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About This Home

This 5-bedroom, 3-bathroom residential multi family at 402 E 1st Street in Bloomington, IN is listed for $744,900 ($303 per sqft). the home offers 2,455 sqft of living space on a 0.20 acres lot.

Agent Description

Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of Bloomington's Bryan Park/Elm Heights neighborhood. This classic craftsman home has the iconic front porch, leading you into a wide open living space with original windows, woodwork, and floors.

Updated kitchen and full bathroom along with addition of laundry room in the last 2 years. Currently rented at $4750/month for 25-26 school year and $5,000/month for 26-27. Elusive 5 person HAND permit on file as well good until 5-28-28. This would be a great property to begin or add to your portfolio given its proximity to campus, the B-line Trail and downtown. Off street parking on the side of the house and a big, beautiful back yard make this one a must see.

Key Features

  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
3 full

Amenities

Basement

Monthly Cost Estimate

$3,984/mo

20% down · 6.5% · 30 years

Principal$539
Interest$3,228
Insurance$217

Estimates only. Actual payments may vary.

Location

402 E 1st Street

Bloomington, IN 47401

Bryan Park

Features & Amenities

Exterior Features

BasementCeiling FanOff Street ParkingNone

Property Details

Flooring

Wood

Parking

Off Street

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeWasher

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 402 E 1st Street is listed at $744,900 ($303/sqft). The estimated monthly payment is $3,228 based on 20% down at 6.5% interest.

Key features include: 0.20 acre lot, 2 stories. Exterior Features: Basement, Ceiling Fan, Off Street Parking.

This property is listed by Tim Ballard and can be reached at 8123251648 or alignedpg@gmail.com.

TB

Tim Ballard

Agent at Aligned Property Group

(812) 325-1648

Listed by Aligned Property Group · View on Broker Site

MLS# 202547902· Source: listhub· Updated 128 days ago

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 E 1st Street, Bloomington, IN 47401

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