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418 E 17th St, Bloomington, IN 47408

$1,890,000
  • 16

    bed

  • 16

    bath

  • 7,680

    Sqft

Multi-family for sale 4 hours

About 418 E 17th St

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Lot size 0.31 Acre
Movoto estimate
Parking 20 garage spaces
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.
Listed by
Listing Agent - Kendall Elliott
Listing Agent Contact: Office: 844-254-7368
Listing Office - Brawley Real Estate
Source: IRMLS mls logo
MLS#202637181 • last updated 2 hours ago
Movoto checked IRMLS for data 3 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style 2, Two Story
Status Active
MLS # 202637181
Virtual Tour External Link
Type INVESTMENT
SubType Apartment Building
SqFt (Total) 7680
SqFt (Finished) 7680
Lot Size (SqFt) 13504
L:ot Size (Acres) 0.31
Property Taxes 16245.7
Foreclosure (Y/N) No
Year Built 1967
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 16
Interior
Total # Bathrooms 16
# Full Baths 16
Total # Bedrooms 16
Flooring Mixed, Part Carpet
Exterior
Exterior Brick
Basement/ Foundation Slab
Lot Dimensions Irregular
Other Structure(s) None
Lot Desc 0-2.9999
Amenities / Utilities
Sewer City
Water City
Amenities Off Street Parking
Location
Area Monroe County
Subdivision None
High School Bloomington North
Middle School Tri-North
Elementary School University
School District Monroe County Community School Corp.
APN 53-05-33-201-033.000-005
Waterfront Y/N No
Multifamily Details
Owner Pays Lawn Maintenance, Snow Removal, Trash Collection
Tenant Pays Electric, Sewer, Water
Annual Net Income 131093.3
Expense: Maintenance 7848
Gross Monthly Rent $ 13080
Annual Gross Rent $ 156960
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Source: GreatSchools.org © 2026. All rights reserved.

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