About This Home
This 16-bedroom, 16-bathroom multi-family at 418 E 17th Street in Bloomington, IN is listed for $1,890,000 ($246 per sqft). Built in 1967, the home offers 7,680 sqft of living space on a 0.31 acres lot.
Key Features
- Built in 1967
- 0.31 acre lot
- 2 stories
- 20 parking spaces
Property Details
Rare investment opportunity in an exceptional location directly across from IU's Memorial Stadium and Assembly Hall. The property features 16 one-bedroom, one-bathroom apartments and 20 on-site parking spaces. The property is fully leased for the 2026-2027 academic year, providing immediate income.
Significant upside remains through future rent growth, additional revenue opportunities, and land value. This is a highly irreplaceable site with limited comparable opportunities. The property is available for purchase individually or together with the adjacent property at 416 E. 17th Street, offering investors the flexibility to acquire one property or assemble both for a larger, strategic investment. Rent rolls and lease information are available upon request.
Monthly Cost Estimate
$10,108/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
418 E 17th Street
Bloomington, IN 47408
Property Details
Flooring
Questions & Answers
This 16-bedroom, 16-bathroom multi-family at 418 E 17th Street is listed at $1,890,000 ($246/sqft). The estimated monthly payment is $10,108 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1967, 0.31 acre lot, 2 stories, 20 parking spaces.
This property is listed by Kendall Elliott and can be reached at 8126989247.