Bloomington, IN 47403 1201 W Allen Street

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Presented By: Audra Cannon with CRM Properties, Inc; Cell: 765-431-9111
  • MLS# 202511570
  • 04/06/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 39
  • Baths • 40
  • SQFT • 23,310

Home Details

Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units, all remodeled within the past two years, offering modern comforts and style. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.
Presented By: Audra Cannon with CRM Properties, Inc; Cell: 765-431-9111

Interior Features for 1201 W Allen Street

Bedrooms

Num. of 1 Bedrooms39
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Above Grade Bedrooms40
Beds40
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 1 SqFt576
Total Finished SqFt23310
Basement Y/NNo
Above Grade Finished SqFt23310
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies1
BasementSlab
Dishwasher(s)40
Disposal(s)40
Dryer(s)3
FlooringVinyl
Microwaves40
Ranges/Ovens40
Refrigerators40
Total Number of Units40
W/D Hookups3
Washers3

Other Rooms

Total Rooms Below Grade

General for 1201 W Allen Street

# of Buildings9
Age40
Agent First NameAudra
Agent Last NameCannon
Annual Electric Expense2750
Annual Fuel Expense438
Annual Insurance Expense14350
Annual Trash Expense2759
AreaMonroe County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms40
CityBloomington
ClassINVESTMENT
CoolingWall AC
DOM23
Elementary SchoolTempleton
FIPS Code18105
FeaturesCable Available, Landscaped, Open Floor Plan, Patio Open, Water Heater Electric, Other-See Remarks
Full Baths40
Half Baths
HeatingElectricity, Baseboard, Wall Heater
High SchoolBloomington South
Legal Description015-62400-00 Seminary Pt Lot 165
Middle SchoolJackson Creek
Net Income316949
New ConstructionNo
OwnerPaysLawn Maintenance, Sewer, Trash Collection, Water
Pet Restrictions Y/NYes
REONo
Rent Income390168
School DistrictMonroe County Community School C
SewerCity
StatusActive
StatusActive
Status Detail0
Stories1
StyleOther
SubdivisionNone
Tax Year2025
Tenant PaysElectric
Total Sq Ft23310
TownshipPerry
TypeApartment Complex
Virtual TourClick here
Year Built1985

Exterior for 1201 W Allen Street

Approx. Lot Size Acres2.66
ExteriorStone
Lot Description0-2.9999
Lot Dimensions460x260
Lot Size Area115870
Number of Parking Spaces40
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Jackson Creek Middle School
Elementary School Templeton Elementary School
High School Bloomington South High School

Mark Plesha

Price $3,995,000
MLS#202511570
List Date 04/06/2025
Property Type Multi-Family
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