$1,250,000
For Sale

425 N Walnut Street

Bloomington, IN 47404
4118 sqft | 7 beds | 4 baths | #202439246
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • Bedrooms7
      • Bathrooms4
  • Property Details
      • Square Feet4118
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1969
  • Community and Neighborhood Details
      • CountyMonroe County
  • Other
      • MLS #202439246

Location

Legal

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Last Updated: . Source: IRMLS

Listing Courtesy
Listing Agent: 10641, Phone: (812) 336-6888, Email: jeff.brawley@homefinder.org
Listing Office: Brawley Real Estate

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.