- amilakis@gmail.com
- Direct (765) 418-4771
314 N Washington Street
Excellent opportunity to purchase a 6 unit building in the heart of Bloomington’s downtown and IU campus. The Gables was originally built as 6 individual condominium units but has been rented to date as student apartment rentals. With the high demand for downtown condo living, this is an investor’s dream. All 6 units are rented for the 26-27 school year, so buyer can take the next 12 months to plan renovations for high-end condominiums sales while earning income. Each 2-story townhouse has generously sized rooms, with a dedicated bath for each bedroom, an additional half bath on the main floor for guests, loads of storage, and 3 parking spots in the garage. With high end finishes, comparable (but hard to find) condominium units are running in the $600/SF price range in downtown Bloomington. Please allow 48 hours for all showing requests to allow for tenant notice.
From North take College S to 8th Street and turn left, turn R on Washington and property on your left.
| MLS # | 202626061 |
|---|---|
| Date Listed | 2026-07-01 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Sixplex |
| Square Feet | 10,560 sqft |
| New Construction | No |
| Style | Condo |
| Type | Sixplex |
| Bedrooms | 13 |
| Bathrooms | 18 (12 Full, 6 Half) |
| Annual Taxes | $6,400.00 |
| Year Taxes Payable | 25-26 |
| Year Built | 1997 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 94 |
| Homestead Year | No |
| Living Room | 5 × 1 | Level |
| Family Room | 2110 × 2160 | Level |
| Kitchen | 2110 × 2110 | Level |
| 3rd Bedroom | 3 × 6 | Level |
| 4th Bedroom | 6 × 6 | Level |
| 5th Bedroom | 6 × 6 | Level |
| Recreation Room | 6 × 6 | Level |
| Loft | 6 × 6 | Level |
| Extra Room | 6 × 6 | Level |
| Full Baths | 13 Main, 3 Lower |
| Construction | Sixplex |
|---|---|
| Lot Size | 8,712 sq ft |
| Acreage | 0.20 Acres |
| Lot Dimensions | 8712 |
| Fence | None |
| Area | Monroe County |
|---|---|
| County | Monroe |
| Subdivision | None |
| Township | Bloomington |
| City | Bloomington |
| State | IN |
| Zip | 47404 |
| School District | Monroe County Community School Corp. |
|---|---|
| Elementary | Fairview |
| Middle School | Tri-North |
| High School | Bloomington North |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202626061
Listing Provided Courtesy of Kerry Feigenbaum
FC Tucker/Bloomington REALTORS
kerry.feigenbaum@homefinder.org
Listing updated July 1, 2026 at 3:15 pm
Last checked 16 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.