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17-Unit Multifamily Property
For Sale
Contact for pricing
Pending

4179 N Thomas Rd, Bloomington, IN 47404

Multifamily asset combining duplex and single-family housing with rural surroundings near schools and local services.

Property SizeContact for details
Days on Market143

Property Features for 4179 N Thomas Rd

General Information

Standard status Pending
Property subtype Multifamily, Land

Additional Details

Highway Access Yes
Multifamily Units 17

Building Details

Buildings 10
Listing Agency: Berkshire Hathaway Home Services Indiana Realty
Listed By: Tod Wesemann · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 4:54PM

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 Berkshire Hathaway Home Services Indiana Realty

Investment Insights

Based on property information with market context.

The property at 4179 N Thomas Rd in Bloomington includes 17 residential units across seven two-bedroom, one-bath duplexes and three four-bedroom, two-bath houses. The improvements occupy almost 9 acres and offer a mix of attached and detached housing within a rural setting.

Two units are vacant and awaiting remodeling. The property is near schools and provides access to Hwy 46, with the town of Ellettsville nearby. This configuration presents a substantial residential income property with multiple unit types across one acreage-based holding.

Key Highlights

  • 17 total units: seven 2‑bedroom, 1‑bath duplexes and three 4‑bedroom, 2‑bath houses
  • Almost 9 acres with a rural setting
  • Two vacant units awaiting remodels

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Daycare Center Travel Agency

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

17
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

24
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

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?
Multifamily property - Multifamily asset combining duplex and single-family housing with rural surroundings near schools and local services.
Where is this multifamily property located?
The property is located at 4179 N Thomas Rd Bloomington, IN.
What are key features of this property?
This property features: 17 total units: seven 2‑bedroom, 1‑bath duplexes and three 4‑bedroom, 2‑bath houses; Almost 9 acres with a rural setting; Two vacant units awaiting remodels
More about this property
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