Four-Unit Residential Income Property

425 N Walnut Street, Bloomington, IN 47404

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For Sale

$1,099,000

MULTI_FAMILY - Bloomington, IN

Property size:

3,614 SF

Lot size:

0.10 Acres

Price / SF:

$304/SF

HighLights

4‑unit multi‑unit property at 425 N Walnut Street with 7 bedrooms and 4 bathrooms
Fully leased through July 2026
Current rental income is $8,500/month through July 2025, increasing to $8,900/month for the Aug 2025–Jul 2026 term
Includes a bonus commercial space in addition to residential units
Wood flooring throughout; central air cooling
Built in 1969

We can help!

Contact an agent

Jeff Brawley

For Sale

$1,099,000

MULTI_FAMILY - Bloomington, IN

Property size:

3,614 SF

Lot size:

0.10 Acres

Price / SF:

$304/SF

Added:: Oct 9, 2024
Days on Market:: 635
Last Refresh:: Jul 5 at 1:06 am

Property Features for 425 N Walnut Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 4
Rooms: Bathroom 1, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 2, Basement, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 3
Basement: Block
Standard status: Active
APN: 53-05-33-300-058.000-005
Size: 3,614 SF
Lot size: 0.10 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: ORIGINAL PLAT PT OUTLOT35
Tax Annual Amount: 2675

Utilities

Cooling system: Central Air

Building Details

Year built: 1969
Floors in Building: 2
Number of units: 4
Flooring type: Wood
Architectural style: Other

We can help!

Contact an agent

Jeff Brawley

Listing agent Jeff Brawley License #RB14041028

Listing office Brawley Real Estate 3802 E Third Street, Bloomington, IN

Listing date Oct 9, 2024

MLS# 202439246

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

4‑unit multi‑unit property at 425 N Walnut Street with 7 bedrooms and 4 bathrooms
Fully leased through July 2026
Current rental income is $8,500/month through July 2025, increasing to $8,900/month for the Aug 2025–Jul 2026 term
Includes a bonus commercial space in addition to residential units
Wood flooring throughout; central air cooling
Built in 1969

Overview

This four-unit residential income property at 425 N Walnut Street includes a total of 7 bedrooms and 4 bathrooms, plus a bonus commercial space. The property is fully leased through July 2026, with current rental income of $8,500 per month through July 2025, increasing to $8,900 per month for the following lease term (August 2025 through July 2026).

The property is located in Bloomington, Indiana, near downtown and Indiana University. That proximity supports its use as a multi-tenant rental asset serving occupants looking for a walkable or convenient commute to the university area and surrounding downtown activity.

For investors or operators seeking a leased, income-producing multi-unit setup, this configuration provides residential units alongside an additional commercial component on the same site. With leases in place through July 2026 and scheduled rent increases reflected in the current and next term amounts provided, the property offers straightforward near-term occupancy and revenue continuity, while retaining flexibility for future management decisions when the lease horizon is reached.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Bloomington
County: Monroe
State: Indiana
Longitude: -86.533831
Latitude: 39.170311

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For sale
Quadplexes
IN
Bloomington
47404
425 N Walnut Street

What type of property is this?

Quadplex - Four-unit property with a total of seven bedrooms, four bathrooms, and included commercial space, fully leased through July 2026.

Where is this quadplex located?

The property is located at 425 N Walnut Street Bloomington, IN.

What is the asking price?

The asking price for this property is $1,099,000.

What are key features of this property?

This property features: 4‑unit multi‑unit property at 425 N Walnut Street with 7 bedrooms and 4 bathrooms; Fully leased through July 2026; Current rental income is $8,500/month through July 2025, increasing to $8,900/month for the Aug 2025–Jul 2026 term

425 N Walnut Street, Bloomington, IN 47404

MULTI_FAMILY - Bloomington, IN

Property Features for 425 N Walnut Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Split-Level Office Schoolhouse

Four-Unit Residential Income Property

Three-Building Flex and Warehouse

Corner Reception Office Building

Office-Warehouse Flex Facility

Office and Retail Buildings with Parking

6-Unit Apartment Building with Garage

New Student Housing Duplex

Six-Unit Multifamily Building

Brand-New Duplex with Covered Porch

Multifamily Apartment Building

Flexible Mixed-Use Building

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