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Executive Summary

Located in the heart of downtown Bloomington just steps from Kirkwood Avenue, Bloomington square, and IU campus.
High performing mixed use building with a total market rent $35,000 per month through the 19 units. The property benefits from high foot traffic and its excellent proximity to IU's campus.

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Property Facts

Price $4,250,000
Price Per Unit $223,684
Sale Type Investment
No. Units 19
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.14 AC
Building Size 21,836 SF
No. Stories 4
Year Built 1982
Opportunity Zone Yes
Zoning CA

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1.5 24 - 1,100
Exceptionally walkable
90/100
Fairly drivable
40/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
53-05-33-310-137.000-005
Land Assessment
$307,700
Improvements Assessment
$1,966,200
Total Assessment
$2,273,900
  • Listing ID: 37252397

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: 121-129 N Washington St, Bloomington, IN 47408

Contact the Sale Advisor

Smith House | 121-129 N Washington St

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