Listed with Kerry Feigenbaum, FC Tucker/Bloomington REALTORS, kerry.feigenbaum@homefinder.org

Price $4,000,000
Status Active
Beds 13
Baths 15 Baths
Home size 10,560 sqft
Lot Size 8,712 sqft
Days on Market 20
Excellent opportunity to purchase a 6 unit building in the heart of Bloomington's downtown and IU campus. The Gables was originally built as 6 individual condominium units but has been rented to date as student apartment rentals. With the high demand for downtown condo living, this is an investor's dream. All 6 units are rented for the 26-27 school year, so buyer can take the next 12 months to plan renovations for high-end condominiums sales while earning income. Each 2-story townhouse has generously sized rooms, with a dedicated bath for each bedroom, an additional half bath on the main floor for guests, loads of storage, and 3 parking spots in the garage. With high end finishes, comparable (but hard to find) condominium units are running in the $600/SF price range in downtown Bloomington. Please allow 48 hours for all showing requests to allow for tenant notice.
Property Type(s): Multi Family
Last Updated 7/1/2026 Tract None
Year Built 1997 County Monroe

SCHOOLS

School District Monroe County Community School C
Elementary School Fairview
Jr. High School Tri-North
High School Bloomington North

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
CONSTRUCTION Brick
GARAGE Yes
HEAT Heat Pump, Natural Gas
INTERIOR Kitchen Island, Walk-In Closet(s)
LOT 8712 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 8712
PARKING Off Street, Garage, Paved
SEWER Public Sewer
STYLE Condo/Co-op Attached
SUBDIVISION None
TAXES 21024.78
WATER Public
Listed with Kerry Feigenbaum, FC Tucker/Bloomington REALTORS, kerry.feigenbaum@homefinder.org
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 7/21/26 4:24 PM PDT
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This IDX solution is (c) Diverse Solutions 2026.

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