1308-1310 Atwater Avenue

Bloomington, IN 47401

$999,900
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$333 / Sq. Ft.
3,000
Sq. Ft.
$333
per Sq. Ft.

Description

This income-producing duplex is located near Indiana University and offers steady rental income. Due to it's great location, the property is fully leased through July 2026! Each of the two units features 4 bedrooms, 2 bathrooms, and off-street parking. The current monthly rent is $7,575. In August 2025, the monthly rent increases to $8,100. This investment opportunity presents a promising return due to its prime location and strong tenant demand! Don't miss your opportunity to score this amazing...This income-producing duplex is located near Indiana University and offers steady rental income. Due to it's great location, the property is fully leased through July 2026! Each of the two units features 4 bedrooms, 2 bathrooms, and off-street parking. The current monthly rent is $7,575. In August 2025, the monthly rent increases to $8,100. This investment opportunity presents a promising return due to its prime location and strong tenant demand! Don't miss your opportunity to score this amazing property!
  1. Listed by Jeff Brawley • Brawley Real Estate

Property Details for 1308-1310 Atwater Avenue

Style
Two Story
Subdivision
Northeast Bloomington City
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 11/18/2024 08:50 PM

Property Details for 1308-1310 Atwater Avenue

StatusActive
MLS #202434444
Days on Market76
Taxes$13,582 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1899
Lot Size0.19 AC / 8,276 SF
CountyMonroe County

Building Information for 1308-1310 Atwater Avenue

Stories2Residences2Year Built1899Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 1308-1310 Atwater Avenue

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip + 4: 3706
  • Zip Code: 47401
  • State: IN
  • Township: Perry
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Fips Code: 18105
  • Directions To Property: One block away from the Jacobs School On Atwater just East of Highland
Taxes and HOA
  • Assessed Value $: $742,300.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-08-03-207-009.000-009
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Rogers/Binford
  • Middle School: Jackson Creek
  • High School: Bloomington South
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.19
  • Lot Dimensions: Irregular
  • Lot Number: 12
  • Below Grade Unfin Sqft: 1440.0
  • Total Square Feet: 4440.0
  • Approx Lot Size Sqft: 8276.0
  • Above Grade Finished Sqft: 3000.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1440.0
  • Total Finished Sqft: 3000.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, Historic Designation
Property and Assessments
  • New Construction: No
  • Year Built: 1899
  • Age: 125
  • Expiration Of Permit: 11-01-2025
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Bar, Porch Covered
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 2
  • Number of Disposals: 2
  • Number of Dryers: 2
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air
  • Flooring: Laminate, Wood
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 8
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 8
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 2
Multi Family
Multi-Family Information
  • Number of People Allowed: 10
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Buildings: 1
  • Number of Units: 2
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $97,200
  • Annual Insurance Expense: $5,186
  • Annual Maint. Expense: $4,022
  • Annual Misc: $0
  • Annual Net Income: $74,411
  • Annual Property Tax: $13,582
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $8,100
  • Gross Monthly Rent: $8,100
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 4
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage: No
  • Unit 1-Lease Exp Date: 07-31-2026
Unit 2
  • Unit 2-Num of Bathrooms: 2
  • Unit 2-Num of Bedrooms: 4
  • Unit 2-Basement: Yes
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage: No
  • Unit 2-Lease Exp Date: 07-31-2026
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Property History for 1308-1310 Atwater Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1308-1310 Atwater Avenue

This home is within Monroe County Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 2
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Binford Elementary School
PublicPK to 6

Rogers Elementary School
PublicK to 2

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1308-1310 Atwater Avenue is a multi-family home for sale in Bloomington, IN 47401. This property was listed for sale on September 6, 2024 by Brawley Real Estate, it's currently listed at $999,900. It has been on the market for a total of 76 days and was last sold on April 26, 2013. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Binford Elementary School, Rogers Elementary School and Jackson Creek Middle School. 1308-1310 Atwater Avenue is a 8-bed, 4-bath, 3,000 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brawley Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.