1106 S Madison Street Bloomington, IN $ 190,000
1106 S Madison Street
$ 190,000
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1106 S Madison Street

Bloomington, IN, 47403
$ 190,000
Bedrooms4 Baths2.0 Sq 1,408

Monthly Estimate*

$ 1,312

1106 S Madison Street, Bloomington, IN 47403 - Image 1
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Multi-Family Home for sale in Bloomington, IN

for $190,000 with 4 bedrooms and 2 full baths. This 1,408 square foot home was built in 1930.

Two units, one investment opportunity, and plenty of room to add value. This bungalow-style duplex offers two 2-bedroom, 1-bath units. The front unit is currently occupied on a month-to-month basis, while the rear unit is vacant, giving the next owner flexibility to make improvements, secure new tenants, or explore owner-occupancy options. The front unit has street parking, with 23 parking spaces available for the rear unit. This property has some deferred maintenance and is priced with both its condition and potential in mind. Located near walking trails and popular Switchyard Park, this is an opportunity for an investor who isnt afraid of a little work and can see the possibilities beyond the punch list.

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Multi-Family Active

Price

$ 190,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,868

Style

Bungalow

Year Built

1930

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202641209

Features
General
Heating Gas
Cooling Window
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1930
Parking Off Street Street
New Construction No
Tenant Pays Cable
Subdivision None
Style Detached
Stories Count 1
Township Perry
Class INVESTMENT
Type Duplex
Age 96
Net Income 7693
Rent Income 24000
Features Basement Off Street Parking Near Walking Trail Cable Ready Detector-Smoke
REO No
Status Detail 0
Area Monroe County
Location City/Town/Suburb Near College Campus Near Walking Trail
High School Bloomington South
City Bloomington
School District Monroe County Community School C
Architectural Style Bungalow
Total Sq Ft 2696
Elementary School Templeton
Middle School Jackson Creek
Legal Description M M Campbell Lot 46
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202641209
Agent First Name Lisanne
Agent Last Name Allen
DOM 2
Tax Year 2025
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Interior
Basement Full Basement Unfinished
Flooring Carpet Vinyl
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 3
Lot Size Area 8760
Lot Dimensions 146 x 60
Lot Description Level
Fence None
Outbuilding Shed
Waterfront Y/N No
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* Excluded Features
List By
Lisanne Allen

Listing Agent

Carpenter Realtors Greenwood

Broker

lallen@callcarpenter.com

Email

Affordability Calculator

$2,051
Per Month
64%
36%
0%
Monthly Principal & Interest
$1,312
Monthly Property Taxes
$739
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1236896 Elementary School
1236228 Middle School
Bloomington South High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$190,000 Listed Price

Map


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1106 S Madison Street, Bloomington, IN, 47403 is a Multi-Family Home for sale at $190,000 with 1,408 sqft. 1106 S Madison Street has 4 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 47403 which is in Bloomington, IN