Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 6-bathroom residential multi family at 331 S Grant Street in Bloomington, IN is listed for $659,900 ($198 per sqft). the home offers 3,326 sqft of living space on a 0.22 acres lot.

Agent Description

Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington’s thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occup

ancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650.

A spacious 2-car garage provides additional storage or potential added utility. Whether you’re looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington’s most desirable locations. Property is being sold "AS IS".

Key Features

  • 0.22 acre lot
  • 2 stories

Property Details

2 stories
6 full

Amenities

Basement

Monthly Cost Estimate

$3,529/mo

20% down · 6.5% · 30 years

Principal$477
Interest$2,860
Insurance$192

Estimates only. Actual payments may vary.

Location

331 S Grant Street

Bloomington, IN 47401

Southeast Bloomington City

Features & Amenities

Exterior Features

BasementOff Street ParkingDeck CoveredPorch CoveredOutbuilding

Property Details

Flooring

CarpetLaminate

Heating

Forced AirNatural Gas

Cooling

Central AirMulti Units

Appliances

DryerRange

Questions & Answers

This 4-bedroom, 6-bathroom residential multi family at 331 S Grant Street is listed at $659,900 ($198/sqft). The estimated monthly payment is $2,860 based on 20% down at 6.5% interest.

Key features include: 0.22 acre lot, 2 stories. Exterior Features: Basement, Off Street Parking, Deck Covered.

This property is listed by Andy Walker and can be reached at 8123251290 or awalker@homefinder.org.

AW

Andy Walker

Agent at RE/MAX Acclaimed Properties

(812) 325-1290

Listed by RE/MAX Acclaimed Properties · View on Broker Site

MLS# 202618079· Source: listhub· Updated 19 days ago

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.

331 S Grant Street, Bloomington, IN 47401

Open this listing in: