10-Unit Student Housing
For Sale
Contact for pricing
342 - 396 S Washington St, Bloomington, IN 47401
Purpose-built townhome-style residences are fully pre-leased for August 2025 near Indiana University.
Property SizeContact for details
Days on Market143
Property Features for 342 - 396 S Washington St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Gross Income
$433,320
Multifamily Units
10
Building Details
Year Built
2009
Construction
wood frame
Listing Agency:
Brawley Real Estate
(812) 327-5331
Listed By:
Jeff Brawley · License #RB14041028
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:48AM
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 Brawley Real Estate
Investment Insights
Based on property information with market context.
Washington Place Townhomes comprises 10 townhome-style apartment units with 40 beds, designed for student housing and constructed in 2009. Each residence offers nearly 2,000 square feet of living space. The buildings feature wood framing, brick exteriors, and flat metal roofs, while each unit is separately parceled as a condominium unit. The current offering includes all 10 units together, and the property is fully pre-leased for August 2025.
The property is located at 342–396 S Washington St in Bloomington, three blocks from Indiana University and near Kirkwood Avenue’s dining and nightlife. Its walkable setting also places the residences near restaurants and retail. The condominium structure provides flexibility for future unit-by-unit disposition, although the current offering is for the complete collection.
The property is located at 342–396 S Washington St in Bloomington, three blocks from Indiana University and near Kirkwood Avenue’s dining and nightlife. Its walkable setting also places the residences near restaurants and retail. The condominium structure provides flexibility for future unit-by-unit disposition, although the current offering is for the complete collection.
Key Highlights
- 10 units with 40 beds, configured as townhome‑style apartments
- Fully pre‑leased for August 2025
- Nearly 2,000 square feet of living space per unit
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
2,723
Businesses Nearby
Explore this area
Business Placement
Demographics for 47401, IN
41,225
Population
21,162
Households
1.9
Avg Household Size
35
Median Age
62%
College-Educated
95%
High-School Grad
82.6 sq mi
ZIP Area
499
Density / Sq Mi
$65,643
Median Household Income
$34,279
Median Earnings
$1,181
Median Rent
$333,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Purpose-built townhome-style residences are fully pre-leased for August 2025 near Indiana University.
Where is this apartment building located?
The property is located at 342 - 396 S Washington St Bloomington, IN.
What are key features of this property?
This property features: 10 units with 40 beds, configured as townhome‑style apartments; Fully pre‑leased for August 2025; Nearly 2,000 square feet of living space per unit
