4503 E Stephens Dr, Bloomington, IN 47408

$239,000
2
BD
2
BA
1,352
SqFt

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Listing courtesy of from Century 21 Scheetz - Bloomington. Cell: 812-327-6162

List Price
$239,000
Status
ACTIVE
MLS#
202615469
Style
Ranch
Year Built
1962
Days On Market
Unknown
Bedrooms
2
Bathrooms
2
Living Area
1,352
Township
Bloomington
Subdivision
Eastern Heights

Property Description

Here is a rare opportunity to purchase a duplex in a sought-after neighborhood on Bloomington's Eastside, near to the IU Health hospital, Indiana University, IU sporting events, shopping, and restaurants. There is a HAND (Housing And Neighborhood Development) rental occupancy permit for six total occupants; the permit is good through July 10, 2029. Each side of the duplex features a spacious one bedroom floorplan of nearly 700 square feet per unit, with kitchen, living room, dining area, bedroom, bath, and storage. Unit 4501 has an attached one car garage. Many options are available for a new buyer/investor: Rent out one side and live in the other, Airbnb both units, or rent out both sides to long-term tenants. New roof and gutters were installed in 2025 and new garage door. The property is currently managed by Action Property Management. Action P.M. takes care of mowing and trimming. Tenants pay all utilities and handle their own snow removal. Unit 4503 is on a month-to-month lease beginning June 1, 2026 and would consider renewing. NOTES: Washer, dryer, and microwave for each unit are excluded; they belong to the tenants. A minimum of 24 hours' notice is required for showings as the duplex has tenants in both sides.

Additional Information

Acres
0.29
Taxes
$5,367
Lot Features
Level
Water
Public
Heating
Wall Unit(s)
Cooling
Window/Wall
Flooring
Carpet, Vinyl
School District
Monroe County Community School Corp.
Elementary School
University
Middle School
Tri-North
High School
Bloomington North

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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