425 N Walnut Street, Bloomington, IN 47404

Bloomington
Local realty services provided by:Better Homes and Gardens Real Estate Connections
425 N Walnut Street,Bloomington, IN 47404
$1,099,000
Virtual Tour
  • 7 Beds
  • 4 Baths
  • 3,614 sq. ft.
  • Multi-family
  • Active
Listed by: jeff brawleyOffice: 844-254-7368
Office: brawley real estate
MLS#:202439246
Source:Indiana Regional MLS

Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$266.88

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:575 day(s) ago
  • Updated:May 08, 2026 at 02:56 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Wood
  • Kitchen Description:Eat-In Kitchen
  • Basement Description:Crawl, Partial Basement
  • Living area:3,614 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1969
  • Building area:3,614 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Level
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Bloomington North
  • Middle school:Tri-North
  • Elementary school:University

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$266.88
  • Tax amount:$2,675

Features and amenities

  • Amenities:Detector-Smoke
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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