About 418 E 17th Street
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.
Features of 418 E 17th Street
| MLS® # | 202637181 |
|---|---|
| Price | $1,890,000 |
| Bedrooms | 16 |
| Bathrooms | 16.00 |
| Full Baths | 16 |
| Square Footage | 7,680 |
| Acres | 0.31 |
| Year Built | 1967 |
| Type | Multifamily |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 418 E 17th Street |
|---|---|
| Subdivision | None |
| City | Bloomington |
| County | Monroe County |
| State | IN |
| Zip Code | 47408 |
Amenities
| Features | Off Street Parking |
|---|---|
| Parking Spaces | 20 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Mixed, Part Carpet |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
| Basement | Slab |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | 0-2.9999 |
| Construction | No |
School Information
| District | Monroe County Community School Corp. |
|---|---|
| Elementary | University |
| Middle | Tri-North |
| High | Bloomington North |
Additional Information
| Days on Market | 1 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Kendall Elliott |
|---|---|
| Office | Brawley Real Estate |
| Contact Info | Office: 844-254-7368 |