714 N Fairview Street Active Save Request In-Person Tour Request Virtual Tour
Bloomington,IN 47404-3401
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,082 sqft
Price per Sqft $115
MLS Listing ID 202540732
Style One Story
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 2,082
Total Fin. Sqft 2082
Year Built 1899
Annual Tax Amount $5,322
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type Site-Built Home
Property Description
Exceptional Investment Opportunity – Two Homes, One Lot! Measurements and room counts are for both homes. Rare opportunity to own two income-producing homes for the price of one! 614 W 12th Street and 714 N Fairview are adjacent properties situated on a single city lot at the corner of 12th and Fairview—just minutes from downtown Bloomington, Indiana University, and local shopping and dining. Each home carries a valid HAND occupancy permit allowing up to three unrelated adults (614 W 12th valid through March 2, 2026, and 714 N Fairview valid through June 21, 2026), offering strong rental potential. 614 W 12th Street: Two spacious bedrooms, one full bath, and an unfinished basement. Currently under-rented to long-term tenants at $550/month, leaving room for significant upside. 714 N Fairview: Three bedrooms, one full bath, and an unfinished basement. Currently rented for $800/month. With dependable tenants in place, solid rental potential, and potential for increased cash flow, this property represents an excellent opportunity for investors seeking steady income, future appreciation, or the flexibility to live in one home while renting the other.
Location
State IN
County Monroe County
Area Monroe County
Zoning R3 - Residential Small Lot
Direction GPS Friendly. At the corner of Fairview and 12th.
Rooms
Basement Full Basement,Unfinished
Kitchen Main, 14 x 13
Interior
Heating Gas
Cooling Other
Laundry Main
Exterior
Amenities Available Near Walking Trail,Porch Covered
Roof Type Asphalt
Building
Lot Description Corner
Story 1
Foundation Full Basement,Unfinished
Sewer City
Water City
Architectural Style Bungalow
Structure Type Other
New Construction No
Schools
Elementary Schools Fairview
Middle Schools Tri-North
High Schools Bloomington North
School District Monroe County Community School Corp.
Others
Financing Cash
Virtual Tour https://tours.janedanielsphotography.com/2355332?idx=1