This 12-unit multifamily property in a prime Bloomington location offers on-site laundry, off-street parking, and easy access to downtown, Indiana University, and the B-Line Trail. With a market rent of $11,565.00 per month, it ensures stable occupancy and strong rental performance, making it a solid investment in a high-demand area.
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.
Investment Opportunity! 3 Units near busy I-69 and West 3rd St. All Units recently remodeled. Unit 317 with 2 bedrooms and 1 bath is currently leased until November 1, 2024 Unit 311 with 4 bedrooms and 2 baths is available for lease Unit 321 with 2 bedrooms and 1 bath is available for lease
Single Family House adjacent to J & S Locksmith. Vacant Lot between house and J & S Locksmith goes with house. J & S Locksmith has an easement.
Also listed separately as MLS 202415188 Solid home near IU and downtown with strong rental history. Major systems and interior has been updated and maintained. Valid HAND permits on file for 3 unrelated adults. Presently, unoccupied
Solid 3/2 rental with a 2 car garage on Bloomington's near west side. Everything was updated in 2022. It is .1 miles to the B-line, .2 miles to the bus stop, and 1.3 mile to downtown. 3 person HAND permit, expires 2026. Last leased for $1887/mo.
The median home value in Bloomington, IN is $293,800. This is higher than the county median home value of $274,300. The national median home value is $338,100. The average price of homes sold in Bloomington, IN is $293,800. Approximately 31.54% of Bloomington homes are owned, compared to 58.65% rented, while 9.81% are vacant. Bloomington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bloomington real estate agent to arrange a tour today!
Bloomington, Indiana 47404 has a population of 80,064. Bloomington 47404 is less family-centric than the surrounding county with 21.02% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Bloomington, Indiana 47404 is $41,995. The median household income for the surrounding county is $54,096 compared to the national median of $69,021. The median age of people living in Bloomington 47404 is 24 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 47.7 inches per year, with 17.2 inches of snow per year.