USAINBloomingtonEastern Heights4501 + 4503 E Stephens Drive
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4501 + 4503 E Stephens Drive, Bloomington, IN

Real Estate

For Sale

Listed price in listed location currency (USD).
$259,000

227

MLS® 202615469

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1352 sqft
Garage Yes
HOA Fees 
Taxes $5,367
Days Active 1
Approx. Age 1962
Avg. Price Per Sqft $191
MLS® Number 202615469

Property Address: 4501 + 4503 E Stephens Drive, Bloomington, IN, 47408

Average square foot calculated using Size range provided by listing agent.

Description

Here is a rare opportunity to purchase a duplex in a sought-after neighborhood on Bloomington's Eastside, near to the IU Health hospital, Indiana University, IU sporting events, shopping, and restaurants. There is a HAND (Housing And Neighborhood Development) rental occupancy permit for six total occupants; the permit is good through July 10, 2029. Each side of the duplex features a spacious one bedroom floorplan of nearly 700 square feet per unit, with kitchen, living room, dining area, bedroom, bath, and storage. Unit 4501 has an attached one car garage. Many options are available for a new buyer/investor: Rent out one side and live in the other, Airbnb both units, or rent out both sides to long-term tenants. New roof and gutters were installed in 2025 and new garage door. The property is currently managed by Action Property Management. Action P.M. Takes care of mowing and trimming. Tenants pay all utilities and handle their own snow removal. Unit 4503 is on a month-to-month lease beginning June 1, 2026 and would consider renewing. NOTES: Washer, dryer, and microwave for each unit are excluded; they belong to the tenants. A minimum of 24 hours' notice is required for showings as the duplex has tenants in both sides.
MLS® Number202615469
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1962
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$259,000List Price
  • Commute

Commute

Starting Address
Destination Address
4501 + 4503 E Stephens Drive, Bloomington, IN

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