331 S Grant St, Bloomington, IN 47401
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Property image
FOR SALE
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$659,900

  • 4 Beds
  • 6 Baths
  • 3,326 sqft

331 S Grant St, Bloomington, IN 47401

Elm Heights
Est. Mortgage $3,881/mo*
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Home Highlights

Multi-Family
Built in 1920
6 Parking Spaces

Local Information

  • Map ViewExplore the area around 331 S Grant St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington’s thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you’re looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington’s most desirable locations. Property is being sold "AS IS".
Last check for updates: about 2 hours ago
Listing courtesy of Andy Walker, (812) 325-1290
RE/MAX Acclaimed Properties
Source: IRMLS, MLS#202618079
Also Listed on IRMLS.

Home Details for 331 S Grant St

Active Status

MLS Status: Active Under Contract

Interior Features

Interior Details
Basement: Partial,Block
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 3326 Square Feet
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central Air,Window Unit(s),Multi UnitsHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Duke Energy IndianaGas: CenterPoint Energy
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Mixed
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Laminate, Mixed

Exterior Features

Exterior Home Features
Patio / Porch: Deck Covered, Porch CoveredOther Structures: OutbuildingFoundation: Basement
Parking & Garage
Parking Spaces: 6Parking: Off Street Parking
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 3326 Square Feet

Days on Market

Days on Market: 119

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum Siding, Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: Building, Land, LeaseParcel Number: 530804203029.000009

Price & Status

Price
List Price: $659,900

Media

Location

Direction & Address
City: BloomingtonCommunity: Southeast Bloomington City
School Information
Elementary School: Rogers/BinfordElementary School District: Monroe County Community School Corp.Jr High / Middle School: Jackson CreekJr High / Middle School District: Monroe County Community School Corp.High School: Bloomington SouthHigh School District: Monroe County Community School Corp.

Agent Information

Listing Agent
Listing ID: 202618079

Building

Building Area
Building Area: 3961 Square Feet

Lot Information

Lot Area: 9726.948 sqft

Business

Expense
Tenant Pays: Cable TV

Rental Terms, Policies & Fees

Owner Pays: Insurance, Electricity, Heating, Grounds Care, Sewer, Snow Removal, Trash Collection, Water

Miscellaneous

BasementMls Number: 202618079Attribution Contact: Cell: 812-325-1290Above Grade Unfinished Area: 3326

Around this home

Neighborhood Overview

Elm Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Elm Heights

At least 14 Trulia users voted on each feature.

  • 100 % Say there are sidewalks

  • 95 % Say it's dog friendly

  • 74 % Say there's wildlife

  • 74 % Say it's walkable to grocery stores

  • 71 % Say it's walkable to restaurants

  • 68 % Say car is needed

  • 60 % Say parking is easy

  • 59 % Say neighbors are friendly

  • 56 % Say people would walk alone at night

  • 55 % Say yards are well-kept

  • 48 % Say there's holiday spirit

  • 45 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 41 % Say there are community events

  • 36 % Say streets are well-lit

  • 36 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Neighbors help each other . We have block parties and look at for kids playing. One block from city park, tennis,pool,etc "
    1
    Flag
  • Jasonbcheek
    "Very dog friendly and inhabited Plenty of sidewalks, decent people, a park and other dog owners. This neighborhood has a great mix of renters and owners who also have pets."
    3
    Flag

Market trends in Bloomington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$322K
$3.33KMoM
Sale-to-List Price
—
Price per sq ft
$188
$5MoM
Available listings
699
53MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
717 S Henderson St, Bloomington, IN
0.30
Multi-Family Home
$745,000
07/16/26
6
6
3,114
407 N Dunn St, Bloomington, IN
0.44
Multi-Family Home
$900,000
03/16/26
5
4
2,264
431 E 10th St, Bloomington, IN
0.58
Multi-Family Home
$1,100,000
07/21/26
5
3.5
2,376
422 E Cottage Grove Ave, Bloomington, IN
0.61
Multi-Family Home
$1,025,000
02/25/26
7
5
2,824
203 E 10th St, Bloomington, IN
0.59
Multi-Family Home
$1,275,000
02/13/26
11
6
3,565
312 E 8th St, Bloomington, IN
0.40
Multi-Family Home
$725,000
03/16/26
5
4
1,918
411 E 8th St #rhnrhgugr, Bloomington, IN
0.43
Multi-Family Home
$1,184,000
01/27/26
24
8
5,888
416 N Lincoln St, Bloomington, IN
0.46
Multi-Family Home
$1,450,000
09/09/26
13
9
5,717
1114 & 1116 N Woodburn Ave, Bloomington, IN
1.00
Multi-Family Home
$640,000
08/17/26
6
6
2,398
1118 & 1120 N Woodburn Ave, Bloomington, IN
1.00
Multi-Family Home
$675,000
08/05/26
6
6
2,398

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
317 E Smith Ave, Bloomington, IN 47401
0.06
$249,100
3
2
1,114
Off Market
416 E 4th St #5, Bloomington, IN 47408
0.13
$2,170,500
16
10.5
6,350
Off Market
412 S Lincoln St, Bloomington, IN 47401
0.14
$594,000
5
3
2,492
For Sale
W Reeves Rd, Bloomington, IN 47404
0.21
$2,239,900
-
-
-
For Sale
4975 E 46th, Bloomington, IN 47401
0.21
$379,900
3
3
1,870
For Sale
521 S Grant St, Bloomington, IN 47401
0.21
$599,000
6
2
3,616
For Sale
115 E Kirkwood Ave #306, Bloomington, IN 47408
0.28
$1,294,373
3
2
2,048
For Sale
115 E Kirkwood Ave #304, Bloomington, IN 47408
0.28
$950,098
2
2
1,624
For Sale
115 E Kirkwood Ave #204, Bloomington, IN 47408
0.28
$1,469,050
3
3
2,793
For Sale
115 E Kirkwood Ave #206, Bloomington, IN 47408
0.28
$1,194,373
3
2
2,048
For Sale
115 E Kirkwood Ave #303, Bloomington, IN 47408
0.28
$1,481,708
4
2.5
2,435
For Sale

Price and Tax history

DateEventPrice
May 13, 2026
Source: IRMLS #202618079
Listed For Sale
$659,900
Dec 13, 2024
Source: IRMLS #202443462
ListingRemoved
$675,000
Nov 8, 2024
Source: IRMLS #202443462
Listed For Sale
$675,000
Feb 16, 2024
Source: IRMLS #202339282
ListingRemoved
$699,900
Oct 25, 2023
Source: IRMLS #202339282
Listed For Sale
$699,900

LGBTQ Local Legal Protections

Andy Walker, RE/MAX Acclaimed Properties
Agent Phone: (812) 325-1290
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 331 S Grant St

  • What is the estimated monthly payment for 331 S Grant St?
    Based on a $659,900 list price with 20% down at today's rates, the estimated monthly payment for 331 S Grant St in Bloomington, IN is approximately $4,013 (about $3,542 principal & interest, $396 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 331 S Grant St compare to homes in Bloomington?
    331 S Grant St in Bloomington, IN is listed at $659,900, about 105% above the $322K median sale price in Bloomington.
  • What do residents say about the Elm Heights neighborhood?
    Residents describe the Elm Heights neighborhood in Bloomington, IN as pedestrian-friendly, dog-friendly, and walkable to grocery stores. See homes for sale in Elm Heights, Bloomington.
  • What are the closest schools to 331 S Grant St?
    The closest schools to 331 S Grant St in Bloomington, IN are Binford Elementary School (Pre-K, rated 8/10), Bloomington High School South (rated 10/10), Jackson Creek Middle School (rated 8/10).
  • Does 331 S Grant St have air conditioning?
    Yes, 331 S Grant St in Bloomington, IN has air conditioning.
  • Does 331 S Grant St have parking?
    Yes, 331 S Grant St in Bloomington, IN has on-site parking.
331 S Grant St, Bloomington, IN 47401 is a 4 bedroom, 6 bathroom, 3,326 sqft multi-family built in 1920. 331 S Grant St is located in Elm Heights, Bloomington. This property is currently available for sale and was listed by IRMLS on May 13, 2026. The MLS # for this home is MLS# 202618079.