Stapleton Townhomes: 20-Unit
1136 W 17th St, Bloomington, IN 47404
20-unit townhome community near Indiana University with recent upgrades.
Type:Multifamily
- Added:
- Feb 19, 2026
- Days on Market:
- 83
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1136 W 17th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Aaron Kuroiwa License #IN RB17000780
Listing office Marcus & Millichap - Indianapolis
Listing date Feb 19, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis
HighLights
- Significant capital improvements of $38,400 per unit, including $35,000 in interior upgrades, reducing near‑term capital risk.
- Prime location with immediate access to Indiana University's academic, athletic, and entertainment areas.
- Stabilized operations and renovated units offering modernized finishes and enhanced appeal.
- Convenient access to IU bus routes via Memorial Stadium, beneficial for student commuters.
- 20‑unit, 65‑bed townhome community catering to student housing demand.
- Recent exterior improvements including a new property sign, patio reconstruction, HVACs, parking lot reseal & restripe, security cameras, tree trimming, and exterior paint.
Overview
Stapleton Townhomes, located at 1136 W 17th Street in Bloomington, Indiana, is a 20-unit, 65-bed townhome community. Its location provides residents with access to Indiana University’s academic, athletic, and entertainment areas. During the winter, the property's proximity to Memorial Stadium, a stop for all IU bus routes, offers convenient access for students commuting to class. Significant capital improvements totaling approximately $38,400 per unit have been made to the property. Interior upgrades accounted for $35,000 of the investment per unit, delivering updated interiors, modernized finishes, and enhanced appeal. An additional $106,000 was allocated to a property sign, patio reconstruction, HVACs, parking lot resealing and restriping, security cameras, tree trimming, and exterior paint. These improvements are intended to reduce near-term capital risk while supporting continued rental growth and long-term competitiveness. The property offers an opportunity to acquire renovated, walkable student housing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.54693
- Latitude
- 39.180317
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 20-unit townhome community near Indiana University with recent upgrades.
Where is this apartment building located?
The property is located at 1136 W 17th St Bloomington, IN.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Significant capital improvements of $38,400 per unit, including **$35,000 in interior upgrades, reducing near‑term capital risk.**; **Prime location with immediate access to Indiana University's academic, athletic, and entertainment areas.**; Stabilized operations and renovated units offering modernized finishes and enhanced appeal.
