Active

416 E 17th Street

Apartment Building • 61Y Old
$990,000 Listed 3 weeks ago
8 Bedrooms
8 Bathrooms
3456 sqft
0.14 Acres
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Property Description

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.

Directions

GPS-friendly. On the corner of 17th & Dunn, across from Memorial Stadium.

Property
MLS # 202637182
Date Listed 2026-09-09
Status Active
Property Type Investment
Property SubType Apartment Building
Square Feet 3,456 sqft
New Construction No
Style Two Story
Type Apartment Building
Bedrooms 8
Bathrooms 8
Year Taxes Payable 2026
Year Built 1965
Virtual Tour propertypanorama.com »
Days on Market 23
Homestead Year No
Room Dimensions
5th Bedroom 8 × 8 Level
Bathroom Locations
Full Baths 8 Main
External Features
Construction Apartment Building
Lot Size 6,098 sq ft
Acreage 0.14 Acres
Lot Dimensions Irregular
Fence None
Location
Area Monroe County
County Monroe
Subdivision None
Township Bloomington
City Bloomington
State IN
Zip 47408
Schools
School District Monroe County Community School Corp.
Elementary University
Middle School Tri-North
High School Bloomington North
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202637182
Listing Provided Courtesy of Kendall Elliott
Brawley Real Estate
Office: 844-254-7368

Listing updated September 14, 2026 at 10:30 am
Last checked 15 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.