Evergreen Real Estate & Auctions

2536 West Industrial Park Dr Suite 14
Bloomington, IN 47404
Office Phone (812) 335-1100
Fax (812) 330-2093

425 N. Walnut Bloomington, IN 47404-3895 $1,125,000
Listed by Brawley Real Estate
 
MLS # 202439246 Investment Other

Lot Information
Acres:  0.1
Dimensions:  irregular
County:  Monroe
Township:  Bloomington
Grid:  Northeast Bloomington City
Utilities
Utility Type
Sewage ---
Gas ---
Water Co ---
Utility Type
Cable ---
Electric ---
Amps ---
Investment Other
 
SqFt   Fin   Unfin   Total
Upper 000
Main 361403614
Total 361403614

Basement 1   0504504
Basement 2 000
Total 0504504

Total 36145044118
 Total Rooms:  0 Yr. Built:  1969 Style: ---
Bedrooms:  7 Foundation: ---
Study Rooms  0 Fireplaces: ---
Full Baths:  4 Exterior: ---
HalfBaths  0 AC: ---
Heating: --- Water Heater: -- Street type: ---
HOA Fee: 0 HOA Term: ---
HOA Note: ---
Garage: --- Cap: ----car Sq.Ft.: ---
Garage Note: 
Rooms
 
Type Size Level Floors
School
 
Elementary: University Middle: Tri-North High: Bloomington North
NOTE: Due to school redistricting, schools identified with this listing may be subject to change. Please confirm school district with the school corporation.
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 - 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.
Directions
 
On N Walnut just before 9th Street

IDX information provided by the Indiana Regional MLS

Information Not Warranted

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the MLS.

Listings Last Updated 07/07/2025 12:26:22 AM