Bloomington, IN 47404 425 N Walnut Street
$1,125,000
14 more
Presented By: Jeff Brawley with Brawley Real Estate; Office: 812-336-6888
Beds • 7
Baths • 4
SQFT • 3,614
Home Details
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.
Presented By: Jeff Brawley with Brawley Real Estate; Office: 812-336-6888
Interior Features for 425 N Walnut Street
Bedrooms
Num. of 1 Bedrooms0
Num. of 2 Bedrooms2
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms7
Beds7
Below Grade Bedrooms
Bathrooms
Below Grade Baths
Other Interior Features
Total Finished SqFt3614
Basement Y/NYes
Above Grade Finished SqFt3614
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt504
Num. of Efficiencies1
BasementCrawl, Partial Basement
Basement MaterialBlock
Dishwasher(s)3
Disposal(s)3
Dryer(s)1
FlooringWood
Microwaves3
Ranges/Ovens3
Refrigerators3
Total Number of Units4
W/D Hookups1
Washers1
Other Rooms
Total Rooms Below Grade
General for 425 N Walnut Street
Age56
Agent First NameJeff
Agent Last NameBrawley
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense2675
Annual Trash Expense
AreaMonroe County
Assoc. Dues FrequencyNot Applicable
Associated Document Count4
Auction Y/NNo
Bathrooms4
CityBloomington
ClassINVESTMENT
CoolingCentral Air
DOM202
Elementary SchoolUniversity
FIPS Code18105
FeaturesDetector-Smoke, Eat-In Kitchen
Full Baths4
Half Baths
HeatingForced Air
High SchoolBloomington North
Legal DescriptionORIGINAL PLAT PT OUTLOT35
Middle SchoolTri-North
Net Income72065.42
New ConstructionNo
OwnerPaysBuilding Insurance, Lawn Maintenance, Snow Removal
Pet Restrictions Y/NYes
REONo
Rent Income102000
School DistrictMonroe County Community School C
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNortheast Bloomington City
Tax Year2024
Tenant PaysElectric, Sewer, Water
Total Sq Ft4118
TownshipBloomington
TypeOther
Virtual TourClick here
Year Built1969
Exterior for 425 N Walnut Street
Approx. Lot Size Acres0.1
ExteriorVinyl
Lot DescriptionLevel
Lot Dimensionsirregular
Lot Size Area4356
Number of Parking Spaces0
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
University Elementary School
Middle School
Tri-North Middle School
High School
Bloomington North High School
Stacey & Kristy - The HOME Team
Broker | High Performance Mentor | Expert Negotiator | Dynamic Duo
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