Rare investment opportunity in an exceptional location directly across from IU's Memorial Stadium and Assembly Hall. The property features 8 one-bedroom, one-bathroom apartments and 8 on-site parking spaces. 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 418 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.
Active under contract
$990,000
416 E 17th St, Bloomington, IN 47408
8beds
3,456sqft
Multi Family
Built in 1965
-- sqft lot
$904,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 55 days
- 390
- 20
Zillow last checked:
Listing updated:
Listed by:
Kendall Elliott Office:844-254-7368,
Brawley Real Estate
Source: IRMLS,MLS#: 202637182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard
Cooling
- Window Unit(s)
Features
- Flooring: Mixed
- Basement: None
Interior area
- Total structure area: 3,456
- Total interior livable area: 3,456 sqft
- Finished area above ground: 3,456
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: 0-2.9999
Details
- Additional structures: None
- Parcel number: 530533201030.000005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Annual tax amount: $9,281
- Date on market: 9/9/2026
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 69960
- Tenant pays: Electricity, Sewer, Water
Estimated market value
$904,300
$859,000 - $950,000
$3,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $990,000 |
Source:  IRMLS #202637182 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Garden Hill
Nearby schools
Schools provided by the listing agent
- Elementary: University
- Middle: Tri-North
- High: Bloomington North
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--1 bd1 ba550 sqft418 E 17th St #1EC08BC2B, Bloomington, IN 47408Off Market
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- $1,890,00016 bd16 ba7.6k sqft418 E 17th St #1EC08BC2B, Bloomington, IN 47408For Sale
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