Listing courtesy of Brawley Real Estate · Listing agent: Kendall Elliott · Office: 844-254-7368
418 E 17th Street
Bloomington, IN 47408
- Bedrooms
- 16
- Bathrooms
- 16
- Living area
- 7,680 sq ft
- Lot
- 0.31 ac
- Year built
- 1967
- Type
- Apartment
- Listed
- September 9, 2026
- MLS #
- 202637181
About this home
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 payment estimate
$12,250/mo
- Principal & interest
- $10,345
- Property taxes
- $1,354
- Homeowners insurance
- $551
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 7,680 sq ft
- Finished area above grade
- 7,680 sq ft
- Bedrooms above grade
- 16
- Basement
- Slab
- Flooring
- Mixed, Carpet
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Amenities
- Off Street Parking
Exterior & parking
- Construction
- Brick
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- 0-2.9999
- Lot size (acres)
- 0.31 ac
- Lot dimensions
- Irregular
- County
- Monroe County
- Township
- Bloomington
- Cross street
- Dunn Street
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS-friendly. On the corner of 17th & Dunn, across from Memorial Stadium.
Schools
- Elementary school
- University
- Middle school
- Tri-North
- High school
- Bloomington North
- School district
- Monroe County Community School Corp.
Taxes & terms
- Annual taxes
- $16,246
- Tax year
- 2026
- Possession
- At Closing
- Parcel number
- 53-05-33-201-033.000-005
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 16
- Annual gross rent
- $156,960
- Net operating income
- $131,093
- Lease term
- 12 Months
- Parking spaces
- 20
- Pets allowed
- No
- Tenant pays
- Electricity, Sewer, Water
- Trash (annual)
- $1,773
- Maintenance (annual)
- $7,848