703 South Washington Street

Bloomington, IN 47401

$239,900
Price
2
Beds
2
Baths
1,405 Sq. Ft.
$171 / Sq. Ft.
1,405
Sq. Ft.
$171
per Sq. Ft.

Description

This 2-unit legal duplex is a great opportunity for those wishing to live or invest near downtown. Just a few blocks from grocery, restaurants, Bryan Park, and the B-Line Trail, the home features two 1-bedroom, 1 bath apartments. The north unit is smaller would rent for $800+ a month. The south unit is larger and currently rents to great tenants at $1,000 a month. The utilities are not separately metered, but they can be in the future. Recent improvements include a new roof, some new fixtures, a...This 2-unit legal duplex is a great opportunity for those wishing to live or invest near downtown. Just a few blocks from grocery, restaurants, Bryan Park, and the B-Line Trail, the home features two 1-bedroom, 1 bath apartments. The north unit is smaller would rent for $800+ a month. The south unit is larger and currently rents to great tenants at $1,000 a month. The utilities are not separately metered, but they can be in the future. Recent improvements include a new roof, some new fixtures, a new mini-split system in the north unit, new LVP flooring in one kitchen, and more. Start building your investment portfolio now!
  1. Listed by Zakary Szymanski • Stellar Realty Group

Property Details for 703 South Washington Street

Style
One Story
Subdivision
Southeast Bloomington City
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 10/05/2024 12:42 PM

Property Details for 703 South Washington Street

StatusActive
MLS #202423857
Days on Market130
Taxes$4,778 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1925
Lot Size0.18 AC / 7,841 SF
CountyMonroe County

Building Information for 703 South Washington Street

Stories1Residences2Year Built1925Building Size-Lot Size0.18 AC / 7,841 SF

Property Information for 703 South Washington Street

Summary
Location and General Information
  • Area: Monroe County
  • City: Bloomington
  • Zip Code: 47401
  • State: IN
  • Township: Perry
  • Geo Latitude: 39
  • Geo Longitude: -87
  • Fips Code: 18105
  • Directions To Property: corner of Washington and Wylie
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 53-08-04-217-046.000-009
School Information
  • School District: Monroe County Community School Corp.
  • Elementary: Templeton
  • Middle School: Jackson Creek
  • High School: Bloomington South
Parking
  • Number Of Parking Spaces: 0
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.18
  • Lot Dimensions: 59x132
  • Below Grade Unfin Sqft: 314.0
  • Total Square Feet: 1719.0
  • Approx Lot Size Sqft: 7841.0
  • Above Grade Finished Sqft: 1405.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 314.0
  • Total Finished Sqft: 1405.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1925
  • Age: 99
  • Government Subsidized: No
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Near Walking Trail, Cable Ready
  • Exterior: Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 2
  • Number of Dryers: 1
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Wall AC
  • Flooring: Laminate, Wood
  • Heating/Fuel: Gas
  • Stories: 1
  • Number of Above Grade Bedrooms: 2
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 2
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 1
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 1
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $1,690.00
  • Annual Fuel Expense: $876.00
  • Annual Gross Rent $: $31,200
  • Annual Insurance Expense: $1,060
  • Annual Maint. Expense: $200
  • Annual Misc: $0
  • Annual Net Income: $21,444
  • Annual Property Tax: $4,778
  • Annual Trash Expense: $192
  • Annual Water/Sewer Exp: $960
  • Gross Monthly Income: $2,600
  • Gross Monthly Rent: $2,600
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Owner
  • Unit 1-Garage: No
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: Utility Room
  • Unit 1-Lease Exp Date: 07-31-2025
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $1,000
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Electric: Owner
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Laundry Room: Utility Room
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $800
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Electric, Trash Collection, Water
  • Tenant Pays: Cable

Property History for 703 South Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 South Washington Street

Taxable ValueLand$146,900Additions$78,900Total$225,800
Tax Record2023$4,778 ($398 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,255 SqFtAbove Grade Finished SqFt1,255 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1925Year Renovated1950CountyMONROEAPN53-08-04-217-046.000-009

Schools near 703 South Washington 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
Templeton Elementary School
PublicPK to 6

Jackson Creek Middle School
Public7 to 8

Bloomington High School South
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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703 South Washington Street is a multi-family home for sale in Bloomington, IN 47401. This property was listed for sale on June 28, 2024 by Stellar Realty Group, it's currently listed at $239,900. It has been on the market for a total of 130 days and was last sold on April 30, 2019. This listing's school district is Monroe County Com Sch Corp. Nearby schools include Templeton Elementary School, Jackson Creek Middle School and Bloomington High School South. 703 South Washington Street is a 2-bed, 2-bath, 1,405 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stellar Realty Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.