For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    308 S Madison Street Bloomington, IN 47403

    View on Map
    Claim this Listing
    For Sale
    $499,000

    Other - Bloomington, IN

    Property size:
    2,351 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $212/SF
    Added:
    Jun 26, 2025
    Days on Market:
    307
    Last Refresh:
    Apr 28 at 11:06 pm

    Property Features for 308 S Madison Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Patio and Porch features
    Deck
    Exterior features
    Basement, Cable Available, Deck Open, None
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Washer
    Standard status
    Active
    APN
    53-08-05-101-016.000-009
    Size
    2,351 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1.5
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Stone
    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Owens

    Listing agent Scott Owens License #RB14023735

    Listing office Owens Realty Group 4075 N Brookwood Dr, Bloomington, IN

    Listing date Jun 26, 2025

    MLS# 202524536 Listing URL

    Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Bloomington Duplex Near Downtown

    This property, located in the heart of downtown Bloomington, is suitable as an investment for an owner-occupant seeking rental income or for full rental of both units (308 & 308.5 S Madison). The property offers convenient access to Indiana University, Kirkwood Ave, Bloomingfoods, the Farmers' Market, and the B-Line trail. An occupancy permit is in place for a total of 7 occupants. The main house, located at 308 S Madison, features 5 bedrooms and 2 full bathrooms, including a remodeled kitchen and renovated bathrooms. The second unit, located at 308.5 S Madison, includes a new bathroom, refreshed kitchen, and new heating and cooling systems. A laundry area for the apartment is located in the garage. The lot size is 0.2 acres and the property size is 2351 square feet. Both units rent easily. The listing agent is the owner. The property is located in Monroe County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.5376398
    Latitude
    39.1642122

    FAQs

    What type of property is this?
    Duplex - Duplex in downtown Bloomington with easy access to amenities.
    Where is this duplex located?
    The property is located at 308 S Madison Street Bloomington, IN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Prime downtown Bloomington location, with easy access to Indiana University and Kirkwood Ave.; Investment opportunity featuring two units: a 5‑bedroom main house and a separate income/in‑law unit.; Main house boasts a remodeled kitchen and renovated bathrooms.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message