$1,250,000
425 N Walnut Street
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.
On N Walnut just before 9th Street
Map to 425 N Walnut Street, Bloomington, IN 47404
MLS #
202439246
Date Listed
2024-10-09
Status
Active
Property Type
Investment
Property SubType
Other
Finished Square Feet
3614 sqft
Total Square Feet
4118 sqft
New Construction
No
Style
Two Story
Type
Other
Basement
Yes
Bedrooms
7
Bathrooms
4
Annual Taxes
$2,675.00
Year Taxes Payable
2024
Year Built
1969
Virtual Tour
propertypanorama.com »
Days on Market
43
Room Dimensions
Living Room
2 × 1
Level
2nd Bedroom
15 ×
Level
5th Bedroom
3 × 3
Level
Recreation Room
3 × 3
Level
Loft
3 × 1
Level
Extra Room
1 × 1
Level
Bathroom Locations
Full Baths
7 Main
External Features
Construction
Other
Lot Size
4,356 sq ft
Acreage
0.10 Acres
Lot Dimensions
irregular
Fence
None
Location
Area
Monroe County
County
Monroe
Subdivision
Northeast Bloomington City
Township
Bloomington
City
Bloomington
State
IN
Zip
47404
Schools
School District
Monroe County Community School Corp.
Elementary
University
Middle School
Tri-North
High School
Bloomington North
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202439246 |
|---|---|
| Date Listed | 2024-10-09 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Finished Square Feet | 3614 sqft |
| Total Square Feet | 4118 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Other |
| Basement | Yes |
| Bedrooms | 7 |
| Bathrooms | 4 |
| Annual Taxes | $2,675.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1969 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 43 |
| Living Room | 2 × 1 | Level |
| 2nd Bedroom | 15 × | Level |
| 5th Bedroom | 3 × 3 | Level |
| Recreation Room | 3 × 3 | Level |
| Loft | 3 × 1 | Level |
| Extra Room | 1 × 1 | Level |
| Full Baths | 7 Main |
| Construction | Other |
|---|---|
| Lot Size | 4,356 sq ft |
| Acreage | 0.10 Acres |
| Lot Dimensions | irregular |
| Fence | None |
| Area | Monroe County |
|---|---|
| County | Monroe |
| Subdivision | Northeast Bloomington City |
| Township | Bloomington |
| City | Bloomington |
| State | IN |
| Zip | 47404 |
| School District | Monroe County Community School Corp. |
|---|---|
| Elementary | University |
| Middle School | Tri-North |
| High School | Bloomington North |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202439246
IDX information provided by the Indiana Regional MLS.
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.
Listing Provided Courtesy of Jeff Brawley
Brawley Real Estate
Office: 812-336-6888
Listing updated October 15, 2024 at 11:00 am
Last checked 13 minutes ago
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