Listing courtesy of Century 21 Scheetz - Carmel · Listing agent: Mark Linder · cell: 317-514-6275

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122 - 124 N Clark Street

$409,900

$267.56 / sq ft

Est. $2,739/mo

Bloomington, IN 47408Green Acres

Original price $419,900 · Price reduced on September 16, 2026

Bedrooms
4
Bathrooms
2
Living area
1,532 sq ft
Lot
0.12 ac
Year built
1946
Type
Other
Listed
August 14, 2026
MLS #
202633220

About this home

Perfect investment opportunity includes both 122 and 124 N Clark Street, near the IU campus and all the east side amenities! This package includes two 768 square foot homes with two bedrooms and one bathroom in each home on one lot. These homes are located within minutes of the famous Mother Bears Pizza, the IU Auditorium, Memorial Stadium and Assembly Hall. Also, not far are the Student Rescource Center, Global and International Studies, School of Music and so much more. This unique property offers an opportunity for a straight investment or to purchase for your student with the opportunity to rent the rest of the space to offset your expense. Homeowner added central air in both homes in 2024! Currently vacant, but these investment homes have had 100% occupancy for over thirty years.

Monthly payment estimate

$2,739/mo

Principal & interest
$2,244
Property taxes
$375
Homeowners insurance
$120
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 4500 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Detached
Stories
1
Total area
1,532 sq ft
Finished area above grade
1,532 sq ft
Bedrooms above grade
4
Basement
Slab
Flooring
Carpet, Laminate, Vinyl
Heating
Forced Air
Cooling
Central Air
Amenities
Off Street Parking, Water Heater Gas

Exterior & parking

Style
Ranch
Construction
Block
Roof
Shingle
Parking
Concrete, On Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Green Acres
Lot features
0-2.9999
Lot size (acres)
0.12 ac
Lot dimensions
76 x 67
Location type
City/Town/Suburb,Near College Campus
Inside city limits
Yes
County
Monroe County
Township
Bloomington
Road frontage
City Street
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
Directions via GPS

Schools

Elementary school
University
Middle school
Tri-North
High school
Bloomington North
School district
Monroe County Community School Corp.

Taxes & terms

Annual taxes
$4,500
Tax year
4500
Tax exemptions
No Exemptions
Possession
at closing
Parcel number
53-05-34-414-010.000-005

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer
Electric provider
Duke Energy Indiana
Gas provider
CenterPoint Energy
Water provider
Bloomington City Utility
Cable / internet provider
Comcast/Xfinity

Income & commercial

Units
2
Buildings
2
Annual gross rent
$31,200
Net operating income
$24,900
Parking spaces
2
Pets allowed
No
Tenant pays
Electricity, Heat, Sewer, Trash Collection, Water
Electric meters
2
Gas meters
2
Water meters
2
Insurance (annual)
$1,800

Location

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$409,900

4 beds · 2 baths