425 N Walnut Street

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Address: 425 N Walnut St, Bloomington, IN 47404, USA
Created date: October 9, 2024
Date last updated: May 16, 2025

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,125,000
No. of Units: 4
Lot Size: 3,614.00 Sq ft
Opportunity Zone: No
Price per unit: $281,250
Property Website Click Here
Number of Bedrooms: 7
Number of Bathrooms: 4
Address: 425 N Walnut Street, Bloomington, IN 47404-3895, USA
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