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425 N Walnut Street
Bloomington, IN 47404

$1,099,000 - Status: Active
SQFT: 3,614
MLS# 202439246

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.

Property Features

MLS#: 202439246
Zip: 47404
Subdivision: Northeast Bloomington City
Development: Bloomington
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Crawl, Partial Basement
Basement: Yes
Cooling: Central Air
Days on Site: 567
Heating: Forced Air
Home Style: Other
Lot Size: 0.10 acres
Stories: 2.0
Year Built: 1969

Feature Descriptions

Above Grade Finished SQFT: 3614
Amenities: Detector-Smoke, Eat-In Kitchen
Exterior: Vinyl
Lot Description: Level
Lot Dimensions: irregular
Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal
Sale Inclusions: Building
Sewer: City
Tenant Pays: Electric, Sewer, Water
Total Finished SQFT: 3614
Units: 4
Water: City

Local Schools

High School: Bloomington North
Middle School: Tri-North
Elementary School: University
School District: Monroe County Community School Corp.

425 N Walnut Street | MLS# 202439246

This multi-family property located at 425 N Walnut Street, Bloomington, IN 47404 is currently listed for sale with an asking price of $1,099,000. N Walnut Street is located within the Monroe County Community School Corp. school district. Search Bloomington real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Brawley Real Estate
Agency Contact: Office: 844-254-7368
Agent Name: Jeff Brawley

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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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

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