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… Read More 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 until July1, 2026 leaving room for significant upside. 714 N Fairview: Three bedrooms, one full bath, and an unfinished basement. Currently rented for $800/month until July 15, 2026. 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. Read Less
Courtesy of Alice Chastain, RE/MAX Acclaimed Properties Cell: 812-322-6256
Listing Snapshot
Days Online
160
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
3,620
Lot Size
0.22 Acres
Year Built
1899
MLS Number
202540730
30 Days Snapshot Of 47404
$514k
+46%
(avg) sold price
18
+28%
homes sold
52
-33%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Access: City, Road Surface: Asphalt
Amenities
Near Walking Trail, Porch Covered
Basement
Yes, Block, Full Basement, Unfinished
Building
Above Grade Finished SqFt: 2,082, Age: 127, Below Grade Unfin. SqFt: 1,538, Main Level SqFt: 1,718, Style: One Story, Total Below Grade SqFt: 1,538, Total Finished SqFt: 2,082, Total SqFt: 3,620, Upper Level SqFt: 364, Built in 1899, Bungalow
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