Search
71-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

599 E Temperance St, Ellettsville, IN 47429

Renovations have been completed across most units in a three-property Monroe County offering near Bloomington and Ellettsville.

Property SizeContact for details
Days on Market143

Property Features for 599 E Temperance St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 28 x 1BR/1BA, 4 x 2BR/1BA, 4 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/2BA, 1 x 1BR house, 32 x 2BR/1BA
Multifamily Units 71

Building Details

Buildings 10
Listing Agency: PARR REAL ESTATE
Listed By: Chris Parr · License #RB17001989
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:26PM

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 PARR REAL ESTATE

Investment Insights

Based on property information with market context.

This apartment portfolio comprises 71 units distributed among 10 buildings at three nearby properties in Ellettsville and Bloomington. The 599 E Temperance St. site includes 28 one-bedroom, one-bath apartments and four two-bedroom, one-bath apartments. The West Oak Street property adds four one-bedroom, one-bath units, one two-bedroom, one-bath unit, one three-bedroom, two-bath unit, and a one-bedroom house. At 345 South Curry Pike, the offering includes 32 two-bedroom, one-bath apartments.

Renovation work has been underway for the past couple of years, with most units completed. The properties are approximately 10–15 minutes from Indiana University and downtown Bloomington. Monroe County employers identified in the offering include Baxter International, Cook Group, Indiana University Health, Boston Scientific, KeHE, and Monroe Health.

Key Highlights

  • 71 units across 10 buildings and three properties
  • Unit mix includes one-, two-, and three‑bedroom residences plus a one‑bedroom house
  • Most units have completed renovations following work conducted over the past couple of years

Property Analytics

Current Use

Monroe Square Apartments Apartment Building

Suggested Use

Top Pick Restaurant Law Firm Building Supply Big Box & Wholesale Store Hair Salon Nail Salon

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

71
Residential units

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 47429, IN

7,485
Population
3,082
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
312
Density / Sq Mi
$88,625
Median Household Income
$49,396
Median Earnings
$753
Median Rent
$226,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Renovations have been completed across most units in a three-property Monroe County offering near Bloomington and Ellettsville.
Where is this apartment building located?
The property is located at 599 E Temperance St Ellettsville, IN.
What are key features of this property?
This property features: 71 units across 10 buildings and three properties; Unit mix includes one-, two-, and three‑bedroom residences plus a one‑bedroom house; Most units have completed renovations following work conducted over the past couple of years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message