$275,000

1015 W Gourley Pike, Bloomington, IN 47404

  • 1 bed |
  • 1 bath |
  • 1,600 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Location! Location! Location! This exceptional 0.78-acre lot presents a prime opportunity for development or investment, strategically zoned for "Mixed Use" with a code of three family residential. The property currently features three existing dwellings, offering immediate rental income potential from one of them or a foundation for future renovations from your vision for the property. Its highly desirable location is a significant asset, situated just minutes from the bustling campus of Indiana University, ensuring a consistent demand for housing and commercial services. Furthermore, the property benefits from excellent visibility and accessibility, with a major highway clearly in sight, facilitating easy commutes and attracting commercial interest. This prominent location provides a distinct advantage for businesses seeking high traffic exposure and convenient access. The "Mixed Use" zoning designation offers a broad spectrum of possibilities, allowing for a combination of residential and commercial, subject to local regulations. A great piece of property for someone with a great vision! All measurements are approximate for only the dwelling at 2010 N Monroe St.

Listing Status:
Active
Date Added:
November 3, 2025 at 06:00AM
Listing Office:
Carpenter, REALTORS-Bloomington : 812-330-9375
Listing Agent:
Carrie Parrish : 812-585-4792
MLS ID:
202544581
  • Basement: Other
  • A/C: Other
  • Heating: Electric
  • General: Other
  • Style: Detached
  • School District: Monroe County Community School Corp.
  • Zoning: 013.-17765-00 Arlington Place BLK 6 PT Lot 3 Annexed53-05-29-403-001.000-005
  • Water: Public
  • Sewer: Public

This listing courtesy of Carrie Parrish, Carpenter, REALTORS-Bloomington

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Arlington Heights Elementary School

700 W Parrish Rd, Bloomington, IN, 47404

Grades PK-6

0.24 miles away

T

Tri-North Middle School

1000 W 15th St, Bloomington, IN, 47404

Grades 7-8

0.65 miles away

H

Hoosier Hills Career Center

3070 N Prow Rd, Bloomington, IN, 47404

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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