I'm not sure what years you can use an old cast iron bell-housing on,I think 1972 was the last year GM used the ones that also had cast in mounting pads,a carry over from the late 50's when the engines were mounted with angle brackets attached to the block next to the timing cover ,and used those two bell housing pads as rear mounts for support for both the engine and transmission...(most trucks back in the 50's had no transmission cross member )..
My '72 K5 I had,came with a Th350 that refused to go in forward gears until it was "warmed up" and left in drive or first for several minutes--I eventually tired of this and almost got fired thanks to it making me late for work often,so I decided to buy and swap in a SM465 setup..the bell housing I got from another '72 was the cast iron one,that had the starter nose that bolted to the bell housing,instead of the block,so I had to buy the starter also..
Since my K5 originally had an automatic,the starter used to bolt to the block..I had no issues installing that cast iron bell housing,or the starter,and it worked fine--I see no reason why it wouldn't also work on any '73-87 truck..the only thing that may pose a problem is I think some later years of SM465's had a larger input bearing housing,and are too large to fit in the cast iron bell housing,but I'm not 100% certain of that,its just what I've read online..you could probably have it hogged out to fit if its too small..