311 Muller PkwyBloomington, IN 47403

Property Details for 311 Muller Pkwy

Property size (Sq ft)

2,624 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a three-unit multifamily property located at 311 S Muller Pkwy, Bloomington, IN 47403. The portfolio comprises three single-family homes totaling 2,624 square feet, situated on a convenient west-side location with easy access to I-69. The property offers a compelling price point of $495,000, translating to $188.64 per square foot and $165,000 per unit. Each unit is currently leased, generating strong rental income. One unit, located at 311 S Muller Pkwy, is a four-bedroom, two-bathroom home with a basement, commanding a monthly rent of $2,850. The remaining two units, situated at 317 and 321 S Muller Pkwy, are each two-bedroom, one-bathroom homes, each leased for $1,350 per month. Ample tenant parking is available, with eight spots provided. This turnkey investment is ideal for those seeking a stable, high-yield rental portfolio in a desirable Bloomington location. The property is a one-story building, offering ease of maintenance and management. This is a net lease investment, providing a straightforward and potentially lucrative opportunity. The property's strong rental income and prime location make it a highly attractive investment prospect.

Location Insight

City

Bloomington

County

Monroe

State

Indiana

Latitude

39.1641

Longitude

-86.5632

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].