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Residential Income Investment Property

1200 N Lincoln Street Bloomington, IN 47408

1200 N Lincoln Street, Bloomington, IN, 47408
$275,000
For Sale
$275,000

MULTI_FAMILY - Bloomington, IN

Property Size804 SF
Lot Size0.07 Acres
Price / SF$342.04
Days on Market623

Property Features for 1200 N Lincoln Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2
Basement
Block
Standard status
Active
APN
53-05-33-201-008.000-005
Size
804 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
NORTHVIEW PT LOT 24
Tax Annual Amount
1798

Utilities

Cooling system
Central Air

Building Details

Year built
1899
Floors in Building
1
Number of units
1
Architectural style
Other
Listing agency Brawley Real Estate
Listed by Jeff Brawley · License #RB14041028
Added: Nov 5, 2024 Updated: Jul 6 at 4:04PM Checked: Jul 21 at 2:06PM
MLS# 202442972

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.


Investment Insights

Based on property information with market context.

1200 N Lincoln Street is a for-sale residential income property configured as a 2-bedroom, 1-bath home on a 0.07-acre lot. The property size is listed at 804 square feet, with the current improvements representing a straightforward residential structure for an owner-operator or investor.

The home is located in Bloomington, Indiana, in Monroe County, and is described as being close to Indiana University. The listing further notes that zoning allows for expanded possibilities, positioning the site for those looking beyond the existing improvements.

This offering may appeal to investors and developers who want to evaluate the current residential layout while considering future opportunities permitted by local zoning. Because the property’s stated redevelopment angle is supported by the listing’s reference to expanded possibilities, interested parties may find it a practical fit for underwriting a range of scenarios tied to the property’s zoning constraints and site size.

Key Highlights

  • 2‑bedroom, 1‑bath property near Indiana University (1200 N Lincoln)
  • Central air cooling
  • Built in 1899

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Veterinary Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store Butcher Electrical Service Carpet & Flooring Store

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

FAQs

What type of property is this?
Single family property - For sale single-unit residential income property with 2 bedrooms and 1 bath, suited for investors and potential redevelopment.
Where is this single family property located?
The property is located at 1200 N Lincoln Street Bloomington, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath property near Indiana University (1200 N Lincoln); Central air cooling; Built in 1899
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