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$305,000
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Property Description
Excellent opportunity to own a well-maintained and fully rented 4 Unit income-producing property located close to ISU, IWU, and the Constitution Trail. This property features two 2-bedroom units and two 1-bedroom units, offering a great rental mix for both students and professionals. Updates include: In 2025 - exterior of home painted & new furnaces in 2 units plus 2 bathrooms updated. In 2022 - Water heater replaced. In 2021 - 4 new windows. In 2016 - roof replacement. A well-cared-for property in a convenient central location, offering consistent occupancy, strong rental income, and excellent long-term value. Perfect for investors looking for a stable addition to their portfolio!
Full Property Details
Full Property Details for 905 Elder St
General
- Sold For: $305,000
- Taxes: $3,990 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12503439
- Added to Site: 175 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service, Commuter Bus
Parking
- Total Spaces: 4
- Parking Features: Unassigned, Yes, Owned
Location
- Area: Bloomington
- County: McLean
- Subdivision: Not Applicable
- Driving Directions: East of Clinton Blvd on Walnut and South on Elder to home
School Information
- School District: 87
- Midd School District: 87
- Elementary School: Bent Elementary School
- Middle School: Bloomington Jr High School
- High School: Bloomington High School
- Private School: Bloomington High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: Unfinished, Full
- Foundation: Brick/Mortar
- Roof: Asphalt
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 55 x 148
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1915
- Tax Amount: $3,990.9
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2104231004
Listed by Keller Williams Revolution
Sold by RE/MAX Rising
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Schools
Schools serving 905 Elder St
School District:Bloomington School District 87
| Name | Grades | Distance |
|---|---|---|
Bent Elementary School 904 North Roosevelt Avenue, Bloomington, IL 61701 | K-5 | 0.8 mi |
Bloomington Jr High School 901 Colton Avenue, Bloomington, IL 61701 | 6-8 | 0.4 mi |
Bloomington High School 1202 East Locust Street, Bloomington, IL 61701 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 905 Elder St
Date
Details
Price
Change
Source
12/23/2025
Sold
$305,000
2.01%
MLS
10/30/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
905 Elder Street, Bloomington, IL 61701 (MLS# 12503439) is a Multi-Family property that was sold at $305,000 on December 23, 2025. Want to learn more about 905 Elder Street? Do you have questions about finding other Multi-Family real estate for sale in Bloomington? You can browse all Bloomington real estate or contact a Coldwell Banker agent to request more information.
