425 North Walnut Street
$1,250,000
7
4
3,614
3,614
$346
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...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.
- Listed by Jeff Brawley • Brawley Real Estate
Property Details for 425 North Walnut Street
Style
Two Story
SubdivisionNortheast Bloomington City
WaterfrontNo
Pet RestrictionsYes
LISTING UPDATED: 10/15/2024 02:47 PM
Property Details for 425 North Walnut Street
Status | Active |
---|---|
MLS # | 202439246 |
Days on Market | 27 |
Taxes | $21,907 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Other |
Year Built | 1969 |
Lot Size | 0.10 AC / 4,356 SF |
County | Monroe County |
Building Information for 425 North Walnut Street
Stories2Residences4Year Built1969Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 425 North Walnut Street
Property History for 425 North Walnut Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 425 North Walnut Street
Taxable ValueLand$108,000Additions$924,600Total$1,032,600
Tax Record2023$10,953 ($913 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,614 SqFtAbove Grade Finished SqFt3,614 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1969Year Renovated2009CountyMONROEAPN53-05-33-300-058.000-005
Schools near 425 North Walnut Street
This home is within Monroe County Com Sch Corp.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
University Elementary School PublicPK to 6 | ||
Tri-North Middle School Public7 to 8 | ||
Bloomington High School North Public9 to 12 | ||
The Academy of Science and Entrepreneurship Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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