Multifamily

Bloomington, IN Multifamily Properties for Sale

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Four-Unit Townhome-Style Property
Updated: Oct 13
Four-Unit Townhome-Style Property

1230-1233 E Tylers Turn, Bloomington, IN 47401

$725,000
4,880 sqft 0.27 AC lot
Four townhome‑style units
4,880 square feet on a 0.269‑acre parcel
Built in 1992
Central air conditioning, off‑street parking and a fireplace
Located on E Tylers Turn, a cul‑de‑sac in Bloomington
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Quadplex With Separate Deeds
Updated: Apr 26
Quadplex With Separate Deeds

1024 N Country Club Drive, Bloomington, IN 47403

$550,000
4,750 sqft 1.69 AC lot
1.69 acres containing 4 rental units conveyed through 4 separate deeds
4,750 square feet across four residential rental units
Two vacant parcels measuring 1/2 acre and .33 acre, both zoned R2
Large shared 4 car garage plus carport, one‑car garage or shed, and storage shed
Upstairs apartment recently updated with new paint, flooring, and dishwasher
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Two-Unit Duplex with Wood Floors
Two-Unit Duplex with Wood Floors

501 S Highland Avenue, Bloomington, IN 47401

$725,000
2,321 sqft 0.01 AC lot

Corner-lot duplex near Indiana University with central air, wood flooring, and separate upper- and lower-level apartments.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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10-Bed New Construction Duplex
10-Bed New Construction Duplex

326-328 N Jefferson St, Bloomington, IN 47408

$1,485,000
4,280 sqft

Purpose-built student housing offers private bathrooms, open living areas, and in-unit laundry.

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Two-Story Duplex
Two-Story Duplex

1114 & 1116 N Woodburn Avenue, Bloomington, IN 47404

$689,000
2,398 sqft 0.11 AC lot

Fully leased residential income property near Indiana University Bloomington and IU Memorial Stadium.

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6-Unit Townhouse Apartment Building
6-Unit Townhouse Apartment Building

314 N Washington Street, Bloomington, IN 47404

$4,000,000
10,560 sqft 0.20 AC lot

Townhouse-style layouts provide private bedroom baths, guest half baths, and substantial storage.

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Mixed-Use Property With Salon
Mixed-Use Property With Salon

2312 S Rogers Street, Bloomington, IN 47403

$549,900
2,790 sqft 0.18 AC lot

Two upper-level apartments complement an operating salon, with off-street parking and central air serving the property.

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Six-Unit Apartment Property
Six-Unit Apartment Property

100-106 S Yancy Ln, Bloomington, IN 47404

$799,000
6,624 sqft 1.07 AC lot

Three duplex buildings provide six three-bedroom units with individual carports on Bloomington’s west side.

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Updated-Kitchen Duplex
Updated-Kitchen Duplex

4251 N Melvin Lane, Bloomington, IN 47404

$325,000
2,352 sqft 0.33 AC lot

Two residences offer garage parking, central air, and outdoor space in Bloomington.

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21-Unit Furnished Apartment Building
21-Unit Furnished Apartment Building

604 N Smith Road, Bloomington, IN 47408

$2,790,000
18,863 sqft 0.75 AC lot

Contemporary furnished apartments with private laundry, resident parking, and access to nearby university, dining, shopping, and nightlife amenities.

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Multifamily Property with Duplex Use
Multifamily Property with Duplex Use

317 W 14th St, Bloomington, IN 47404

$500,000
2,760 sqft 0.33 AC lot

Double-lot property with existing residential structures, onsite parking, and a storage shed.

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Two-Unit Townhome-Style Duplex
Two-Unit Townhome-Style Duplex

1231 & 1233 E Tylers Turn, Bloomington, IN 47401

$375,000
2,440 sqft 0.27 AC lot

Each residence has three bedrooms, two bathrooms, central air, and off-street parking.

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One-Story Duplex with New Roof
One-Story Duplex with New Roof

1612 N Willis Drive, Bloomington, IN 47404

$215,000
1,674 sqft 0.30 AC lot

Partially occupied Bloomington duplex near the IU Bloomington campus with separate entrances and laundry hookups for both units.

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Mixed-Use Property with Salon
Mixed-Use Property with Salon

2312 S Rogers St, Bloomington, IN 47403

$549,900
2,790 sqft

Operational salon with upper-level apartments and on-site parking supports multiple income sources.

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Duplex with Fenced Yard
Duplex with Fenced Yard

1413 S Rogers Street, Bloomington, IN 47403

$255,000
1,498 sqft 0.16 AC lot

Both residences have two bedrooms, an eat-in kitchen, and laundry equipment located in a bedroom.

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Triplex with Multiple Garages and Vacant Lot
Triplex with Multiple Garages and Vacant Lot

1024 W Country Club Drive, Bloomington, IN 47403

$340,000
3,552 sqft 0.77 AC lot

Triplex with three fully rented units, central air, fireplace, and multiple garages plus a separately deeded vacant lot.

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Townhome-Style Duplex
Townhome-Style Duplex

1230 E Tylers Turn, Bloomington, IN 47401

$725,000
4,880 sqft

Separate residences allow an owner to live in one unit while receiving rental income from the other.

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Two-Story Duplex
Two-Story Duplex

1230 & 1232 E Tylers Turn, Bloomington, IN 47401

$375,000
2,440 sqft 0.27 AC lot

Both townhome-style residences have three bedrooms and two bathrooms, with separate entrances and off-street parking.

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Limestone Multifamily Property
Limestone Multifamily Property

516 S Mitchell St, Bloomington, IN 47401

$579,000
2,704 sqft

Limestone residence with flexible bedroom capacity, a large backyard, and a side-entry garage near Indiana University.

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Two-Unit Bungalow Duplex
Two-Unit Bungalow Duplex

1106 S Madison Street, Bloomington, IN 47403

$190,000
1,408 sqft 0.20 AC lot

One residence is occupied month-to-month, while the second is vacant for a new owner to address or occupy.

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Furnished Apartment Building
Furnished Apartment Building

604 N Smith Rd, Bloomington, IN 47408

$2,790,000
18,863 sqft

Fully leased property with resident parking, in-unit laundry, and included water, sewer, trash, and internet.

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Mobile Home Park with Apartments
Mobile Home Park with Apartments

6000 W State Rd 45, Bloomington, IN 47403

$797,700
10,400 sqft 6.32 AC lot

The property combines mobile homes, efficiency apartments, and storage with existing sewer connections.

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16-Unit Apartment Building
16-Unit Apartment Building

418 E 17th Street, Bloomington, IN 47408

$1,890,000
7,680 sqft

Fully leased for the 2026–2027 academic year with on-site parking.

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Duplex with Separate Cottage
Duplex with Separate Cottage

1416 S Madison Street, Bloomington, IN 47403

$275,000
1,460 sqft 0.20 AC lot

Two approved dwellings provide a three-bedroom main home and a separate cottage with off-street parking.

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Bloomington, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Bloomington, IN, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 267,974 square feet of properties for sale, with an estimated market value of $46,493,600.

Sale prices for multifamily properties in Bloomington, IN start at $190,000, averaging $737,993, and reaching up to $4,000,000 — 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

Commercial property segments ranked by active listings on the market

Duplexes 38
Apartment buildings 14
Triplexes 4
Quadplexes 3
Mobile home & RV parks 1

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 average listing prices of real estate assets

Neighborhood Average Price
47403 $502.6K
47401 $544.1K
47404 $814.8K
47408 $1.3M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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