Properties

714 N Fairview Street, Bloomington, Indiana 47404-3401 MLS 202540732

0.22 acre - 714 N Fairview Street, Bloomington, Indiana 47404-3401

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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.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202540732
Price : $239,900
Bedrooms : 5
Rooms : 8
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1899
Lot Area (ACRES) : 0.22
Total Finished SqFt : 2,082
Address Map
Country : US
State : IN
City : Bloomington
Area : Monroe County
Subdivision : None
Zipcode : 47404-3401
Street : Fairview
Street Number : 714
Postal Code : 3401
Floor Number : 0
Longitude : W87° 27' 32.5''
Latitude : N39° 10' 24.5''
Additional Details
Property SubType : Site-built home
Status : Active
Pool Y/N : No
Style : One story
School District : Monroe county community school c
Elementary : Fairview
Middle School : Tri-north
High School : Bloomington north
Waterfront Y/N : No
New Construction : No
Investment Property Y/N : Yes
Lot Dimensions : 132 x 72
# of Fireplaces : 0
Main Level SqFt : 1,718
Approx. Lot Size SqFt : 9,583
Total Baths : 2
Annual Taxes : $5,322
Association Dues $ : $0
Other Fees $ : $0
Garage Y/N : No
Fireplace Y/N : No
Garage Type : Detached
Laundry Level : Main
Water Utility : City
Sewer : City
Road Surface : Asphalt
Outbuilding 1 : Shed
REO Y/N : No
Basement Y/N : Yes
LOT DESCRIPTION : Corner
EXTERIOR : Other
BASEMENT/FOUNDATION : Full basement, Unfinished
HEATING/FUEL : Gas
COOLING : Other
ARCHITECTURAL STYLE : Bungalow
AMENITIES : Porch covered, Near walking trail
ROOF MATERIAL : Asphalt
Age : 126

Listing provided courtesy of: RE/MAX Acclaimed Properties, Alice Chastain.

Residential For Sale
  • Listing ID : 202540732
  • Bedrooms : 5
  • Bathrooms : 2
  • Lot Area (ACRES) : 0.22 acre
  • Visits : 0 in 22 days
$239,900
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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