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315 West 17th Street St
Bloomington, IN 47404
Multifamily Property For Sale
·
3 Units
Investment Highlights
- 3 Units
- 17th Street Frontage
Executive Summary
Located on one of Bloomington’s most desirable high-traffic corridors, this well-positioned triplex at 315 W. 17th St. offers strong rental appeal just steps from Indiana University’s athletic facilities. Within walking distance to Memorial Stadium and Assembly Hall, this property is perfectly suited for student and game-day demand.
Each unit is equipped with Hookups ready for a Washer and Dryers, providing added convenience and increased tenant retention. The property also includes dedicated parking, a major advantage in this high-demand area.
Tenants are responsible for electric and gas utilities, helping keep operating costs manageable for ownership.
With its unbeatable location, strong unit mix, and desirable amenities, this triplex presents an excellent opportunity for investors seeking consistent income in the heart of Bloomington.
Each unit is equipped with Hookups ready for a Washer and Dryers, providing added convenience and increased tenant retention. The property also includes dedicated parking, a major advantage in this high-demand area.
Tenants are responsible for electric and gas utilities, helping keep operating costs manageable for ownership.
With its unbeatable location, strong unit mix, and desirable amenities, this triplex presents an excellent opportunity for investors seeking consistent income in the heart of Bloomington.
Property Facts
| Price Per Unit | $254,836 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,299 SF |
| Cap Rate | 8.07% | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1994 |
| Property Subtype | Apartment | Parking Ratio | 2.42/1,000 SF |
| Building Class | C | ||
| Zoning | Medium Mix Use | ||
| Price Per Unit | $254,836 CAD |
| Sale Type | Investment |
| Cap Rate | 8.07% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,299 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 2.42/1,000 SF |
| Zoning | Medium Mix Use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $1,752 CAD | - |
| 2+1 | 1 | $1,752 CAD | - |
| 2+2 | 1 | $1,641 CAD | - |
Property Taxes
| Parcel Number | 53-05-33-204-141.000-005 | Improvements Assessment | $167,183 CAD |
| Land Assessment | $50,965 CAD | Total Assessment | $218,148 CAD |
Property Taxes
Parcel Number
53-05-33-204-141.000-005
Land Assessment
$50,965 CAD
Improvements Assessment
$167,183 CAD
Total Assessment
$218,148 CAD
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