314 N Washington Street, Bloomington, IN 47404

Bloomington
Local realty services provided by:ERA First Advantage Realty, Inc.
314 N Washington Street,Bloomington, IN 47404
$4,000,000
Virtual Tour
  • 13 Beds
  • 18 Baths
  • 10,560 sq. ft.
  • Multi-family
  • Active
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:48 day(s) ago
  • Updated:August 18, 2026 at 03:51 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
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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