Properties

425 N Walnut Street, Bloomington, Indiana 47404-3895 MLS 202439246

0.10 acre - 425 N Walnut Street, Bloomington, Indiana 47404-3895

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Property Description

This exceptional multi-unit property offers an ideal investment in the thriving Bloomington rental market. Located in a prime area near downtown and Indiana University, 425 N Walnut Street consists of 4 units, combining for a total of 7 bedrooms, 4 bathrooms, and a bonus commercial space. The property is fully leased through July 2026, providing stable cash flow with current rental income of $8,500 per month through July 2025, increasing to $8,900 per month for the following lease term (August 2025 – July 2026). With a strong rental demand driven by proximity to IU and Bloomington’s downtown, this property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential.

Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : 202439246
Price : $1,250,000
Bedrooms : 7
Rooms : 0
Bathrooms : 4
Half Bathrooms : 0
Year Built : 1969
Lot Area (ACRES) : 0.10
Total Finished SqFt : 3,614
Address Map
Country : US
State : IN
City : Bloomington
Area : Monroe County
Subdivision : Northeast Bloomington City
Zipcode : 47404-3895
Street : Walnut
Street Number : 425
Postal Code : 3895
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Additional Details
Property SubType : Other
List Agent : 10641
Listing Office 1 : 9072
Status : Active
Pool Y/N : No
Style : Two story
School District : Monroe county community school c
Elementary : University
Middle School : Tri-north
High School : Bloomington north
Waterfront Y/N : No
New Construction : No
Lot Dimensions : irregular
# of Fireplaces : 0
Main Level SqFt : 0
Approx. Lot Size SqFt : 4,356
Total Baths : 4
Annual Taxes : $2,675
Association Dues $ : $0
Other Fees $ : $0
REO Y/N : No
Basement Y/N : Yes
Age : 55

Listing provided courtesy of: Brawley Real Estate, Jeff Brawley.

Investment For Sale
  • Listing ID : 202439246
  • Bedrooms : 7
  • Bathrooms : 4
  • Lot Area (ACRES) : 0.10 acre
  • Visits : 0 in 48 days
$1,250,000
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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