402 E 1st Street Bloomington, IN $ 768,000
402 E 1st Street
$ 768,000
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402 E 1st Street

Bloomington, IN, 47401
$ 768,000
Bedrooms5 Baths3.0 Sq 2,455

Monthly Estimate*

$ 4,791

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Multi-Family Home for sale in Bloomington, IN

for $768,000 with 5 bedrooms and 3 full baths. This 2,455 square foot home was built in 1920.

Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors. Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $4750/month for 25-26 school year and $5,000/month for 26-27. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.

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Multi-Family Active

Price

$ 768,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,659

Style

Craftsman

Year Built

1920

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202547902

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1920
Parking Off Street
New Construction No
Tenant Pays Cable Cooling Electric Fuel Heating Sewer Trash Collection Water
Subdivision Bryan Park
Style One and Half Story
Stories Count 2
Township Perry
Class INVESTMENT
Type Other
Age 105
Net Income 46374.34
Rent Income 57000
Features Basement Ceiling Fan Off Street Parking
REO No
Status Detail 0
Area Monroe County
High School Bloomington South
City Bloomington
School District Monroe County Community School C
Architctural Style Craftsman
Total Sq Ft 3631
Elementary School Rogers/Binford
Middle School Jackson Creek
Legal Description 015-57020-00 Allendale 2nd Lot 112
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547902
Agent First Name Tim
Agent Last Name Ballard
DOM 5
Tax Year 24PAY25
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Interior
Basement Full Basement Unfinished
Flooring Wood
Beds 5
Total Number of Units 1
Microwaves 1
Refrigerators 1
Washers 1
Dryer(s) 1
Dishwasher(s) 1
Disposal(s) 1
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 1
W/D Hookups 1
Basement Material Stone
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Exterior
Exterior Wood
Pool No
Number of Parking Spaces 5
Lot Size Area 8712
Lot Dimensions 55X150
Lot Description Level
Water Meters 1
Electric Meters 1
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Tim Ballard

Listing Agent

Aligned Property Group

Broker

alignedpg@gmail.com

Email

Affordability Calculator

$5,513
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,791
Monthly Property Taxes
$722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237630 Elementary School
1236228 Middle School
Bloomington South High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$768,000 Listed Price

Map


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402 E 1st Street, Bloomington, IN, 47401 is a Multi-Family Home for sale at $768,000 with 2,455 sqft. 402 E 1st Street has 5 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 47401 which is in Bloomington, IN