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).
Closed
$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
Owner options
What's special
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#: 202532842
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