1000 & 1002 E Atwater Avenue Bloomington, IN ^$ 2,600,000

1000 & 1002 E Atwater Avenue

^$ 2,600,000

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1000 & 1002 E Atwater Avenue

Bloomington, IN, 47401

^$ 2,600,000

Bedrooms-- Baths10.0 Sq 8,123

Monthly Estimate*

^$ 16,221

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Commercial Property for sale in Bloomington, IN

for $2,600,000 with 10 full baths. This 8,123 square foot building was built in 1920 on a lot size of 0.2.

Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leased investment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August 2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. This exceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.

Commercial Active

Price

^$ 2,600,000

Full Bath

Property Type

Commercial

Taxes

^$ 27,949

Style

House

Lot Size

0.2

Year Built

1920

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202441429

Features

General

Heating Forced Air

Cooling Central Air

Ceiling Height 9

Roof Shingle

Parking Yes Gravel Off-Street

Sewer City

# of Buildings 2

Status Active Active

Bathrooms 10

Year Built 1920

New Construction No

Subdivision Southeast Bloomington City

Stories Count 2

Township Perry

Class COMMERCIAL

Present Use Investment Property

Type House

Age 105

Special Features 220 Volts Basement

REO No

Status Detail 0

Area Monroe County

City Bloomington

Legal Description ELM HEIGHTS LOT 24

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202441429

Agent First Name Jeff

Agent Last Name Brawley

DOM 409

Tax Year 2024

Exterior

Road Access City

Exterior Vinyl

Lot Size Area 8712

Lot Dimensions irregular

Parking Type Gravel Lot

Water Features None

Waterfront Y/N No

Interior

Flooring Mixed

Basement/Foundation Full Basement Partially Finished

Walls Drywall

* Excluded Features

List By

Jeff Brawley

Listing Agent

Brawley Real Estate

Broker

jeff.brawley@homefinder.org

Affordability Calculator

$18,550

Per Month

Monthly Principal & Interest: $16,221
Monthly Property Taxes: $2,329
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bloomington, IN

Average List Price ^$1,519,324

Percent of Sale Price 42%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2025	$2,600,000	-7.41%	Price Down
11/27/2024	$2,808,000	-5.68%	Price Down
10/25/2024	$2,977,000		Listed Price

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1000 & 1002 E Atwater Avenue, Bloomington, IN, 47401 is a Commercial Property for sale at $2,600,000 with 8,123 sqft and a lot size of 0.2. 1000 & 1002 E Atwater Avenue has 10.0 baths and was built in 1920. The property's zip code is 47401 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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 updated as of 12/14/2025.

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1000 & 1002 E Atwater Avenue

Commercial Property for sale in Bloomington, IN

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