Additional Details

Property Details

Lot Dimensions:

158' X 175'

Directions:

From Rogers St, Turn Right At 2101 S. Rogers St. Property Is Located At The End Of The Drive.

Schools

High School:

Bloomington South

Middle School:

Batchelor

Elementary School:

Templeton

Tax and Financial Info

Semi-Annual Property Tax:

$802.5

Tax Year:

2025

Quick View

Address:

2101 S Rogers Street Bloomington IN 47403

Status:

Active

On Site:

148 Days On Site

Price:

$235, 000

Lot Size:

0.68

County:

Monroe County

Township:

Perry

MLS #:

202603397

Property Type:

Residential Land

Community Information

City:

Bloomington

Subdivision:

None

Zip Code:

47403

Description

Development-ready 0.68-acre RM-zoned multifamily site supporting 12–15 two- and three-bedroom apartments or condominiums. Located in a Qualified Opportunity Zone steps from Bloomington’s premier 65-acre Switchyard Park and the B-Line Trail in one of the city’s fastest-growing residential corridors. Significant pre-development work complete: soil samples on file and site plans for multi-unit development previously prepared. Buyer saves months of planning and thousands in due diligence costs. Bloomington’s UDO supports medium-scale multifamily development in the RM district with building heights up to 3 stories. A completed 12–15 unit project at this location could generate $172,000–$270,000 in annual gross rental income, or $2.4M–$4.1M in total condo sales revenue. Bloomington’s rental market, driven by Indiana University, maintains among the lowest vacancy rates in the state. Opportunity Zone investors can defer existing capital gains, receive a basis step-up on deferred gains, and pay zero capital gains tax on project appreciation when held for 10+ years. Seller financing available to qualified buyers. Ideal for developers and OZ investors seeking an entitled, de-risked site in a proven rental market. Adjacent 5.5-acre property is also separately available, creating a potential 6+ acre combined development site for 60+ units. Site plans for the combined parcels have been previously prepared.

Source: IRMLS as distributed by MLS GRID, MLS ID: 202603397

Listing provided courtesy of Laura Stevens 812-961-8000 with The Indiana Team LLC

Last Updated: 4/17/2026 | 12:13 AM

Home Details

Status: Active

Price: $235,000

Address: 2101 S Rogers Street, Bloomington, IN 47403

Bedrooms:

Bathrooms: 0

Square Feet:

148 days on Site

• Property Type: Lots and land
• 148 days on Site
• 0.68 Lot Size