About 775 - 777 N Smith Road
Solid All-Brick Fourplex with Strong Rental History – Prime Location in East side off of 10th St. Ideally located just 6 minutes from IU Kelley Business School and 5 minutes from the IU Academic Medical Research Center and new IU Regional Hospital. A campus bus stop is directly across the street, and an elementary school sits just East of the corner of Smith & 10th Street—making this a highly convenient and desirable rental location. Well-maintained all-brick fourplex offering stable income and significant recent upgrades. Improvements include a new HVAC system (2020), new stone landscaping (2023), and a fully remodeled and furnished Unit 2 (2023). Units 2, 3, and 4 feature new sliding doors. In 2025, both the interior and exterior sewer systems were completely updated for added peace of mind. Nuflow Plumbing Company provides a 5 year warranty (to 2030.) The property boasts an excellent rental history, with rental permit secured through 9/19/2028. Current leases provide strong occupancy: Units 1 & 2 leased through 7/31/2027, and Units 3 & 4 leased through 7/31/2026. Landlord currently covers water, sewer, trash, electricity, and gas.
Features of 775 - 777 N Smith Road
| MLS® # | 202604477 |
|---|---|
| Price | $469,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,430 |
| Acres | 0.40 |
| Year Built | 1960 |
| Type | Multifamily |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 775 - 777 N Smith Road |
|---|---|
| Subdivision | Northeast Bloomington City |
| City | Bloomington |
| County | Monroe County |
| State | IN |
| Zip Code | 47408 |
Amenities
| Amenities | None |
|---|---|
| Features | Ceiling Fan, Off Street Parking, Deck Open, Water Heater Gas, Sump Pump |
| Parking Spaces | 8 |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Mixed, Wood, Vinyl |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air |
| # of Stories | 1 |
| Stories | One Story |
| Has Basement | Yes |
| Basement | Finished, Outside Entrance Only |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Partially Wooded, Slope |
| Construction | No |
| Foundation | Block |
School Information
| District | Monroe County Community School Corp. |
|---|---|
| Elementary | University |
| Middle | Tri-North |
| High | Bloomington North |
Additional Information
| Days on Market | 211 |
|---|---|
| Zoning | RM - Residential Multifamily |
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Janet Jin |
|---|---|
| Office | RE/MAX Acclaimed Properties |
| Contact Info | Cell: 812-325-9093 |