703 N Walnut Street, Bloomington, IN 47404
Apartment Building, Lofted - Bloomington, IN
- Added:
- Apr 27, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 703 N Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 19
- Bathrooms
- 19
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Paved or Surfaced
- Exterior features
- Cable Ready, Countertops-laminate, Water Heater Electric, Sidewalks, None
- Appliances
- Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Washer
- Standard status
- Active
- APN
- 53-05-33-204-037.000-005
- Size
- 10,344 SF
- Lot size
- 0.18 Acres
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Floors in Building
- 3
- Number of units
- 11
- Flooring type
- Carpet, Concrete, Laminate, Wood
- Building materials
- Masonite, Stone
- Roof type
- Rubber
- Architectural style
- Loft
Listing agent Jason Millican License #RB14027891 (317) 372-9999
Listing office Jason Millican Group 2600 S Henderson Street, Suite 207, Bloomington, IN (317) 372-9999
Listing date Apr 27, 2026
Copyright © 2026 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.
HighLights
- 11‑unit apartment complex built in 2013, close to IU campus
- Unit mix: 8 x 2BR/2BA, 2 x 1BR/1BA, and 1 studio/1BA
- Each unit includes all appliances, including washer/dryer
- Tenant‑paid utilities include internet and electric; owner pays water/sewer, trash, and maintenance
- Annual income listed as $144,900 with NOI of $86,940 and 40% expense ratio ($57,960)
- Parking is located at the back of the building; central air and electric forced‑air heating
Overview
The property is located close to the campus of IU and is described as within walking distance to both downtown and the stadium. It is positioned on a compact site, supporting an efficient footprint for this small multifamily offering.
For investors or operators seeking a smaller residential income asset near a university environment, this 11-unit configuration provides a straightforward rental mix and consistent in-unit amenities with washer/dryer. The owner’s expense responsibilities are clearly outlined, and the listing provides stated figures for the 26/27 school year, including annual income and NOI, along with an expense ratio based on the seller’s stated operating assumptions.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.533988
- Latitude
- 39.173761
