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Partially Occupied Duplex
For Sale
$215,000

1612 N Willis Dr, Bloomington, IN 47404

Two-bedroom, one-bath units include individual laundry hookups and separate entrances.

Property Size13,068 SF
Price / SF$16.45
Days on Market48

Property Features for 1612 N Willis Dr

General Information

Standard status Active
Size 13,068 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

laundry hookups

Building Details

Year Built 1964
Listing Agency: The Stewart Home Group
Listed By: Tony Reffeitt
Source: Realintegrity
Added: Sep 18 Changed: Nov 3 Last Checked: Nov 3 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Stewart Home Group

Rey
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Investment Insights

Based on property information with market context.

This duplex at 1612 N Willis Dr features two residential units, each with two bedrooms and one bathroom. Both units have separate entrances and laundry hookups, providing distinct access and in-unit laundry connections. The property is partially occupied, with a long-term tenant in place.

The roof is less than one year old. The property is located near the IU Bloomington campus in Bloomington, Indiana, offering convenient proximity to the university. Built in 1964, the duplex provides a straightforward residential income configuration with an existing tenant and a second unit available for occupancy.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom in each unit
  • Partially occupied with a long‑term tenant in place
  • Roof is less than one year old

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom, one-bath units include individual laundry hookups and separate entrances.
Where is this duplex located?
The property is located at 1612 N Willis Dr Bloomington, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom in each unit; Partially occupied with a long‑term tenant in place; Roof is less than one year old
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