501 S Highland Avenue Bloomington, IN ^$ 725,000

501 S Highland Avenue

^$ 725,000

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501 S Highland Avenue

Bloomington, IN, 47401

^$ 725,000

Studio Baths2.0 Sq 2,321

Monthly Estimate*

^$ 4,578

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Studio

Multi-Family Home for sale in Bloomington, IN

for $725,000 with 2 full baths. This 2,321 square foot home was built in 1925.

Rare investment opportunity for an absolutely primo duplex an arms length from Indiana University campus. This south of campus stunning home on a corner lot has apermit for eight with an upper level unit with six total bedrooms, and two full baths with hardwood floors, a beautiful kitchen and great rental history. The lower level apartment is twobedroom one bath and has an entrance to the north side. These pristine units. are ideally located on the south side of the Indiana University campus, near restaurants, coffee shops, thebookstore, and all of the Indiana University activities.

Multi-Family Active

Price

^$ 725,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,847

Style

Duplex

Year Built

1925

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202633293

Features

General

Heating Gas Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1925

New Construction No

Tenant Pays Cable Electric Water

Subdivision Southeast Bloomington City

Style Two Story

Stories Count 2

Township Perry

Class INVESTMENT

Type Duplex

Age 101

Net Income 66552.16

Rent Income 77400

Features Basement

REO No

Status Detail 0

Area Monroe County

High School Bloomington South

City Bloomington

School District Monroe County Community School C

Total Sq Ft 3202

Elementary School Rogers/Binford

Middle School Jackson Creek

Legal Description 015-45430-00 WILLIAMS N1/2 LOT 8 & PT LOT 7 PLATS

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633293

Agent First Name Jeff

Agent Last Name Franklin

DOM 1

Tax Year 2026

Interior

Basement Full Basement

Flooring Wood

Beds 8

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 1

Below Grade Bedrooms 2

Total Rooms Below Grade 4

Ranges/Ovens 2

W/D Hookups 2

Exterior

Exterior Vinyl

Pool No

Number of Parking Spaces 1

Lot Size Area 436

Lot Dimensions Irregular

Lot Description Irregular

Outbuilding None

Waterfront Y/N No

* Excluded Features

List By

Jeff Franklin

Listing Agent

Fc Tucker/Bloomington Realtors

Broker

franklin@tuckerbloomington.com

Affordability Calculator

$5,482

Per Month

Monthly Principal & Interest: $4,578
Monthly Property Taxes: $904
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Bloomington, IN

Average List Price ^$742,670

Percent of Sale Price 2%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237630 Elementary School

1236228 Middle School

Bloomington South High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2026	$725,000		Listed Price

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501 S Highland Avenue, Bloomington, IN, 47401 is a Multi-Family Home for sale at $725,000 with 2,321 sqft. 501 S Highland Avenue is a studio with 2.0 baths and was built in 1925. The property's zip code is 47401 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/15/2026.

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501 S Highland Avenue

Multi-Family Home for sale in Bloomington, IN

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