Solid All-Brick Fourplex with Strong Rental History – Prime Location in East side off of 10th St. Ideally located just 6 minutes from IU Kelley Business School and 5 minutes from the IU Academic Medical Research Center and new IU Regional Hospital. A campus bus stop is directly across the street, and an elementary school sits just East of the corner of Smith & 10th Street—making this a highly convenient and desirable rental location. Well-maintained all-brick fourplex offering stable income and significant recent upgrades. Improvements include a new HVAC system (2020), new stone landscaping (2023), and a fully remodeled and furnished Unit 2 (2023). Units 2, 3, and 4 feature new sliding doors. In 2025, both the interior and exterior sewer systems were completely updated for added peace of mind. Nuflow Plumbing Company provides a 5 year warranty (to 2030.) The property boasts an excellent rental history, with rental permit secured through 9/19/2028. Current leases provide strong occupancy: Units 1 & 2 leased through 7/31/2027, and Units 3 & 4 leased through 7/31/2026. Landlord currently covers water, sewer, trash, electricity, and gas.
Active
$515,000
775-777 N Smith Rd, Bloomington, IN 47408
7beds
3,430sqft
Est.:
Quadruplex
Built in 1960
-- sqft lot
$494,100 Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained all-brick fourplex
- 41 days |
- 664 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 07:29am
Listed by:
Janet Jin Cell:812-325-9093,
RE/MAX Acclaimed Properties
Source: IRMLS,MLS#: 202604477
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate, Mixed, Wood, Vinyl
- Basement: Finished,Outside Entrance Only,Block,Sump Pump
Interior area
- Total structure area: 3,430
- Total interior livable area: 3,430 sqft
- Finished area above ground: 1,730
- Finished area below ground: 1,700
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.4 Acres
- Features: Few Trees, Sloped, City/Town/Suburb, Near College Campus
Details
- Additional structures: None
- Parcel number: 530535400007.000005
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, Bloomington City Utility
Community & HOA
Community
- Features: None
- Subdivision: Northeast Bloomington City
Location
- Region: Bloomington
Financial & listing details
- Annual tax amount: $6,639
- Date on market: 2/13/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 62160
- Tenant pays: Cable TV
Estimated market value
$494,100
$469,000 - $519,000
$2,042/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Listed for sale | $515,000 |
Source:  IRMLS #202604477 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,906/mo
Principal & interest
$2597
Property taxes
$309
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Climate risks
Neighborhood: Grandview Hills
Nearby schools
GreatSchools rating
- 8/10University Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 7/10Tri-North Middle SchoolGrades: 7-8Distance: 3.4 mi
- 9/10Bloomington High School NorthGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: University
- Middle: Tri-North
- High: Bloomington North
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 47408
- Indiana
- Monroe County
- Bloomington
- 47408
- Grandview Hills
- 775-777 N Smith Rd
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