4501 + 4503 E Stephens DR, Bloomington, IN 47408
4501 + 4503 E Stephens DR, Bloomington, IN 47408
4501 + 4503 E Stephens DR, Bloomington, IN 47408
4501 + 4503 E Stephens DR, Bloomington, IN 47408
4501 + 4503 E Stephens DR, Bloomington, IN 47408
4501 + 4503 E Stephens DR, Bloomington, IN 47408
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Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Melissa Murphy • Century 21 Scheetz - Bloomington • Cell: 812-327-6162
$ 239,000
Est. payment | /mo

2 Beds

2 Baths

1,352 SqFt

Save Virtual Tour
$ 239,000
Est. payment | /mo
Save Virtual Tour

2 Beds

2 Baths

1,352 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,352 sqft

Subdivision Eastern Heights

MLS Listing ID IRM202615469

Style Ranch

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1962

Annual Tax Amount $5,367

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions irregular

Property Sub-Type Duplex

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.

Location

State IN

Rooms

Basement Slab

Interior

Heating Conventional, Wall Heater

Inclusions Building, Land

Fireplace N

Exterior

Parking Features Gravel, Garage, Off Street, On Street

Fence None

Amenities Available None

Waterfront Description None

View Y/N true

Total Parking Spaces 7

Building

Lot Description Level, 0-2.9999

Story One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools University

Middle Schools Tri-North

High Schools Bloomington North

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-05-36-202-005.000-005

Monthly Total Fees $1, 070

Acceptable Financing IRM202615469

Listing Terms IRM202615469

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202615469

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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4501 + 4503 E Stephens DR

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Kegan Inman
Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

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