311-321 South Muller Parkway

Bloomington, IN 47403

$495,000
Price
8
Beds
4
Baths
3,533 Sq. Ft.
$140 / Sq. Ft.
3,533
Sq. Ft.
$140
per Sq. Ft.

Description

Investment Opportunity! 3 Units near busy I-69 and West 3rd St. All Units recently remodeled. Unit 317 with 2 bedrooms and 1 bath is currently leased until November 1, 2024 Unit 311 with 4 bedrooms and 2 baths is available for lease Unit 321 with 2 bedrooms and 1 bath is available for leaseInvestment Opportunity! 3 Units near busy I-69 and West 3rd St. All Units recently remodeled. Unit 317 with 2 bedrooms and 1 bath is currently leased until November 1, 2024 Unit 311 with 4 bedrooms and 2 baths is available for lease Unit 321 with 2 bedrooms and 1 bath is available for lease
  1. Listed by Chris Cockerham • FC Tucker/Bloomington REALTORS

Property Details for 311-321 South Muller Parkway

Style
Detached
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 12/13/2024 05:36 PM

Property Details for 311-321 South Muller Parkway

StatusActive
MLS #202427944
Days on Market152
Taxes$5,343 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1952
Lot Size0.26 AC / 11,326 SF
CountyMonroe County

Building Information for 311-321 South Muller Parkway

Stories1Residences3Year Built1952Building Size-Lot Size0.26 AC / 11,326 SF

Property Information for 311-321 South Muller Parkway

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47404
  • City Zoning: RM - Residential Multifamily
  • State: IN
  • Township: Perry
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Inside City Limits: Yes
  • Fips Code: 18105
  • Directions To Property: Hwy 69 South to West 3rd St exit. Take 3rd Street west; turn right on Muller Parkway
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-08-06-100-051.000-009
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Fairview
  • Middle School: Tri-North
  • High School: Bloomington North
Parking
  • Number Of Parking Spaces: 9
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.26
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 3533.0
  • Approx Lot Size Sqft: 11326.0
  • Above Grade Finished Sqft: 2664.0
  • Below Grade Finished Sqft: 869.0
  • Total Below Grade Sqft: 869.0
  • Total Finished Sqft: 3533.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Other
Property and Assessments
  • New Construction: No
  • Year Built: 1952
  • Age: 72
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Cable Ready, Ceilings-Vaulted, Detector-Smoke, Eat-In Kitchen
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 3
  • Number of Disposals: 3
  • Number of Dryers: 3
  • Number of Microwaves: 3
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 1
  • Number of Washers: 2
  • Basement: Yes
  • Basement/Foundation: Crawl, Slab, Partial Basement
  • Cooling: Central Air
  • Flooring: Carpet, Laminate, Vinyl
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 1
  • 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: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 1
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $1,800.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $66,000
  • Annual Insurance Expense: $3,750
  • Annual Maint. Expense: $6,875
  • Annual Misc: $0
  • Annual Net Income: $47,932
  • Annual Property Tax: $5,343
  • Annual Trash Expense: $300
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $5,500
  • Gross Monthly Rent: $5,500
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 2
  • Unit 1-Num of Bedrooms: 4
  • Unit 1-Num of Rooms: 8
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: No
  • Unit 1-Garage: No
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 311
  • Unit 1-Unit Rent $: $2,800
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 5
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage: No
  • Unit 2-Lease Exp Date: 11-01-2024
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 317
  • Unit 2-Unit Rent $: $1,350
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 5
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: No
  • Unit 3-Garage: No
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 321
  • Unit 3-Unit Rent $: $1,350
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Property History for 311-321 South Muller Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 311-321 South Muller Parkway

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

Tri-North Middle School
Public7 to 8

Bloomington High School North
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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311-321 South Muller Parkway is a multi-family home for sale in Bloomington, IN 47403. This property was listed for sale on July 23, 2024 by FC Tucker/Bloomington REALTORS, it's currently listed at $495,000. It has been on the market for a total of 152 days and was last sold on April 21, 2023. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Fairview Elementary School, Tri-North Middle School and Bloomington High School North. 311-321 South Muller Parkway is a 8-bed, 4-bath, 3,533 sqft multi-family home built in 1952.

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 FC Tucker/Bloomington REALTORS

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.