Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.
Active
$3,995,000
1201 W Allen St, Bloomington, IN 47403
40beds
23,310sqft
Est.:
Apartment Complex
Built in 1985
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Common area laundry facilityRanch-style buildingsModern comforts and styleRenovated similarly in finishes
- 20 days
- on Zillow |
- 664 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: April 06, 2025 at 03:51pm
Listed by:
Audra Cannon Cell:765-431-9111,
CRM Properties, Inc
Source: IRMLS,MLS#: 202511570

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 40
- Full bathrooms: 40
Heating
- Electric, Baseboard, Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Open Floorplan
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 23,310
- Total interior livable area: 23,310 sqft
- Finished area above ground: 23,310
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 40
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 2.66 Acres
- Dimensions: 460x260
- Features: 0-2.9999, Landscaped
Details
- Additional structures: None
- Parcel number: 530805300004.000009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Materials
- Stone
- Foundation: Slab
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Annual tax amount: $40,922
- Date on market: 4/6/2025
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 390168
- Tenant pays: Electricity
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