Two Fully Leased Apartment
1000 & 1002 E Atwater Avenue Bloomington, IN 47401
1000 & 1002 E Atwater Avenue, Bloomington, IN, 47401
$2,600,000
For Sale
$2,600,000
COMMERCIAL - Bloomington, IN
Lot Size0.20 Acres
Days on Market632
Property Features for 1000 & 1002 E Atwater Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Off Street
- Standard status
- Active
- APN
- 53-08-04-102-032.000-009
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ELM HEIGHTS LOT 24
- Tax Annual Amount
- 27949
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Flooring type
- Mixed
- Roof type
- Shingle
Listing Agency
Brawley Real Estate
(844) 254-7368
3802 E Third Street, Bloomington, IN
Listed by
Jeff Brawley · License #RB14041028
(812) 327-5331
Added: Oct 25, 2024 Checked: Jul 18 at 3:06 am
MLS# 202441429
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.
Investment Insights
Based on property information with market context.
1000 & 1002 E Atwater Avenue includes two separate apartment buildings offered together as a leased investment property. The combined configuration totals 21 rooms across both buildings, with all space currently leased. Reported gross monthly rent is $20,475, with an increase to $21,840 in August 2025. Leases are secured through July 2026.
The property is positioned close to Indiana University campus. An off-street parking setup is included, providing practical access and convenience for residents.
For investors or operators seeking a smaller, multi-building residential income asset, this offering provides current occupancy and fixed lease terms extending through July 2026. The combined building layout and established room count support straightforward management across the two addresses, while the included off-street parking helps accommodate resident needs. Potential buyers should review the existing leases and rent schedule directly as provided in the offering materials.
The property is positioned close to Indiana University campus. An off-street parking setup is included, providing practical access and convenience for residents.
For investors or operators seeking a smaller, multi-building residential income asset, this offering provides current occupancy and fixed lease terms extending through July 2026. The combined building layout and established room count support straightforward management across the two addresses, while the included off-street parking helps accommodate resident needs. Potential buyers should review the existing leases and rent schedule directly as provided in the offering materials.
Key Highlights
- Two fully leased buildings at 1000 & 1002 E Atwater Avenue (combined 21 rooms)
- Monthly rent $20,475, increasing to $21,840 in August 2025
- Leases secured through July 2026
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two apartment buildings near Indiana University with off-street parking and leases in place through July 2026.
Where is this apartment building located?
The property is located at 1000 & 1002 E Atwater Avenue 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: Two fully leased buildings at 1000 & 1002 E Atwater Avenue (combined 21 rooms); Monthly rent $20,475, increasing to $21,840 in August 2025; Leases secured through July 2026
