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    Ellettsville, IN
    Residential Income

    Ellettsville, IN Residential Income Properties for Sale

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    Bloomington, IN Spencer, IN Gosport, IN
    Redevelopment Land with State Road Frontage
    Updated: Oct 15, 2025
    Redevelopment Land with State Road Frontage

    5665 W State Road 46, Ellettsville, IN 47404

    $1,495,000
    5.61 AC lot
    +/- 5.62 acres with redevelopment potential
    Current use: mobile home park
    Excellent frontage and visibility on State Road 46
    Convenient access to downtown Ellettsville and Bloomington
    Back of the property is in a flood zone
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Ellettsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    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.

    View details
    Mixed-Use Live/Work Property
    Mixed-Use Live/Work Property

    1235 W Gourley Pike, Bloomington, IN 47404

    $1,080,000
    1.34 AC lot

    New construction live/work opportunity with on-site solar power and an additional renovation-needed residence.

    View details
    Commercial Property with Pole Building
    Commercial Property with Pole Building

    4890 W State Road 46, Bloomington, IN 47404

    $449,999
    1.27 AC lot

    Commercial-zoned property on State Road 46 with a renovated limestone ranch and substantial pole building for storage or workspace.

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    Duplex Income Property with 5-Acre Lot
    Duplex Income Property with 5-Acre Lot

    3022 N Smith Pike Street, Bloomington, IN 47404

    $375,000
    2,310 sqft · 5.00 AC lot

    Residential income property on a 5-acre lot in Bloomington, Indiana.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with State Road Frontage
    Commercial Land with State Road Frontage

    4295 W State Road 46, Bloomington, IN 47404

    $799,900
    4.29 AC lot

    Zoned Commercial C-2 and offers substantial State Road 46 frontage for retail, restaurant, or multifamily development.

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    Residential Land Near Bloomington, IN
    Residential Land Near Bloomington, IN

    3530 W Maple Grove Road, Bloomington, IN 47404

    $220,000
    5.06 AC lot

    5-acre residential land parcel near Bloomington and Indiana University.

    View details
    Multi-Zoned Development Land
    Multi-Zoned Development Land

    N State Road 37, Bloomington, IN 47404

    $800,000
    40.41 AC lot

    Over 40 acres with multiple zoning classifications, including Residential, Agricultural Residential, and General Business.

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    Mixed-Use Downtown Development Land
    Mixed-Use Downtown Development Land

    542 S Walnut Street, Bloomington, IN 47401

    $1,200,000
    0.66 AC lot

    Downtown parcel with frontage on Walnut and College Avenue, zoned Mixed Use Downtown for multifamily and commercial uses.

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    Off-Market Properties in Ellettsville, IN

    Consider similar Off-Market properties in Ellettsville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5717 Delap Rd
    MOBILE HOME PARK, TRAILER PARK

    5717 Delap Rd, Ellettsville, IN 47429-9654

    Value Estimation by Request
    12.98 AC lot
    View details

    Ellettsville, IN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Ellettsville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,495,000.

    Sale prices for residential income properties in Ellettsville, IN start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — 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

    Mobile home & RV parks 1
    Multifamily properties 1

    Demographics Overview

    Population 7,402
    Population Growth (5Y) -16.1%
    Median Household Income $88,625
    College Educated 44.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $17.83 per SF
    Tax Rate vs County Average 0.01 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Residential Income

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