{"id":649234,"date":"2026-08-10T00:50:39","date_gmt":"2026-08-10T05:50:39","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/1314-e-atwater-ave\/"},"modified":"2026-08-10T00:50:39","modified_gmt":"2026-08-10T05:50:39","slug":"1314-e-atwater-ave","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/1314-e-atwater-ave\/","title":{"rendered":"Investment Property Near Indiana University | 1314 E Atwater Ave."},"content":{"rendered":"

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AUCTION \u2013 Rare opportunity to acquire a substantial income-producing
\nproperty along Atwater Avenue at the edge of Indiana University.<\/span><\/b><\/span><\/p>\n

Located at 1314 E Atwater Avenue in Bloomington, Indiana<\/b>, this
\nestablished investment property offers a highly visible and convenient location
\nbetween S. Highland Avenue and S. Eagleson Avenue, placing it within the active
\ncampus-area community surrounding Indiana University.<\/span><\/p>\n

According to county property records, this one-story brick property was
\noriginally constructed in 1920 and offers approximately 1,936 square feet of
\nfinished space<\/b>, including approximately 968 square feet on the main
\nlevel and 968 square feet of finished basement space<\/b>. County records
\nidentify 8 bedrooms, 2 full bathrooms and 10 finished rooms<\/b>, creating
\nsubstantial capacity across two finished levels.<\/span><\/p>\n

Additional features include central warm-air heating, central air
\nconditioning and a fireplace<\/b>, along with a small wood deck, concrete patio
\nand masonry stoop. The property also includes a 12′ x 18′ detached garage<\/b>,
\nan increasingly valuable feature for real estate located this close to campus.<\/span><\/p>\n

Situated on approximately 0.16 acres<\/b>, the property benefits from
\nits position directly along Atwater Avenue with paved street frontage and
\nsidewalks. The property is also located within the Elm Heights Historic
\nDistrict<\/b>, according to Monroe County GIS records. Buyers should
\nindependently investigate any applicable historic district requirements,
\nzoning, permitted uses and potential future plans for the property.<\/span><\/p>\n

Currently utilized as an income-producing property, 1314 E Atwater Avenue
\noffers investors the opportunity to acquire a high-capacity rental asset in one
\nof Bloomington’s most recognizable campus-area corridors. With eight bedrooms,
\nfinished space on both levels and a location directly along Atwater Avenue, the
\nproperty offers strong fundamentals for continued investment use and long-term
\nownership near Indiana University.<\/span><\/p>\n

The location provides convenient access to Indiana University, the
\nJacobs School of Music, IU academic and medical facilities, Mother Bear’s
\nPizza, restaurants, downtown Bloomington and the broader campus community<\/b>.
\nFor investors seeking real estate where proximity and accessibility are among
\nthe most important assets, 1314 E Atwater Avenue offers a location that is
\ndifficult to replicate.<\/span><\/p>\n

This property is one of seven investment properties at the edge of
\nIndiana University being offered as part of a generational real estate
\nportfolio auction<\/b>. Buyers may pursue this property individually or explore
\nthe strategic opportunity of acquiring multiple properties offered through the
\nsame auction event.<\/span><\/p>\n

Online Bidding Opens:<\/span><\/b> August 27, 2026
\nLive\/Simulcast Auction:<\/b> Thursday, September 3, 2026 at 1:00 PM ET
\nLive Auction Location:<\/b> Bloomington Convention Center, Bloomington,
\nIndiana<\/span><\/p>\n

Eight bedrooms. Direct Atwater Avenue frontage. An established investment
\nproperty in the heart of Bloomington’s Indiana University campus-area market.<\/span><\/b><\/span><\/p>\n

AUCTION LINKS:\u00a0
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