# 2101 1/2 S Rogers Street, Bloomington, IN 47403

> **TL;DR:** land, $235,000. Est. $1,018/mo. Listed 118 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $235,000 |
| Lot Size | 29,621 sqft (0.68 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 118 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,018 |
| **Total** | **$1,018** |

## Nearby Schools

- **Elementary:** Templeton
- **Middle:** Batchelor
- **High:** Bloomington South

## Property Highlights

- 0.68 acre lot

## Description

### Agent Description
Development-ready 0.68-acre RM-zoned multifamily site supporting 12–15 two- and three-bedroom apartments or condominiums. Located in a Qualified Opportunity Zone steps from Bloomington’s premier 65-acre Switchyard Park and the B-Line Trail in one of the city’s fastest-growing residential corridors. Significant pre-development work complete: soil samples on file and site plans for multi-unit development previously prepared. Buyer saves months of planning and thousands in due diligence costs. Bloomington’s UDO supports medium-scale multifamily development in the RM district with building heights up to 3 stories. A completed 12–15 unit project at this location could generate $172,000–$270,000 in annual gross rental income, or $2.4M–$4.1M in total condo sales revenue. Bloomington’s rental market, driven by Indiana University, maintains among the lowest vacancy rates in the state. Opportunity Zone investors can defer existing capital gains, receive a basis step-up on deferred gains, and pay zero capital gains tax on project appreciation when held for 10+ years. Seller financing available to qualified buyers. Ideal for developers and OZ investors seeking an entitled, de-risked site in a proven rental market. Adjacent 5.5-acre property is also separately available, creating a potential 6+ acre combined development site for 60+ units. Site plans for the combined parcels have been previously prepared.

## Location

- **Address:** 2101 1/2 S Rogers Street, Bloomington, IN 47403
- **County:** Monroe County
- **Neighborhood:** None
- **Coordinates:** 39.144517, -86.536578
- **Google Maps:** https://www.google.com/maps?q=39.144517,-86.536578

## Listing Agent

- **Name:** Laura Stevens
- **Brokerage:** The Indiana Team LLC
- **Phone:** 8122199002
- **Email:** laura@theindianateam.com

## Primary Photo

![2101 1/2 S Rogers Street - Primary Photo](http://lh.rdcpix.com/06bceb017c14ae96101872a6334acfdbl-f1538215667r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/2101-1-2-s-rogers-street-bloomington-in-47403-02603397)*

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**MLS#:** 202603397 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2101-1-2-s-rogers-street-bloomington-in-47403-02603397)

---

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