12-Unit Multifamily Apartment Building

326 W Kenwood Drive, Bloomington, IN 47404

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For Sale

$1,400,000

MULTI_FAMILY - Bloomington, IN

Type:Apartment

Property size:

7,511 SF

Lot size:

0.21 Acres

Price / SF:

$186/SF

HighLights

12‑unit multifamily property built in 1971 in Bloomington
Market rent listed at $11,565 per month
Central air cooling
Laminate flooring
On‑site laundry and off‑street parking
Basement included; located near downtown, Indiana University, and the B‑Line Trail

We can help!

Contact an agent

Jeff Brawley

For Sale

$1,400,000

MULTI_FAMILY - Bloomington, IN

Type:Apartment

Property size:

7,511 SF

Lot size:

0.21 Acres

Price / SF:

$186/SF

Added:: Oct 24, 2024
Days on Market:: 620
Last Refresh:: Jul 5 at 2:06 am

Property Features for 326 W Kenwood Drive

General Information

Property type: Residential Multi Family
Property subtype: Apartment
Bedrooms: 12
Bathrooms: 12
Rooms: Bathroom 4, Bathroom 11, Bedroom 8, Bedroom 5, Bedroom 2, Bedroom 12, Bedroom 11, Bedroom 1, Bedroom 10, Bathroom 8, Bathroom 7, Bathroom 12, Bathroom 2, Bathroom 1, Bedroom 9, Bedroom 3, Bathroom 9, Basement, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 6, Bathroom 10, Bathroom 6, Bathroom 5
Parking: 16
Basement: Block
Standard status: Active
APN: 53-05-33-204-142.000-005
Size: 7,511 SF
Lot size: 0.21 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: KENWOOD PK L-5 & PT L-6 KENWOOD TERRACE
Tax Annual Amount: 10646

Utilities

Cooling system: Central Air

Building Details

Year built: 1971
Floors in Building: 2
Number of units: 12
Flooring type: Laminate
Architectural style: Other

We can help!

Contact an agent

Jeff Brawley

Listing agent Jeff Brawley License #RB14041028

Listing office Brawley Real Estate 3802 E Third Street, Bloomington, IN

Listing date Oct 24, 2024

MLS# 202441218

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.

HighLights

12‑unit multifamily property built in 1971 in Bloomington
Market rent listed at $11,565 per month
Central air cooling
Laminate flooring
On‑site laundry and off‑street parking
Basement included; located near downtown, Indiana University, and the B‑Line Trail

Overview

This offering is a 12-unit multifamily apartment property in Bloomington. The building includes on-site laundry and off-street parking, supporting day-to-day resident convenience and streamlined operations. The current rent roll is presented as a combined market rent of $11,565 per month.

The property’s setting provides easy access to downtown Bloomington, Indiana University, and the B-Line Trail. That mix of nearby employment, campus activity, and recreation can be important for tenants who value walkable or short-ride commuting options.

For investors or operators seeking a small multifamily building, this configuration offers multiple rental units within one property, along with practical on-site amenities. The presence of on-site laundry and dedicated off-street parking can help reduce resident friction and support a functional, self-contained living experience. Prospective buyers and brokers can review the unit mix, rent roll assumptions, and lease terms to confirm underwriting and plan next steps for ownership.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Bloomington
County: Monroe
State: Indiana
Longitude: -86.537427
Latitude: 39.178498

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For sale
Apartment buildings
IN
Bloomington
47404
326 W Kenwood Drive

What type of property is this?

Apartment building - Twelve-unit multifamily asset with on-site laundry and off-street parking, positioned for convenient access to Bloomington destinations.

Where is this apartment building located?

The property is located at 326 W Kenwood Drive Bloomington, IN.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: 12‑unit multifamily property built in 1971 in Bloomington; Market rent listed at $11,565 per month; Central air cooling

326 W Kenwood Drive, Bloomington, IN 47404

MULTI_FAMILY - Bloomington, IN

Property Features for 326 W Kenwood Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Split-Level Office Schoolhouse

Four-Unit Residential Income Property

Three-Building Flex and Warehouse

Corner Reception Office Building

Office-Warehouse Flex Facility

Office and Retail Buildings with Parking

6-Unit Apartment Building with Garage

New Student Housing Duplex

Six-Unit Multifamily Building

Brand-New Duplex with Covered Porch

Multifamily Apartment Building

Flexible Mixed-Use Building

FAQs