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    Bloomington, IN Multifamily Properties for Sale

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    Ellettsville, IN Unionville, IN Nashville, IN
    33 results
    New Duplex Investment Opportunity
    $779,000
    3,114 SF

    New Duplex Investment Opportunity

    717 S Henderson Street, Bloomington, IN 47401

    New duplex near Bryan Park and IU campus, leased through 2027.

    • Fully leased through July 31, 2027, providing immediate and stable rental income.
    • Brand new duplex investment property in a desirable location between Bryan Park and IU campus.
    • Each unit features 3 bedrooms and 3 full bathrooms with 1,557 square feet of living space.
    • High‑quality finishes including luxury vinyl plank flooring, custom shaker‑style cabinetry, and quartz countertops.
    • Includes a full stainless steel appliance package and stackable washer and dryer in each unit.
    Updated: May 28
    View details
    Bloomington Fourplex with Development Potential
    $550,000
    4,750 SF

    Bloomington Fourplex with Development Potential

    1024 N Country Club Drive, Bloomington, IN 47403

    Four rental units and vacant lots on 1.69 acres.

    • 1.69 acres with 4 rental units and 4 separate deeds, offering diverse investment opportunities
    • Includes two vacant lots zoned R2 for potential development
    • Existing rental income from multiple units, some with long‑term leases extending to July 2027
    • Recently remodeled 2‑bedroom apartment with new paint, flooring, and updated dishwasher
    • Multiple garages and storage sheds, including a 4‑car garage shared by tenants
    Updated: Apr 26
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    Bloomington Sixplex in Opportunity Zone
    $659,900
    3,326 SF

    Bloomington Sixplex in Opportunity Zone

    Six-unit apartment building in prime location near downtown and IU.

    331 S Grant Street, Bloomington, IN 47401
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    Bloomington Apartment Building Near IU
    $2,790,000
    18,863 SF

    Bloomington Apartment Building Near IU

    Modern, fully leased apartment building near Indiana University.

    604 N Smith Road, Bloomington, IN 47408
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    Bloomington Apartment Complex Near IU
    $2,250,000
    10,344 SF

    Bloomington Apartment Complex Near IU

    Eleven-unit apartment complex near Indiana University in Bloomington.

    703 N Walnut Street, Bloomington, IN 47404
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    Bloomington Duplex: Investment Opportunity
    $424,900
    2,592 SF

    Bloomington Duplex: Investment Opportunity

    Well-maintained duplex with strong rental history near shopping and downtown.

    3429 & 3431 S Kennedy Drive, Bloomington, IN 47401
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    Bloomington Triplex Near Indiana University
    $549,900
    3,229 SF

    Bloomington Triplex Near Indiana University

    Triplex near Indiana University with strong rental and game-day appeal.

    315 W 17th Street, Bloomington, IN 47404
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    Eastside Bloomington Duplex Opportunity
    $259,000
    1,352 SF

    Eastside Bloomington Duplex Opportunity

    Duplex near IU Health, Indiana University, shopping, and restaurants.

    4501 + 4503 E Stephens Drive, Bloomington, IN 47408
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    Bloomington Fourplex with Rental History
    $499,900
    3,430 SF

    Bloomington Fourplex with Rental History

    Well-maintained fourplex near IU with strong rental history.

    775 - 777 N Smith Road, Bloomington, IN 47408
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    Retail Space with Apartments
    $569,000
    660 SF

    Retail Space with Apartments

    Retail space with two apartments in Bloomington, Indiana.

    2312 S Rogers Street, Bloomington, IN 47403
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    Triplex with Renovated Units
    $395,000
    2,664 SF

    Triplex with Renovated Units

    Three single-family homes on one lot in Bloomington, Indiana.

    311-321 S Muller Parkway, Bloomington, IN 47403
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    Bloomington Duplex Near Campus
    $595,000
    2,384 SF

    Bloomington Duplex Near Campus

    Duplex near campus with a strong rental history.

    526 S Woodlawn Avenue, Bloomington, IN 47401
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    Bloomington Craftsman Investment Property
    $689,900
    2,455 SF

    Bloomington Craftsman Investment Property

    1920s craftsman near campus with HAND permit.

    402 E 1st Street, Bloomington, IN 47401
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    Bloomington Duplex Investment Opportunity
    $425,000
    2,440 SF

    Bloomington Duplex Investment Opportunity

    Duplex near Indiana University, ideal for investors or owner-occupants.

    1231-1233 E Tylers Turn, Bloomington, IN 47401
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    Multi-Level Building Near Downtown
    $350,000
    3,276 SF

    Multi-Level Building Near Downtown

    Multi-level building near downtown Bloomington with redevelopment potential.

    823 N Maple Street, Bloomington, IN 47404
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    Bloomington Duplex Investment Opportunity
    $425,000
    2,440 SF

    Bloomington Duplex Investment Opportunity

    Duplex near Indiana University, ideal for investors or owner-occupants.

    1230-1232 E Tylers Turn, Bloomington, IN 47401
    View details
    Turnkey Mobile Home Park Investment
    $897,000
    6.32 Acres

    Turnkey Mobile Home Park Investment

    Profitable mobile home park with expansion potential near Highway 37.

    6000 W State Rd 45 Road, Bloomington, IN 47403
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    Investment Property Near IU Campus
    $795,000
    1,992 SF

    Investment Property Near IU Campus

    Spacious five-bedroom home near IU, leased through July 2026.

    424 N Lincoln Street, Bloomington, IN 47408
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    Bloomington Duplex Near Downtown
    $499,000
    2,351 SF

    Bloomington Duplex Near Downtown

    Duplex in downtown Bloomington with easy access to amenities.

    308 S Madison Street, Bloomington, IN 47403
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    Bloomington Mixed-Use Building Near Campus
    $4,250,000
    16,619 SF

    Bloomington Mixed-Use Building Near Campus

    High-performing mixed-use building in downtown Bloomington near IU campus.

    126 E 6Th Street, Bloomington, IN 47408
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    Student Housing Investment Near IU
    $2,925,000
    0.11 Acres

    Student Housing Investment Near IU

    Four units, 18 bedrooms, near IU Campus. Great investment!

    314,316,318,320 E 10Th Street, Bloomington, IN 47408
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    Unique Home with Rental Potential
    $355,000
    2,600 SF

    Unique Home with Rental Potential

    Four-bedroom home with in-law suite, ideal for owner-occupancy.

    2708 S Rogers Street, Bloomington, IN 47403
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    Bloomington Multifamily Investment Opportunity
    $1,400,000
    7,511 SF

    Bloomington Multifamily Investment Opportunity

    12-unit apartment building near downtown and Indiana University.

    326 W Kenwood Drive, Bloomington, IN 47404
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    Mixed-Use Investment Near IU Campus
    $2,975,000
    0.20 Acres

    Mixed-Use Investment Near IU Campus

    Fully leased mixed-use property near IU Campus and Kirkwood Avenue.

    217 Lincoln Street, Bloomington, IN 47408
    View details

    Bloomington, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 60 multifamily properties for sale in Bloomington, IN, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 101,286 square feet of properties for sale, with an estimated market value of $19,901,400.

    Sale prices for multifamily properties in Bloomington, IN start at $259,000, averaging $904,609, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 11
    Duplexes 11
    Quadplexes 3
    Short term rental properties 2
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Bloomington fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 129K
    Population Growth (5Y) +5.6%
    Median Household Income $60,732
    College Educated 52.2%

    High-Yield Neighborhoods for Investment

    Identify Bloomington submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47403 $695K
    47401 $824.8K
    47404 $1.8M
    47408 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $17.52 per sq ft
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

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