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Listed by Jim Stafford • Stafford Real Estate • Cell: 812-325-4453
$ 799,000
Est. payment /mo
Price Dropped by $80K
100-106 S Yancy Lane Bloomington, IN 47404
1.07 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
Subdivision Maple Grove Baby Farms
MLS Listing ID 202625540
Year Built 1966
Annual Tax Amount $11,134
Tax Year 2026
Lot Size 1.070 Acres
Property Sub-Type Other/Unknown
Property Description
Investment opportunity on Bloomington's west side! Situated on 1.07 acres at the end of a dead-end street, this property consists of three duplex buildings offering a total of six 3-bedroom, 1-bath units, each with a one-car carport. Four units are currently vacant, providing an excellent opportunity for an investor to lease at current market rents, while two units are occupied with month-to-month tenants. There may be potential for an additional buildable lot, possibly allowing for one more dwelling unit, adding even more value and future income potential. Buyer to verify the potential for additional development, and all zoning and building requirements. Conveniently located just off West 3rd Street near I-69, this property offers easy access to west side shopping, restaurants, major employers, and Indiana University. The combination of immediate upside potential, strong rental demand, a potential additional building site, and a desirable location makes this a rare opportunity for investors seeking value-add potential. If all six units are leased at current market rental rates, the projected gross annual income is estimated to be between $90,000 and $93,600. Please review the photos for additional views of the buildings, grounds, and interior of the units.
Location
State IN
County Monroe County
Area Monroe County
Direction Take west 3rd Street, right on Yancy Lane before I-69, the 3 Duplexes are at the end of the street.
Interior
Flooring Laminate, Tile
Appliance Building, Land, Lease
Laundry , 10
Exterior
Roof Type Shingle
Total Parking Spaces 10
Building
Story 1
New Construction No
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.