425 N Walnut Street, Bloomington, IN 47404-3895

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

$ 1,250,000

Est. payment -/mo

Save Virtual Tour

Active

425 N Walnut Street Bloomington, IN 47404-3895

7 Beds

4 Baths

3,614 SqFt

UPDATED:

10/15/2024 02:47 PM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,614 sqft

Subdivision Northeast Bloomington City

MLS Listing ID 202439246

Style Two Story

Bedrooms 7

Full Baths 4

Abv Grd Liv Area 3,614

Total Fin. Sqft 3614

Year Built 1969

Annual Tax Amount $2,675

Tax Year 2024

Lot Size 4,356 Sqft

Property 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.

Location

State IN

County Monroe County

Area Monroe County

Direction On N Walnut just before 9th Street

Rooms

Dining Room 0

Interior

Flooring Wood

Appliance Building

Laundry , 0

Exterior

Amenities Available Detector-Smoke, Eat-In Kitchen

Waterfront No

Building

Lot Description Level

Story 2

Structure Type Vinyl

New Construction No

Schools

Elementary Schools University

Middle Schools Tri-North

High Schools Bloomington North

School District Monroe County Community School Corp.

IDX information provided by the Indiana Regional MLS

Listed by Jeff Brawley • Brawley Real Estate • Office: 812-336-6888

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

GET MORE INFORMATION

QUICK SEARCH

Dawn Evans

Dawn Evans

425 N Walnut Street Bloomington, IN 47404-3895

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

GET MORE INFORMATION

Go tour this home

425 N Walnut Street