3429 & 3431 S Kennedy Drive Bloomington, IN $ 424,900
3429 & 3431 S Kennedy Drive
$ 424,900
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3429 & 3431 S Kennedy Drive

Bloomington, IN, 47401
$ 424,900
Bedrooms6 Baths4.0 Sq 2,592

Monthly Estimate*

$ 2,616

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Multi-Family Home for sale in Bloomington, IN

for $424,900 with 6 bedrooms and 4 full baths. This 2,592 square foot home was built in 1994.

This property has a great rental history! Great investment opportunity with high net income located on the south side of Bloomington, convenient to shopping, I-69, and downtown! Both units currently rent for $1,675 per month. 3429 is leased until 7/26/27, and 3431 is month-to-month. The tenants pay all utilities. Each main level has a living room, a fully equipped kitchen with a pantry and the laundry closet, a dining room, and a full bath. The upper level of each has 3 bedrooms (2 with walk-in closets), and a full bath with a tub/shower combination. There is a one-car attached garage and a spacious back deck for each, plus a nice-sized yard. These units have been very well-maintained. Recent improvements for 3429 include a new furnace (2026), and Luxury Vinyl Plank flooring has replaced the carpeting seen in the pictures. The current management company takes care of the lawn. Don't miss this great opportunity! Live in one side and lease the other, or lease both for a great return on investment!

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Multi-Family Active

Price

$ 424,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,956

Style

Year Built

1994

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202617642

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
# of Buildings 1
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1994
Parking Garage Other
New Construction No
Tenant Pays Cable Cooling Electric Fuel Heating Sewer Trash Collection Water Deposit Value
Subdivision Walnut Creek
Style Two Story
Stories Count 2
Township Perry
Class INVESTMENT
Type Duplex
Age 32
Net Income 31410
Rent Income 40200
Features Ceiling Fan Off Street Parking Cable Available Closet(s) Walk-in Countertops-Laminate Deck Open Detector-Smoke Garage Door Opener Water Heater Electric
Inside City Limits Yes
REO No
Status Detail 0
Area Monroe County
Location City/Town/Suburb
High School Bloomington South
City Bloomington
School District Monroe County Community School C
Architectural Style Other
Total Sq Ft 2592
Elementary School Templeton
Middle School Jackson Creek
Legal Description WALNUT SPRINGS PH I L 22 State ID #53-08-16-301-010.000-009
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202617642
Agent First Name Ron
Agent Last Name Plecher
DOM 1
Tax Year 2025/2026
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Interior
Basement Crawl
Flooring Vinyl Tile Vinyl
Beds 6
Total Number of Units 2
Microwaves 2
Refrigerators 2
Washers 2
Dryer(s) 2
Dishwasher(s) 2
Disposal(s) 2
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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Exterior
Exterior Brick Vinyl
Driveway Concrete
Pool No
Number of Parking Spaces 6
Lot Size Area 10019
Lot Dimensions 81x124
Lot Description Level
Fence None
Water Meters 2
Electric Meters 2
Outbuilding None
Water Features None
Gas Meters 2
Waterfront Y/N No
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* Excluded Features
List By
Ron Plecher

Listing Agent

Realty Professionals

Broker

rplecher@homefinder.org

Email

Affordability Calculator

$3,029
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,616
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1236896 Elementary School
1236228 Middle School
Bloomington South High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$424,900 Listed Price

Map


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3429 & 3431 S Kennedy Drive, Bloomington, IN, 47401 is a Multi-Family Home for sale at $424,900 with 2,592 sqft. 3429 & 3431 S Kennedy Drive has 6 bedrooms, 4.0 baths, and was built in 1994. The property's zip code is 47401 which is in Bloomington, IN