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89-Unit Apartment Building
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1722 North Walnut Street, Bloomington, IN 47404

Student housing asset located near Indiana University in Bloomington.

Property Size48,212 SF
Days on Market6

Property Features for 1722 North Walnut Street

General Information

Standard status Active
Size 48,212 SF
Property subtype Multifamily

Additional Details

Multifamily Units 89

Building Details

Year Built 1973
Year Renovated 2022
Units 89
Listing Agency: Matthews
Listed By: Robert Anderson · License #01738687
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 3:39PM

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 Matthews

Investment Insights

Based on property information with market context.

This 89-unit apartment building contains 48,212 square feet and was constructed in 1973. The property is identified as student housing and is situated at 1722 North Walnut Street in Bloomington, Indiana.

Indiana University is located steps from the property, providing a direct connection to the university-oriented housing market. The asset is offered through a lender-owned auction.

Key Highlights

  • 89‑unit apartment building
  • 48,212‑square‑foot property
  • Student housing near Indiana University

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

89
Residential units

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 47404, IN

23,799
Population
12,101
Households
2
Avg Household Size
33
Median Age
43%
College-Educated
95%
High-School Grad
52.6 sq mi
ZIP Area
452
Density / Sq Mi
$54,674
Median Household Income
$36,725
Median Earnings
$1,159
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Student housing asset located near Indiana University in Bloomington.
Where is this apartment building located?
The property is located at 1722 North Walnut Street Bloomington, IN.
What are key features of this property?
This property features: 89‑unit apartment building; 48,212‑square‑foot property; Student housing near Indiana University
More about this property
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