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  • $312,500

    1337-1339 S Hickory Grove Ln, Bloomington, IN 47403

    6beds
    2,290sqft
    Duplex
    Built in 1991
    -- sqft lot
    $312,500 Zestimate®
    $--/sqft
    $-- Estimated rent

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    $1,798/mo

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    $1,798/mo

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    What's special

    Turn-key duplex with excellent rental potential. Each unit offers three bedrooms, two full baths, and a rare primary ensuite. Unit 1337 has been recently updated and is ready to lease at $1,750/month. Unit 1339 has had the same tenants for 11 years and is significantly under market at $1,000/month, with a market rate closer to $1,500 once the current lease is up (July 2026). A brand-new air conditioner will be installed in Unit 1339 the week of 8/18. Tenants pay all utilities except trash, keeping expenses low. Located in a quiet neighborhood with easy access to westside amenities and I-69, this well-maintained property provides strong current income with clear value-add potential through rent increases. This property is also ideal for house-hacking (live in one side, rent the other).

    Zillow last checked: 8 hours ago

    Listing updated: October 03, 2025 at 08:59am

    Listed by:

    Micah Heath micah.heath@kw.com,

    Keller Williams - Indy Metro South LLC

    Bought with:

    Micah Heath, RB23001214

    Keller Williams - Indy Metro South LLC

    Source: IRMLS,MLS#: 202532842MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Laminate
    • Basement: None
    Interior area
    • Total structure area: 2,290
    • Total interior livable area: 2,290 sqft
    • Finished area above ground: 2,290
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street Parking
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    Lot
    • Size: 0.28 Acres
    • Dimensions: 140 x 65
    • Features: Cul-De-Sac
    Details
    • Additional structures: None
    • Parcel number: 530901301012.000015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Bloomington
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 0
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    $312,500
    2% more+$6,250
    With Zillow Showcase(estimated)$318,750