1222 W Kirkwood Avenue, Bloomington, IN 47404
- Added:
- Mar 16, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 26 at 8:06 pm
Property Features for 1222 W Kirkwood Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Off Street
- EntryLevel
- Combined
- Exterior features
- Water Heater Gas, None
- Appliances
- Range
- Standard status
- Active
- APN
- 53-05-32-314-009.000-005
- Size
- 1,176 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Other
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Andy Walker License #RB14032117 (812) 325-1290
Listing office RE/MAX Acclaimed Properties 3695 S Sare Rd., Bloomington, IN (812) 332-3001
Listing date Mar 16, 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
- 5‑bedroom, 2‑bath home with a rental permit for 5 on Bloomington’s near West side of downtown
- Currently rented for $1,400/month; sold as‑is
- Central air and forced‑air natural gas heating
- Off‑street parking with lots of parking in the back of the structure
- Asphalt roof
- Appliances include a range
Overview
Located on Bloomington’s near west side, the address places the property within easy reach of downtown Bloomington and Indiana University. It is also described as convenient to restaurants, services, and shopping on both the downtown and west side.
For buyers seeking an owner-occupant option, the rental permit supports flexible use while keeping the home within close proximity to key Bloomington destinations. For investors, the presence of a rental permit and current rental use are directly relevant considerations, along with the off-street parking in back. As with any purchase sold “as is,” prospective buyers may want to assess the home’s condition and any needed updates prior to closing.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.5k | $15.72 |
| − Vacancy | −$1.0k | −$0.88 |
| EGI | $17.5k | $14.84 |
| − OpEx | −$7.9k | −$6.68 |
| NOI | $9.6k | $8.16 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.549324
- Latitude
- 39.166854
