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    1000 E Atwater Ave Bloomington, IN 47401

    For Sale
    $2,600,000

    House - Bloomington, IN

    Type:Single Family Residence
    Lot size:
    0.20 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 1000 E Atwater Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    10
    APN
    53-08-04-102-032.000-009
    Parking features
    Off Street
    Interior features
    Drywall, 220 Volts, Basement
    Exterior features
    220 Volts, Basement
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    2
    Roof type
    Shingle
    Architectural style
    Other

    Brawley Real Estate (812) 336-6888 [email protected]

    Listing agent Jeff Brawley (844) 254-7368 License #RB14041028

    Listing date Oct 9, 2025

    MLS# 202441429 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bloomington Investment Property Near IU

    Located near Indiana University's campus, the properties at 1000 & 1002 E Atwater Avenue offer an investment opportunity. These two buildings feature a total of 21 rooms and generate a monthly rent of $20,475, increasing to $21,840 in August 2025. Leases are secured through July 2026, providing dependable income. The property includes off-street parking for tenants. The lot size is 0.2 acres. This property is suited for investors seeking an income-producing asset in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.520607
    Latitude
    39.162854

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    FAQs

    What type of property is this?
    Single family property - Fully leased investment property near Indiana University with secured income.
    Where is this single family property located?
    The property is located at 1000 E Atwater Ave Bloomington, IN.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Fully leased investment property in a highly desirable location near Indiana University.; - Combined monthly rent of $20,475, increasing to $21,840 in August 2025.; - Leases secured through July 2026, ensuring dependable income.
    (844) 254-7368
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    Bloomington, IN 47401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 E Atwater Ave Bloomington, IN 47401
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