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    Monroe County, IN Multifamily Properties for Sale

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    Four-Unit Residential Income Property
    Updated: Apr 26
    Four-Unit Residential Income Property

    1024 N Country Club Drive, Bloomington, IN 47403

    $550,000
    4,750 sqft · 1.69 AC lot
    1.69‑acre property with 4 rental units and 4 separate deeds, including homes and two vacant R2‑zoned lots.
    Lease details: 1016 Country Club (1 bed/1 bath) rented for $895/mo until July 22, 2027.
    Lease details: 1022A Country Club (2 bed/1 bath) with carport rented for $950/mo until July 22, 2027.
    Upstairs apartment at 1022A Country Club (2 bed/1 bath) leased for $1,250/mo until July 24, 2027; recently remodeled with new paint and flooring and updated dishwasher.
    Vacant lots: .50 acre (R2) and .33 acre (R2) included under separate deed.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1024 N Country Club Drive, Bloomington, IN 47403

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Price @ 7% Cap

      $610K
      Above asking

    • Property Type

      Single Family Residence
      Built 1929
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    6-Unit Apartment Building with Garage
    Updated: May 13
    6-Unit Apartment Building with Garage

    331 S Grant Street, Bloomington, IN 47401

    $659,900
    3,326 sqft · 0.22 AC lot
    6‑unit apartment building with total monthly rents of $4,650
    Zoned High Density Multi‑Family
    Opportunity Zone designation
    2‑car garage for storage and added utility
    Cooling: central air; flooring includes laminate, carpet, and mixed materials
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    New Student Housing Duplex
    New Student Housing Duplex

    326-328 N Jefferson Street, Bloomington, IN 47408

    $1,485,000
    4,280 sqft · 0.18 AC lot

    Brand-new 10-bed duplex pre-leased for the upcoming school year with en-suite bedrooms and in-unit laundry.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    314 N Washington Street, Bloomington, IN 47404

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

    Six-unit building currently rented for the 26–27 school year, offering townhouse-style layouts in Bloomington.

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    Brand-New Duplex with Covered Porch
    Brand-New Duplex with Covered Porch

    717 S Henderson Street, Bloomington, IN 47401

    $779,000
    3,114 sqft · 0.32 AC lot

    Two fully equipped 3-bedroom units with private rear parking, leased through July 31, 2027.

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    Triplex with Separate Deeded Lot
    Triplex with Separate Deeded Lot

    1024 W Country Club Drive, Bloomington, IN 47403

    $340,000
    3,552 sqft · 0.77 AC lot

    Three fully rented units plus a separately deeded vacant lot on R2-zoned property with multiple garages.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    703 N Walnut Street, Bloomington, IN 47404

    $2,250,000
    10,344 sqft · 0.18 AC lot

    Well-kept 11-unit complex built in 2013 with in-unit appliances and shared back-of-building parking.

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    New Construction Duplex for Sale
    New Construction Duplex for Sale

    1118 & 1120 N Woodburn Avenue, Bloomington, IN 47404

    $679,000
    2,398 sqft · 0.11 AC lot

    Newly completed two-unit duplex built for student-year leasing with ample on-site parking.

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    Brand-New Duplex with Private Parking
    Brand-New Duplex with Private Parking

    302 N Jefferson Street, Bloomington, IN 47408

    $1,485,000
    4,358 sqft · 0.14 AC lot

    Newly built duplex in Bloomington with two 5-bedroom, 5-bath units and private rear parking for each unit.

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    Furnished Apartment Building
    Furnished Apartment Building

    604 N Smith Road, Bloomington, IN 47408

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

    Contemporary 21-unit building with furnished units and in-unit stackable washer/dryer for a straightforward resident setup.

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    Two-Unit Duplex with Attached Garages
    Two-Unit Duplex with Attached Garages

    3429 & 3431 S Kennedy Drive, Bloomington, IN 47401

    $415,000
    2,592 sqft · 0.22 AC lot

    Well-maintained two-unit duplex with attached one-car garages and separate decks, ideal for owner-occupants or rental operators.

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    Triplex with Washer/Dryer Hookups
    Triplex with Washer/Dryer Hookups

    315 W 17th Street, Bloomington, IN 47404

    $549,900
    3,229 sqft · 0.17 AC lot

    Three-unit triplex near IU athletics with in-unit washer/dryer hookups, dedicated parking, and tenant-paid electric and gas.

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    Three-Home Multifamily Lot
    Three-Home Multifamily Lot

    311-321 S Muller Parkway, Bloomington, IN 47403

    $395,000
    2,664 sqft · 0.26 AC lot

    Three single-family homes on one lot with updated interiors in two units, supporting straightforward residential income use.

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    Duplex With Two Permitted Units
    Duplex With Two Permitted Units

    526 S Woodlawn Avenue, Bloomington, IN 47401

    $595,000
    2,384 sqft · 0.14 AC lot

    Craftsman duplex features a 3-bedroom unit and a studio unit under separate occupancy permits.

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    Three-Duplex Multifamily with Carports
    Three-Duplex Multifamily with Carports

    100-106 S Yancy Lane, Bloomington, IN 47404

    $899,000
    1.07 AC lot

    Six-unit multifamily with four vacant 3-bedroom units and one-car carports, plus potential for an additional lot.

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    Duplex Investment Property with Permit
    Duplex Investment Property with Permit

    4501 + 4503 E Stephens Drive, Bloomington, IN 47408

    $239,000
    1,352 sqft · 0.29 AC lot

    Duplex with two one-bedroom units and a rental occupancy permit for six occupants through 2029.

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    All-Brick Fourplex with Updated Systems
    All-Brick Fourplex with Updated Systems

    775 - 777 N Smith Road, Bloomington, IN 47408

    $499,900
    3,430 sqft · 0.40 AC lot

    All-brick fourplex with multiple 2020–2025 upgrades and units leased through 2026 and 2027.

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    Duplex with Fenced Yard and Parking
    Duplex with Fenced Yard and Parking

    1413 S Rogers Street, Bloomington, IN 47403

    $280,000
    1,498 sqft · 0.16 AC lot

    Well-maintained duplex with two 2BR/1BA units, zoned RM for residential multifamily, with off-street parking.

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    Six-Unit Student Apartment Building
    Six-Unit Student Apartment Building

    314 N Washington Street, Bloomington, IN 47408

    $4,000,000
    0.20 AC lot

    Two-story townhouse-style units with dedicated baths and garage parking, currently leased through the 26–27 school year.

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    Entertainment Restaurant and Mini Golf
    Entertainment Restaurant and Mini Golf

    4747 W State Road 46, Bloomington, IN 47404

    $1,500,000
    2.81 AC lot

    Fully renovated entertainment property with mini golf, bar/restaurant operations, an outdoor live stage, and a short-term rental apartment.

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    Duplex-Style Income Property with ADU
    Duplex-Style Income Property with ADU

    1416 S Madison Street, Bloomington, IN 47403

    $275,000
    1,460 sqft · 0.20 AC lot

    Ranch home plus grandfathered 2-bed cottage approved for 3 unrelated adults, with parking and central air.

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    Townhome-Style Duplex For Sale
    Townhome-Style Duplex For Sale

    1231-1233 E Tylers Turn, Bloomington, IN 47401

    $399,900
    2,440 sqft · 0.27 AC lot

    Arts & Crafts duplex with townhome-style 3-bedroom, 2-bath units, suited for rental income or owner-occupant setups.

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    Mobile Home Park Investment Opportunity
    Mobile Home Park Investment Opportunity

    6000 W State Rd 45, Bloomington, IN 47403

    $897,000
    6.32 AC lot

    State-approved mobile home park with 10 mobile homes, efficiency apartments, and storage units, plus recent roof replacements.

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    Townhome-Style Duplex Investment
    Townhome-Style Duplex Investment

    1230-1232 E Tylers Turn, Bloomington, IN 47401

    $399,900
    2,440 sqft · 0.27 AC lot

    Arts & Crafts duplex with townhome-style 3-bedroom, 2-bath units, suited for rental income or owner-occupancy.

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    Monroe County, IN Multifamily Properties Market Trends and Statistics

    Explore 67 multifamily properties for sale in Monroe County, IN, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 140,551 square feet of properties for sale, with an estimated market value of $29,335,500.

    Sale prices for multifamily properties in Monroe County, IN start at $239,000, averaging $1,128,288, 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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