425 N Walnut Street
$1,250,000
Description
425 N Walnut Street,
Bloomington,
IN
47404
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.
This is an Active listing.
Broker Office Phone Number: 812-336-6888
Copyright © 2024Bloomington MLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Dishwasher
- Garbage Disposal
- Wood Floors
- Dryer Included
- Washer / Dryer
Listing By: Brawley Real Estate via Data Source: Bloomington MLS, Inc.
Multi Family
Property type
University
Schools
University
Elementary
Tri-North
Middle
Bloomington North
High
Price History
| date | price | variance | type |
|---|
| 10/9/2024 | $1,250,000 | - | Listed |
listing agent: Jeff Brawley
