120 E Dixie Street, Bloomington, IN 47401

Classic Bloomington limestone with rental permit for five – an ideal opportunity for parents looking to invest while providing a comfortable home for their IU student or an opportunity for owner occupants to live near downtown and Bryan Park. This spacious property offers 4 bedrooms plus an office and 3 full bathrooms, with generous bedroom sizes that easily accommodate multiple tenants.

The large living room (with working fireplace) and dining room combination creates a welcoming gathering space, while a second family room in the lower level provides additional room to spread out. The home has been a reliable and comfortable student residence for several years, though rents have intentionally been kept below market with the current group of family and friend tenants.

With a rental permit for five, the property offers excellent potential for stronger future income. Buyers will appreciate the low-maintenance yard and the ample off-street parking—a rare find near campus. The property features a 660 sq ft garage plus driveway space for 4+ vehicles.

Inside, thoughtful upgrades add character and function, including a gourmet professional range, walk-in pantry, walk-in shower, and specialty glass tile details that elevate the feel of the home beyond typical student rentals. A tankless water heater ensures plenty of hot water even with a full household. Possession available after August 7, making this a great opportunity to plan ahead for the next school year while securing a solid Bloomington limestone property with long-term investment potential.