331 S Grant ST, Bloomington, IN 47401
331 S Grant ST, Bloomington, IN 47401
331 S Grant ST, Bloomington, IN 47401
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941
Listed by RE/MAX Acclaimed Properties
$659,900
Est. payment /mo
4 Beds
6 Baths
3,326 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Sixplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,326 sqft

Subdivision Southeast Bloomington City

MLS Listing ID IRM202618079

Bedrooms 4

Full Baths 6

HOA Y/N No

Year Built 1920

Annual Tax Amount $13,843

Tax Year 2026

Lot Size 9,726 Sqft

Acres 0.2233

Lot Dimensions Irregular

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

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Inclusions Building, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 6

Building

Lot Description Irregular Lot

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Rogers/Binford

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-08-04-203-029.000-009

Acceptable Financing IRM202618079

Listing Terms IRM202618079

Special Listing Condition None

Pets Allowed Yes

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

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Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Mariah Cressy

Mariah Cressy

+1(574) 339-4941

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