425 N Walnut Street, Bloomington, IN 47404
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:jeff brawleyOffice: 812-336-6888
Office:brawley real estate
MLS#:202439246
Source:Indiana Regional MLS
Price summary
- Price:$1,125,000
- Price per sq. ft.:$273.19
About this home
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.
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Home facts
- Year built:1969
- Listing Id #:202439246
- Added:308 day(s) ago
- Updated:August 14, 2025 at 03:03 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,614 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:1969
- Building area:3,614 sq. ft.
- Lot area:0.1 Acres
Schools
- High school:Bloomington North
- Middle school:Tri-North
- Elementary school:University
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$1,125,000
- Price per sq. ft.:$273.19
- Tax amount:$2,675
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