405 W Mulberry Street Bloomington, IL $ 55,000
405 W Mulberry Street
$ 55,000
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405 W Mulberry Street

Bloomington, IL, 61701
$ 55,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 380

405 W Mulberry Street, Bloomington, IL 61701 - Image 1

Multi-Family Home for sale in Bloomington, IL

for $55,000 with 2 bedrooms and 2 full baths. This home was built in 1910.

Attention investors, contractors, and renovation enthusiasts! Opportunity awaits at 405 W Mulberry Street, a multi-unit property in need of repairs and renovations, making it a potential value-add investment for buyers looking to restore and reposition this rental property. One unit was most recently rented for $650 per month, providing a history of rental income and an opportunity to explore future income potential following improvements. Conveniently located near Downtown Bloomington, Illinois Wesleyan University, Bent Elementary School, shopping, dining, and local amenities. Property is being sold strictly AS-IS.

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Multi-Family Active

Price

$ 55,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,008

Style

Ranch

Year Built

1910

Town/City

Bloomington

County/Region

McLean

MLS | Web ID

12795637

Features
General
Sewer Public Sewer
Heating Gas
Possession Closing
Zoning OTHER
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1910
Township City of Bloomi
Tax Year 2025
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County McLean
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Not Applicable
Total Rooms 7
Status New
Directions Empire west to Center Street turn South to Mulberry turn Right
High School Bloomington High School
City Bloomington
High School District 87
MLS Area Bloomington
Elementary School Irving Elementary
Tax Annual Amount 2008.92
Middle/Junior High School Bloomington Jr High School
Standard Status Active
Middle/Junior School District 87
Elementary School District 87
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Interior
Basement Unfinished Full
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Other Off Site
Water Source Public
Total Parking 3
Lot Dimensions 39 X 88
Waterfront Y/N N
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* Excluded Features
List By
Freedom Realty

Broker

jared@jaredsells.com

Email

Affordability Calculator

$547
Per Month
69%
31%
0%
Monthly Principal & Interest
$380
Monthly Property Taxes
$167
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
2509573 Elementary School
2713493 Middle School
Bloomington High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$55,000 Listed Price

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405 W Mulberry Street, Bloomington, IL, 61701 is a Multi-Family Home for sale at $55,000. 405 W Mulberry Street has 2 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 61701 which is in Bloomington, IL