314 N Washington Street, Bloomington, IN 47404
Local realty services provided by:ERA Crossroads
Listed by: kerry feigenbaum, brian thompsonkerry.feigenbaum@homefinder.org
Office: fc tucker/bloomington realtors
MLS#:202626061
Source:Indiana Regional MLS
Price summary
- Price:$4,000,000
- Price per sq. ft.:$378.79
About this home
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.
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Home facts
- Year built:1997
- Subdivision & Development:None
- Listing ID #:202626061
- Added:96 day(s) ago
- Updated:October 05, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:18
- Full bathrooms:12
- Flooring:Carpet, Laminate
- Kitchen Description:Kitchen Island
- Living area:10,560 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Conventional, Gas, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1997
- Building area:10,560 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Level
- Architectural Style:Condo, Condo/Co-op Attached
- Construction Materials:Brick
- Exterior Features:Landscaped
Schools
- High school:Bloomington North
- Middle school:Tri-North
- Elementary school:Fairview
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$4,000,000
- Price per sq. ft.:$378.79
- Tax amount:$6,400
Features and amenities
- Amenities:Cable Ready, Ceiling-9+, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Fire Sprinkler System, Sidewalks, Water Heater Gas
Parking
- Parking description:Concrete Driveway, Garage Parking, Off Street Parking, Paved Parking
- Garage spaces:2.5
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