425 N Walnut Street Bloomington, IN 47404-3895
Listing Courtesy of: INDIANA REGIONAL MLS, INC / Brawley Real Estate / Jeff Brawley - Contact:  Office: 812-336-6888

  425 N Walnut Street Bloomington, IN 47404-3895

Active (13 Days)
$1,250,000

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.

MLS #:
202439246
Taxes
$21,907(2024)
Lot Size
4,356 SQFT
Type
Multifamily
Year Built
1969
Style
Two Story
School District
Monroe County Community School Corp.
County
Monroe County
Community
Northeast Bloomington City

Listed By

Jeff Brawley, Brawley Real Estate, Contact: Office: 812-336-6888
Source
INDIANA REGIONAL MLS, INC
Last checked Oct 22 2024 at 2:02 PM GMT+0000
Bathroom Details
Subdivision
  • Northeast Bloomington City
Lot Information
  • Level
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Block
  • Partial Basement
  • Crawl
Flooring
  • Wood
Exterior Features
  • Vinyl
Utility Information
  • Utilities: City
  • Sewer: City
School Information
  • Elementary School: University
  • Middle School: Tri-North
  • High School: Bloomington North
Stories
  • 2
Living Area
  • 3,614 sqft
Additional Information: Brawley Real Estate | Office: 812-336-6888
Location
   
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Disclaimer: 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. © 2024 Indiana Regional MLS.. 10/22/24 07:02