Indiana University Campus-Area Investment Property | 326 S Eagles

AUCTION – Rare opportunity to acquire an established investment property in an irreplaceable location at the edge of Indiana University.

Located at 326 S Eagleson Avenue in Bloomington, Indiana, this two-story property offers an exceptional combination of existing income potential, substantial living space and a highly sought-after location near the heart of the Indiana University campus community.

According to county records, the property was originally constructed in 1940 and offers approximately 2,831 square feet of finished living area across three levels, including approximately 1,003 square feet of finished basement space. The home features 10 bedrooms, 3 full bathrooms and 1 half bathroom, seven total finished rooms, a fireplace, central warm-air heating and air conditioning. The exterior includes brick and frame construction, two open porch areas and an approximately 400-square-foot concrete patio. The property sits on approximately 0.15 acres with paved street access, sidewalks and public utilities available.

Currently utilized as an income-producing property, 326 S Eagleson Avenue presents an opportunity for investors seeking established real estate in one of Bloomington's most desirable and difficult-to-replicate locations. Its size and proximity to Indiana University make it particularly well positioned for continued investment use, while the property's long-term potential may offer additional possibilities for buyers to explore, subject to applicable zoning and governmental approvals.

The property is located near the Jacobs School of Music, IU academic and medical facilities, Mother Bear's Pizza, restaurants, entertainment and the broader downtown Bloomington and campus communities. In a location where walkability and proximity matter, this property puts Indiana University and the energy surrounding campus just outside the door.

This property is one of seven investment properties located at the edge of Indiana University being offered as part of a generational real estate portfolio auction. These long-held properties are being brought to market together, creating a rare opportunity for investors, developers and buyers to acquire individually located assets within one of Bloomington's most dynamic real estate markets.

Online Bidding Opens: August 20, 2026
Live/Simulcast Auction: Thursday, August 27, 2026 at 1:00 PM ET
Live Auction Location: Bloomington Convention Center, Bloomington, Indiana

Whether you're looking to expand an existing rental portfolio, establish a presence near Indiana University or secure real estate for its long-term potential, 326 S Eagleson Avenue offers something that cannot be recreated: location.