418 E 17th ST, Bloomington, IN 47408
418 E 17th ST, Bloomington, IN 47408
418 E 17th ST, Bloomington, IN 47408
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Listed by Brawley Real Estate
$1,890,000
Est. payment /mo
16 Beds
16 Baths
7,680 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,680 sqft

MLS Listing ID IRM202637181

Bedrooms 16

Full Baths 16

HOA Y/N No

Year Built 1967

Annual Tax Amount $16,245

Tax Year 2026

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions Irregular

Property Sub-Type Apartment

Property Description

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.

Location

State IN

County Monroe County

Rooms

Basement Slab

Interior

Heating Forced Air

Inclusions Building, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 20

Building

Lot Description 0-2.9999

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools University

Middle Schools Tri-North

High Schools Bloomington North

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-05-33-201-033.000-005

Monthly Total Fees $7, 848

Acceptable Financing IRM202637181

Listing Terms IRM202637181

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202637181


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Mariah Cressy

Mariah Cressy

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