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  • Price cut: $25K (2/26)
    $1,125,000

    425 N Walnut St, Bloomington, IN 47404

    7beds
    3,614sqft
    : 
    Multi Family
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    199 days
    on Zillow
    |
    468
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2025 at 11:18am

    Listed by:

    Jeff Brawley Office:812-336-6888,

    Brawley Real Estate

    Source: IRMLS,MLS#: 202439246MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 425 N Walnut St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Eat-in Kitchen
    • Flooring: Wood
    • Basement: Crawl Space,Partial,Block
    Interior area
    • Total structure area: 4,118
    • Total interior livable area: 3,614 sqft
    • Finished area above ground: 3,614
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,356 Square Feet
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 530533300058.000005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Northeast Bloomington City
    Location
    • Region: Bloomington

    Financial & listing details

    • Tax assessed value: $1,032,600
    • Annual tax amount: $21,906
    • Date on market: 10/9/2024
    • Inclusions: Building
    • Lease term: 12 Months
    • Total actual rent: 102000
    • Tenant pays: Electricity, Sewer, Water
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