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    703 N Walnut St Bloomington, IN 47404

    For Sale
    $2,400,000

    Apartment Building, Lofted - Bloomington, IN

    Property size:
    10,344 SF
    Lot size:
    0.18 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 703 N Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    19
    Bathrooms
    19
    APN
    53-05-33-204-037.000-005
    Parking features
    Paved or Surfaced
    Exterior features
    Cable Ready, Countertops-laminate, Water Heater Electric, Sidewalks, None
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Washer
    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

    Jason Millican Group (317) 372-9999 [email protected]

    Listing agent Jason Millican (317) 372-9999 License #RB14027891

    Listing date Aug 14, 2025

    MLS# 202527967 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 Apartment Complex Near IU

    This apartment complex, constructed in 2013, features eleven units and is situated near the Indiana University campus. The unit mix includes eight 2-bedroom, 2-bathroom apartments, two 1-bedroom, 1-bathroom apartments, and one studio apartment with one bathroom. Each unit is equipped with appliances, including a washer and dryer. Parking is available at the back of the building. The location provides walking distance access to both downtown and the stadium. Tenants are responsible for internet and electric utilities, while the owner covers water, sewer, trash, and maintenance expenses. The property occupies a 0.18-acre lot and the building size is 10,344 square feet. This property is positioned as an investment opportunity in the Indiana University campus area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.533988
    Latitude
    39.173761

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    FAQs

    What type of property is this?
    Apartment building - Eleven-unit apartment complex near Indiana University, built in 2013.
    Where is this apartment building located?
    The property is located at 703 N Walnut St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime location: Walking distance to both IU campus and downtown.; - High-demand units: Features a mix of 2BR, 1BR, and Studio apartments.; - Modern construction: Built in 2013.
    (317) 372-9999
    Request Owner's contact information
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    Bloomington, IN 47404
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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
    703 N Walnut St Bloomington, IN 47404
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