$515,000

775 - 777 N Smith Road, Bloomington, IN 47408

  • 7 beds |
  • 4 baths |
  • 3,430 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Solid All-Brick Fourplex with Strong Rental History – Prime Location in East side off of 10th St. Ideally located just 6 minutes from IU Kelley Business School and 5 minutes from the IU Academic Medical Research Center and new IU Regional Hospital. A campus bus stop is directly across the street, and an elementary school sits just East of the corner of Smith & 10th Street—making this a highly convenient and desirable rental location. Well-maintained all-brick fourplex offering stable income and significant recent upgrades. Improvements include a new HVAC system (2020), new stone landscaping (2023), and a fully remodeled and furnished Unit 2 (2023). Units 2, 3, and 4 feature new sliding doors. In 2025, both the interior and exterior sewer systems were completely updated for added peace of mind. Nuflow Plumbing Company provides a 5 year warranty (to 2030.) The property boasts an excellent rental history, with rental permit secured through 9/19/2028. Current leases provide strong occupancy: Units 1 & 2 leased through 7/31/2027, and Units 3 & 4 leased through 7/31/2026. Landlord currently covers water, sewer, trash, electricity, and gas.

Listing Status:
Active
Date Added:
February 12, 2026
Data Last Updated:
February 17, 2026 at 7:57AM
Listing Office:
RE/MAX Acclaimed Properties : 812-332-3001
Listing Agent:
Janet Jin : 812-325-9093
MLS ID:
202604477
  • Basement: FinishedOutside Entrance Only
  • Flooring: CarpetLaminateMixedVinylWood
  • A/C: Central Air
  • Heating: Forced AirGas
  • General: Brick
  • Style: One Story
  • Other Structures: None
  • Parking: Off StreetParking spaces: 8
  • School District: Monroe County Community School Corp.
  • Driveway: Gravel
  • Zoning: 013-01280-10 Pt NE SE 35-9-1W (0.40 Acre) Plat 6053-05-35-400-007.000-005

This listing courtesy of Janet Jin , RE/MAX Acclaimed Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

University Elementary School

1111 N Russell Rd, Bloomington, IN, 47408

Grades PK-6

0.34 miles away

T

Tri-North Middle School

1000 W 15th St, Bloomington, IN, 47404

Grades 7-8

3.37 miles away

B

Bloomington High School South

1965 S Walnut St, Bloomington, IN, 47401

Grades 9-12

3.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.