$1,099,000

425 N Walnut Street, Bloomington, IN 47404

  • 7 beds |
  • 4 baths |
  • 4,118 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $267/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
October 9, 2024 at 05:00AM
Listing Office:
Brawley Real Estate : 844-254-7368
Listing Agent:
Jeff Brawley : 812-327-5331
MLS ID:
202439246
  • Basement: CrawlPartial Basement
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Forced Air
  • General: Vinyl
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 0
  • School District: Monroe County Community School Corp.
  • Zoning: ORIGINAL PLAT PT OUTLOT3553-05-33-300-058.000-005

This listing courtesy of Jeff Brawley, Brawley Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fairview Elementary School

627 W 8th St, Bloomington, IN, 47404

Grades PK-6

0.32 miles away

T

Tri-North Middle School

1000 W 15th St, Bloomington, IN, 47404

Grades 7-8

0.72 miles away

T

The Academy of Science & Entrepreneurship

444 S Patterson Dr, Bloomington, IN, 47403

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.