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    Monroe County, IN Residential Income Properties for Sale

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    Triplex with Separate Deeded Lot
    Updated: Jun 22
    Triplex with Separate Deeded Lot

    1024 W Country Club Drive, Bloomington, IN 47403

    $340,000
    3,552 sqft 0.77 AC lot
    3 fully rented units plus a separately deeded vacant lot
    Leases in place: 1022A Country Club 2BR/1BA leased for $950/mo until July 22, 2027; upstairs 2BR/1BA leased for $1,250/mo until July 24, 2027
    4BR/2BA home with a 20+ year tenant on a month‑to‑month lease currently rented at $1,050/mo
    Potential to reconfigure the 4BR/2BA unit into a duplex by adding a second kitchen, based on the current layout
    Multiple garages including a large 4‑car garage, plus an additional 1‑car garage/shed with loft area and a small storage shed
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    This listing looks promising.

    Here's a quick look at some key insights for

    1024 W Country Club Drive, Bloomington, IN 47403

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $414K
      Above asking

    • Property Type

      Single Family Residence
      Built 1930
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    New Student Housing Duplex
    Updated: Jun 24
    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 (Year Built: 2026) on North Jefferson Street, steps from Indiana University
    Pre‑leased for the upcoming school year for immediate rental income
    Each bedroom includes a private en‑suite bathroom
    Open‑concept living areas with modern kitchens and luxury vinyl plank (vinyl) flooring
    In‑unit laundry plus central air cooling
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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1024 N Country Club Drive, Bloomington, IN 47403

    $550,000
    4,750 sqft 1.69 AC lot

    Four rental units across separate deeds, including remodeled interior, plus included garage and storage improvements.

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    Duplex Investment Property with 3-Acre Lot
    Duplex Investment Property with 3-Acre Lot

    920 N Madison Street, Bloomington, IN 47404

    $500,000
    2,145 sqft 0.20 AC lot

    Duplex with on-site parking and storage shed on a double lot, offered as part of a two-property sale near downtown Bloomington.

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    Zoned R4 Duplex Investment
    Zoned R4 Duplex Investment

    920 North Madison Street, Bloomington, IN 47404

    $500,000
    2,145 sqft 0.33 AC lot

    Two income properties on a combined double lot with onsite parking and a storage shed, both currently unrented.

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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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    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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    6-Unit Apartment Building with Garage
    6-Unit Apartment Building with Garage

    331 S Grant Street, Bloomington, IN 47401

    $659,900
    3,326 sqft 0.22 AC lot

    Six-unit multifamily property in an Opportunity Zone with high-density zoning and a 2-car garage, sold as-is.

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    Bloomington Investment Property For Sale
    Bloomington Investment Property For Sale

    3230 John Hinkle Place, Bloomington, IN 47408

    $205,000
    1,075 sqft

    Well-maintained investment property near Indiana University and College Mall.

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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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    Residential Income Duplex with Loft
    Residential Income Duplex with Loft

    317 W 14th Street, Bloomington, IN 47404

    $500,000
    2,760 sqft 0.12 AC lot

    Zoned R4 duplex with on-site parking and storage, sold together with a second Madison-area property.

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    3-Bed Duplex with Attached Garages
    3-Bed Duplex with Attached Garages

    163-165 Willow Court, Bloomington, IN 47401

    $369,900
    3,216 sqft

    Duplex offers 3-bed, 2.5-bath units on each side with attached garages, updated finishes, and leased income.

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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 Income Home
    Two-Unit Income Home

    2708 South Rogers Street, Bloomington, IN 47403

    $375,000
    2,600 sqft

    Four-bedroom home offers a separate upstairs in-law suite with its own entrance and full kitchen area.

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    Craftsman Residential Income Home
    Craftsman Residential Income Home

    402 E 1st Street, Bloomington, IN 47401

    $689,900
    2,455 sqft 0.20 AC lot

    1920s craftsman residence with five bedrooms, three baths, off-street parking, and a back yard for tenants.

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    Renovated Townhome Community Near IU
    Renovated Townhome Community Near IU

    1136 W 17th St, Bloomington, IN 47404

    $4,250,000

    20-unit townhome community near Indiana University with significant capital improvements.

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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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    Bloomington Multifamily Investment Opportunity
    Bloomington Multifamily Investment Opportunity

    326 W Kenwood Dr, Bloomington, IN 47404

    $1,400,000

    12-unit property with prime location and strong rental income.

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    Duplex with Separate Driveways
    Duplex with Separate Driveways

    851 S Park Square Drive, Bloomington, IN 47403

    $279,900
    2,600 sqft 0.20 AC lot

    Duplex with two private-entry units, one currently rented and one vacant, each laid out with three bedrooms and 1.5 baths.

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    Mixed-Use Development Site with Dual Frontage
    Mixed-Use Development Site with Dual Frontage

    319 South Madison Street, Bloomington, IN 47403

    $3,250,000
    36,155 sqft

    For-sale mixed-use development site with street frontage on both W 3rd Street and S Madison Street.

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    Bungalow with Included Vacant Lot
    Bungalow with Included Vacant Lot

    1016 W Country Club Drive, Bloomington, IN 47403

    $210,000
    696 sqft 0.92 AC lot

    Bungalow with hardwood floors and an eat-in kitchen, plus a separately deeded vacant lot behind the home.

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    Craftsman Duplex with Studio Unit
    Craftsman Duplex with Studio Unit

    526 S Woodlawn Avenue, Bloomington, IN 47401

    $575,000
    2,384 sqft 0.14 AC lot

    Craftsman duplex with permitted three-bedroom and studio units, totaling four bedrooms and recently replaced roof and HVAC.

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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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    Monroe County, IN Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Monroe County, IN, showcased through 58 active listings on our real estate platform. These investment opportunities span a total of 190,518 square feet of properties for sale, with an estimated market value of $38,729,900.

    Sale prices for residential income properties in Monroe County, IN start at $179,900, averaging $860,664, 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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