# 331 S Grant Street, Bloomington, IN 47401

> **TL;DR:** 4bd/6ba residential multi family, $659,900 ($198/sqft), 3,326 sqft.
> Basement. Est. $2,860/mo. Listed 19 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $659,900 |
| Price/sqft | $198 |
| Bedrooms | 4 |
| Bathrooms | 6 full |
| Square Feet | 3,326 |
| Lot Size | 9,727 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 19 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,860 |
| **Total** | **$2,860** |

## Nearby Schools

- **Elementary:** Rogers/Binford
- **Middle:** Jackson Creek
- **High:** Bloomington South

## Key Amenities

- Basement

## Property Highlights

- 0.22 acre lot
- 2 stories

## Description

### 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 occupancy 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".

## Location

- **Address:** 331 S Grant Street, Bloomington, IN 47401
- **County:** Monroe County
- **Neighborhood:** Southeast Bloomington City
- **Coordinates:** 39.163526, -86.529529
- **Google Maps:** https://www.google.com/maps?q=39.163526,-86.529529

## Listing Agent

- **Name:** Andy Walker
- **Brokerage:** RE/MAX Acclaimed Properties
- **Phone:** 8123251290
- **Email:** awalker@homefinder.org

## Primary Photo

![331 S Grant Street - Primary Photo](http://lh.rdcpix.com/c24c04e09270e23abbc9a49898e1c62cl-f1422968295r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/331-s-grant-street-bloomington-in-47401-02618079)*

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**MLS#:** 202618079 | **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/331-s-grant-street-bloomington-in-47401-02618079)

---

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