425 N Walnut Street
Bloomington, IN 47404
4118 sqft | 7 beds | 4 baths | #202439246
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.
Property Details
- CountyMonroe County
- Price Per Sqft$1,032,600
- MLS #202439246
- MLS #202439246
- Property TypePurchase
- Cost1150000
- Property SubtypeOther
- Square Feet4118
- Year Built1969
- Bedrooms7
- Bathrooms4
Location
Legal
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Last Updated: . Source: IRMLS
Listing Courtesy
Listing Agent: 10641, Phone: (812) 336-6888, Email: jeff.brawley@homefinder.org
Listing Office: Brawley Real Estate
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
