4501 + 4503 E Stephens Drive, Bloomington, IN 47408

Bloomington
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4501 + 4503 E Stephens Drive,Bloomington, IN 47408
$239,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 1,352 sq. ft.
  • Multi-family
  • Active
Listed by: melissa murphyCell: 812-327-6162
Office: century 21 scheetz - bloomington
MLS#:202615469
Source:Indiana Regional MLS

Price summary

  • Price:$239,000
  • Price per sq. ft.:$176.78

About this home

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...

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Home facts

  • Year built:1962
  • Subdivision & Development:Eastern Heights
  • Listing ID #:202615469
  • Added:152 day(s) ago
  • Updated:September 28, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Basement Description:Slab
  • Living area:1,352 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Conventional, Wall Heater

Structure and exterior

  • Roof:Asphalt
  • Year built:1962
  • Building area:1,352 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Level
  • Architectural Style:One Story, Ranch
  • Construction Materials:Vinyl
  • Levels:1 Story

Schools

  • High school:Bloomington North
  • Middle school:Tri-North
  • Elementary school:University

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$239,000
  • Price per sq. ft.:$176.78

Features and amenities

  • Amenities:Cable Available, Cable Ready, Countertops-Laminate, Water Heater Gas

Parking

  • Parking description:Garage Parking, Gravel Driveway, Gravel Parking, Off Street Parking, Street Parking
  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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