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About This Home
This 7-bedroom, 4-bathroom residential multi family at 425 N Walnut Street in Bloomington, IN is listed for $1,099,000 ($304 per sqft). the home offers 3,614 sqft of living space on a 0.10 acres lot.
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 Features
- 0.10 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$5,878/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
425 N Walnut Street
Bloomington, IN 47404-3895
Northeast Bloomington City
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 425 N Walnut Street is listed at $1,099,000 ($304/sqft). The estimated monthly payment is $4,762 based on 20% down at 6.5% interest.
Key features include: 0.10 acre lot, 2 stories. Exterior Features: Detector-smoke, Eat-in Kitchen, None.
This property is listed by Jeff Brawley and can be reached at 8123275331 or jeff.brawley@homefinder.org.
