1101 S Rogers St - Multi-Family FOR SALE


Bloomington, IN 47403- Downtown Bloomington IN
$435,000 USD
812-219-9002
1101 S Rogers St, Bloomington, IN for Sale
$435,000 USD
Multi-Family - FOR SALE
1/47
null | Request Cap Rate

1101 S Rogers St
Bloomington, IN 47403
Downtown Bloomington IN


OVERVIEW

This well-maintained triplex sits in the heart of Bloomington's vibrant McDoel Gardens neighborhood-just steps from Switchyard Park, the B-Line Trail, Hopscotch Coffee, Cardinal Spirits, and Southern Stone Restaurant. This property has a HAND rental permit - 3 unrelated tenants PER UNIT! Located on the city bus line, the property offers both exceptional convenience and strong tenant appeal. Each of the three units features dedicated climate control with Mini Split HVAC systems in every bedroom and living area. Tenants or guests enjoy a fully fenced backyard and two off-street parking spaces per unit. A new roof and gutters were installed in April 2025, and most furnishings are included with the sale (list available upon request). Most recently used as a highly profitable Airbnb, the property offers multiple options: continue short-term rentals, switch to long-term tenants, or live in one unit while renting the others. Income potential is especially strong during IU events like football weekends and graduation. The unfinished 1,345 sq. ft. basement provides generous storage or possible expansion into a fourth unit with the addition of a fire escape. Whether you're an investor looking for strong returns or a homeowner wanting to offset your mortgage with rental income this property is a great opportunity in one of Bloomington's most vibrant and walkable neighborhoods.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

3

PRICE/UNIT

$145,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex near B-line trail

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R3

APN/PARCEL ID

53-08-05-401-001.000-009

ASK ABOUT THIS PROPERTY

Laura StevensThe INDIANA Team, LLCMore Info
812-219-9002

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Laura StevensThe INDIANA Team, LLCMore Info
812-219-9002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.