714 N Fairview Street, Bloomington, IN 47404

• 5 beds |
• 2 baths |
• 3,620 sqft

Property Description

Exceptional Investment Opportunity – Two Homes, One Lot! Measurements and room counts are for both homes. Rare opportunity to own two income-producing homes for the price of one! 614 W 12th Street and 714 N Fairview are adjacent properties situated on a single city lot at the corner of 12th and Fairview—just minutes from downtown Bloomington, Indiana University, and local shopping and dining. Each home carries a valid HAND occupancy permit allowing up to three unrelated adults (614 W 12th valid through March 2, 2026, and 714 N Fairview valid through June 21, 2026), offering strong rental potential. 614 W 12th Street: Two spacious bedrooms, one full bath, and an unfinished basement. Currently under-rented to long-term tenants at $550/month, leaving room for significant upside. 714 N Fairview: Three bedrooms, one full bath, and an unfinished basement. Currently rented for $800/month. With dependable tenants in place, solid rental potential, and potential for increased cash flow, this property represents an excellent opportunity for investors seeking steady income, future appreciation, or the flexibility to live in one home while renting the other.

Listing Status:

Active

Date Added:

October 8, 2025 at 05:00AM

Listing Office:

RE/MAX Acclaimed Properties : 812-332-3001

Listing Agent:

Alice Chastain : 812-322-6256

MLS ID:

202540732

Interior

• Basement: Full BasementUnfinished
• A/C: Other
• Heating: Gas

Exterior

• General: Other
• Style: BungalowOne Story

Construction

• Roofing: Asphalt

Location

• School District: Monroe County Community School Corp.

Lot

• Zoning: MAPLE HEIGHTS LOT 953-05-32-113-024.000-005

Utilities

• Water: City
• Sewer: City

This listing courtesy of Alice Chastain, RE/MAX Acclaimed Properties