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6-Unit Apartment Building
For Sale
$4,000,000

314 N Washington Street, Bloomington, IN 47404

Townhouse-style residences offer bedroom-specific bathrooms, guest half baths, and garage parking.

Property Size10,560 SF
Price / SF$378.79
Days on Market16

Property Features for 314 N Washington Street

General Information

Standard status Active
Size 10,560 SF
Property subtype Multi Family Home
Lease Term 1 Year

Additional Details

Multifamily Units 6
Tenant in Place Yes

Building Details

Building Size 10,560 SF
Year Built 1997
Buildings 1
Stories 2
Units 6
Listing Agency: FC Tucker/Bloomington REALTORS
Listed By: Kerry Feigenbaum · License #RB17000572
Source: Castleonerealty
Added: Oct 20 Changed: Oct 26 Last Checked: Nov 3 at 6:18AM

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 FC Tucker/Bloomington REALTORS

Rey
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Investment Insights

Based on property information with market context.

Built in 1997, this six-unit apartment property at 314 N Washington Street comprises two-story townhouse residences. Each has a bathroom for every bedroom, an additional half bath on the main level, and substantial storage. The building was designed as six individual condominiums and has operated as student apartments. All six units are rented for the 26-27 school year.

The property is in downtown Bloomington near the IU campus. Garage parking is available, with three spaces noted for the property.

Key Highlights

  • Six two‑story townhouse units, originally built as individual condominiums
  • All 6 units rented for the 26‑27 school year
  • Bedroom‑specific full baths and a main‑floor guest half bath in each townhouse

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,620
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Townhouse-style residences offer bedroom-specific bathrooms, guest half baths, and garage parking.
Where is this apartment building located?
The property is located at 314 N Washington Street Bloomington, IN.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Six two‑story townhouse units, originally built as individual condominiums; All 6 units rented for the 26‑27 school year; Bedroom‑specific full baths and a main‑floor guest half bath in each townhouse
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