425 N Walnut Street, Bloomington IN 47404

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$1,150,000

425 N Walnut Street, Bloomington, IN 47404

bedrooms

bathrooms

square feet

3,614

Acreage

0.1

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	Northeast Bloomington City
County	Monroe County
Elementary School	University
Middle School	Tri-North
High School	Bloomington North

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Open houses

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MLS number: 202439246

Listing agent: Jeff Brawley #RB14041028

Listing broker: Owens Realty Group (812) 336-6888

Last update: Monday, December 16 2024 at 8:11 p.m. EST

Kotohomes National