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Two-Home Duplex Package
For Sale
$419,900

122 N Clark Street, Bloomington, IN 47408

Residential Income, Bloomington, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market10

Property Features for 122 N Clark Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Subdivision No Subdivision
Elementary school district Monroe County Community Sch Corp
Middle school district Monroe County Community Sch Corp
High school district Monroe County Community Sch Corp
Directions GPS Friendly
Standard status Active
APN 530534414010000005
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 013-41390-00 Highland Homes Blk Y Lots 41, 42 & 40
Legal Description 013-41390-00 Highland Homes Blk Y Lots 41, 42 & 40

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1946
Floors in Building 1
Number of units 2
Building materials Block
Roof type Shingle
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Mark Linder · License #RB14044403
Added: Aug 14 Changed: Aug 19 Last Checked: Aug 23 at 12:06PM
MLS# 22120105

Copyright © 2026 MIBOR Service Corporation. 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.

This residential income property includes the homes at 122 N Clark Street and 124 N Clark Street on one 0.12-acre lot. Each residence contains 768 square feet with two bedrooms and one bathroom. The homes were built in 1946 with block construction, shingle roofs, forced-air heat, and central air; central air was installed in 2024.

The property is in Bloomington near the IU campus and east-side amenities, including Mother Bears Pizza, the IU Auditorium, Memorial Stadium, and Assembly Hall. Both residences have maintained 100% occupancy for more than 30 years. The package can be acquired as an investment property or used as student housing with rental income from the remaining space, as described in the property information.

Key Highlights

  • Two homes at 122 and 124 N Clark Street on one 0.12‑acre lot
  • Each residence offers 768 square feet, two bedrooms, and one bathroom
  • 100% occupancy maintained for the last 30 plus years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Building Supply Big Box & Wholesale Store Home Appliance Store Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby

Demographics for 47408, IN

22,917
Population
10,456
Households
2.2
Avg Household Size
28
Median Age
59%
College-Educated
98%
High-School Grad
64.4 sq mi
ZIP Area
356
Density / Sq Mi
$45,584
Median Household Income
$15,819
Median Earnings
$1,177
Median Rent
$304,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer four bedrooms and two bathrooms across a single residential income property.
Where is this duplex located?
The property is located at 122 N Clark Street Bloomington, IN.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two homes at 122 and 124 N Clark Street on one 0.12‑acre lot; Each residence offers 768 square feet, two bedrooms, and one bathroom; 100% occupancy maintained for the last 30 plus years
More about this property
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