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Partially Occupied Duplex
New
For Sale
$215,000

1612 N Willis Drive, Bloomington, IN 47404

Residential Income, Bloomington, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market4

Property Features for 1612 N Willis Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Exterior features Barn Mini
Subdivision Arlington Place
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 530529400035000005
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Nw Se 29-9-1W .30A Plat 350 Annexed 3-1-02 From 012-17235-00
Tax Annual Amount 2964
Legal Description Pt Nw Se 29-9-1W .30A Plat 350 Annexed 3-1-02 From 012-17235-00

Utilities

Heating system Baseboard
Cooling system Window Unit(s)

Amenities

laundry hookups

Building Details

Year built 1964
Number of units 2
Building materials Brick, Vinyl With Brick
Roof type Asphalt
Architectural style Ranch
Listing Agency: Real Broker, LLC
Listed By: Lawton Link · License #RB17000627
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 19 at 7:06PM
MLS# 22126463

Copyright © 2026 Broker Listing Cooperative®. 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.

Located at 1612 N Willis Drive in Bloomington, this ranch-style duplex includes two units, each with 2 bedrooms and 1 bathroom. The property is partially occupied and includes separate entrances for the units, along with laundry hookups serving each residence. Brick and vinyl-with-brick exterior materials, baseboard heating, window unit cooling, and an asphalt roof are among the existing features.

The 0.3-acre property was built in 1964 and is situated close to the IU Bloomington campus. Its layout, individual entrances, and unit-level laundry hookups provide a practical configuration for residential occupancy.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • Partially occupied property near the IU Bloomington campus
  • Separate entrances provide access to both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Furniture & Home Goods HVAC Service Pharmacy Bakery

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
Single-tenant
Tenancy

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Ranch-style duplex with separate entrances and laundry hookups serving both units.
Where is this duplex located?
The property is located at 1612 N Willis Drive 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 2 bedrooms and 1 bathroom in each unit; Partially occupied property near the IU Bloomington campus; Separate entrances provide access to both units
More about this property
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