#202503995, Donald Griffin, Listing Office: Griffin Realty Holdings LLC
$10,000
closing credit¹
425 N Walnut St Bloomington, IN 47404
Property details
About 425 N Walnut St
This exceptional multi-unit property offers an ideal investment in the thriving Bloomington rental market. Located in a prime area near downtown and Indiana University, 425 N Walnut Street consists of 4 units, combining for a total of 7 bedrooms, 4 bathrooms, and a bonus commercial space. The property is fully leased through July 2026, providing stable cash flow 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 - July 2026). With a strong rental demand driven by proximity to IU and Bloomington's downtown, this property is positioned to deliver long-term value appreciation and consistent returns. Investors will benefit from both the immediate rental income and future growth potential.
Highlights
Virtual tour
Summary
- MLS Number: 202439246
- Office Name: Brawley Real Estate
- Office Phone: (812) 336-6888
- Listing Agent: Jeff Brawley
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/16/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of property exterior featuring cooling unit, a balcony, and covered porch](/homes/listing-images/53256347_S0228/S0228/S0228-R0100/202439246/202439246-1.jpg?version=1728512722&width=640)
$1,150,000
425 N Walnut St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 19, 2019 | Home Sold | $550,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,032,600 | $10,953 |
2021 | $479,700 | $10,102 |
2020 | $489,600 | $9,977 |
2019 | $471,600 | $10,008 |
2017 | $262,900 | $5,584 |
History based on county public records data.
Nearby schools
5
Fairview Elementary School
Public District PK-6
0.3 mi
•627 W 8th St
5
Templeton Elementary School
Public District PK-6
1.3 mi
•1400 S Brenda Ln
3
Arlington Heights Elementary School
Public District PK-6
1.4 mi
•700 W Parrish Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,797. The majority of Bloomington, IN residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
Living in Bloomington, IN
About 425 N Walnut St
This home is located at 425 N Walnut St in Bloomington, IN and zip code 47408. This home, which was built in 1969, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $1,150,000.
Over 3 listings were sold over their listed price in January 2025 in Bloomington, IN. In the same period over 54 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Bloomington, IN increased by 2.5% between December and January 2025. While the average time on the market in January 2025 was 62 days, the median list price was $309,000.