331 S Grant Street, Bloomington, IN 47401
331 S Grant Street, Bloomington, IN 47401
331 S Grant Street, Bloomington, IN 47401
331 S Grant Street, Bloomington, IN 47401
331 S Grant Street, Bloomington, IN 47401
331 S Grant Street, Bloomington, IN 47401
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The Bloom Team Indiana

The Bloom Team Indiana

+1(812) 272-3000
$ 659,900
Est. payment | /mo

4 Beds

6 Baths

3,326 SqFt

Save Virtual Tour
$ 659,900
Est. payment | /mo
Save Virtual Tour

4 Beds

6 Baths

3,326 SqFt

Key Details

Property Type Multi-Family

Sub Type Sixplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,326 sqft

Subdivision Southeast Bloomington City

MLS Listing ID 202618079

Style Two Story

Bedrooms 4

Full Baths 6

Abv Grd Liv Area 3,326

Total Fin. Sqft 3326

Year Built 1920

Tax Year 2026

Lot Size 9,726 Sqft

Property Sub-Type Sixplex

Property Description

Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington's thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you're looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington's most desirable locations. Property is being sold "AS IS".

Location

State IN

County Monroe County

Area Monroe County

Zoning RH - Residential High-Density Multifamily

Direction From East 3rd Street downtown, South on Grant, property is on the East side of Grant.

Rooms

Family Room 775 x 800

Dining Room 0 x 975

Kitchen , 725 x 725

Interior

Flooring Carpet, Laminate, Mixed

Appliance Building, Land, Lease

Laundry , 6

Exterior

Garage Spaces 1.0

Amenities Available Basement, Off Street Parking, Deck Covered, Porch Covered

Total Parking Spaces 6

Building

Lot Description Irregular

Story 2

Structure Type Aluminum,Vinyl

New Construction No

Schools

Elementary Schools Rogers/Binford

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202618079

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Andy Walker • RE/MAX Acclaimed Properties • Cell: 812-325-1290

Nearby Locations

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The Bloom Team Indiana
The Bloom Team Indiana

REALTOR®

+1(812) 272-3000

3695 S Sare Rd, Bloomington, IN, 47401

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331 S Grant Street