1101 S Rogers St - Multi-Family FOR SALE


Bloomington, IN 47403- Downtown Bloomington IN
$435,000 USD
812-606-0136
1101 S Rogers St, Bloomington, IN for Sale
$435,000 USD
Multi-Family - FOR SALE
1/30
null | Request Cap Rate

1101 S Rogers St
Bloomington, IN 47403
Downtown Bloomington IN


HIGHLIGHTS

  • Profitable Airbnb investment property
  • 3 units with private parking
  • Value-add opportunities with 1) increasing Airbnb rates on event weekends and, 2) converting basement into another unit

OVERVIEW

Three Unit Investment Property For Sale on S Rogers located in the historic McDoel Gardens neighborhood directly on the city bus route and just a few blocks from Switchyard Park, B-Line Trail, Hopscotch Cafe, Cardinal Spirits and Southern Stone Restaurant. Includes a fenced in backyard and a new roof and gutters installed in April 2025l! Currently used as a profitable Airbnb with private parking for each unit.  New owners can continue operating as an Airbnb, make it into long term rentals, or live in one and rent out the other two. Value add opportunity for new owners to increase rent rates during special events in Bloomington (football weekends, graduation, etc).  Building includes basement for storage and laundry which is another value added opportunity. Seller was told that basement could possibly be converted into another unit if another entrance/exit fire escape were added.  Furniture is not included in listing price but can be included in addition to the sales price (furniture is quality and has a nice them with the Airbnb).  Property has five Mini Split HVAC units with a Mini Split in each bedroom and living room.   Financials available upon request. Schedule a tour today!

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

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three Unit Investment Property For Sale!

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3

APN/PARCEL ID

53-08-05-401-001.000-009

ASK ABOUT THIS PROPERTY

Craig DohmanCentury 21 CommercialMore Info
812-606-0136

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Craig DohmanCentury 21 CommercialMore Info
812-606-0136

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