Nearby Cities

44-Unit Apartment Investment Opportunity

Columbus Development Opportunity: 11.53 Acres

Columbus Multifamily Investment Opportunity

Mixed-Use Commercial Property

Potential Development Sites for Consideration

Asheville Development Opportunity: 5.94 Acres

Greenville Development Opportunity: 1.33 Acres

Prime Development Land, Springfield MO

Multifamily Development Opportunity in Charlotte

Off-Market Properties in Bloomington, IN

206 Walnut St, Bloomington, IN 47404

326 Kenwood Dr, Bloomington, IN 47404

801 Walnut St, Bloomington, IN 47401

Bloomington, IN Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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