315 W 17th Street, Bloomington, IN 47404
MULTI_FAMILY - Bloomington, IN
- Added:
- May 4, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 5 at 2:06 am
Property Features for 315 W 17th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Basement, Bedroom 6, Bedroom 7, Bedroom 5
- Parking
- 8
- Fireplace
- 1
- Basement
- Block
- Standard status
- Active Under Contract
- APN
- 53-05-33-204-141.000-005
- Size
- 3,229 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 013-39660-00 KENWOOD PARK PT LOTS 7 & 8 (E 83'
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Wood
- Architectural style
- Other
Listing agent Chris Cockerham License #RB14027897 (812) 340-3083
Listing office FC Tucker/Bloomington REALTORS 487 S Clarizz Blvd, Bloomington, IN (812) 336-7300
Listing date May 4, 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
- Triplex at 315 W. 17th St., built in 1994, with walkable access to Indiana University’s Memorial Stadium and Assembly Hall
- Wood flooring throughout and central air cooling
- Fireplace included
- Layout includes 7 bedrooms, 4 bathrooms, plus a basement
- Each unit has hookups ready for a washer and dryer
- Dedicated parking; tenants pay electric and gas utilities
Overview
The building is positioned on a high-traffic corridor in Bloomington, Indiana, with convenient walking access to Indiana University athletic facilities. The remarks specifically note Memorial Stadium and Assembly Hall within walking distance, supporting an active, game-day oriented area.
For investors or owner-operators, the combination of three separate units, dedicated parking, and in-unit laundry hookups can be a practical fit for tenant needs in a stadium-adjacent environment. With tenant responsibility for electric and gas, the utility expense structure is also clearly defined, which can simplify ongoing management considerations. This property’s compact lot size and dedicated parking further support its use as a focused multi-family asset in a location centered on IU athletics.
Local Financial Insights For Multifamily LT 5
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 | $43.8k | $13.56 |
| − Vacancy | −$2.3k | −$0.72 |
| EGI | $41.5k | $12.84 |
| − OpEx | −$12.4k | −$3.85 |
| NOI | $29.0k | $8.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Monroe
- State
- Indiana
- Longitude
- -86.53723
- Latitude
- 39.178831
