509 N Washington Street, Bloomington, IN 47408

Bloomington
Local realty services provided by:Better Homes and Gardens Real Estate Connections
509 N Washington Street,Bloomington, IN 47408
$1,500,000
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 2,627 sq. ft.
  • Single family
  • Active
Listed by: jeff brawleyOffice: 844-254-7368
Office: brawley real estate
MLS#:202530690
Source:Indiana Regional MLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$570.99

About this home

509 N Washington is a fully leased 6 bed, 6 bath property located in one of Bloomington’s most desirable student rental areas, just steps from IU campus and Kirkwood Avenue. Currently generating $8,100/month from August 2025 to July 2026, rent increases to $8,910/month for the following lease term August 2026-July 2027. With off-street parking, a prime location, and high demand from large student groups, the property is already preleased two years in advance. This is a rare investment opportunity offering strong returns and long-term stability in the heart of IU student housing.

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Home facts

  • Year built:1925
  • Listing ID #:202530690
  • Added:295 day(s) ago
  • Updated:May 27, 2026 at 02:52 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:14
  • Basement Description:Crawl, Partial Basement
  • Living area:2,627 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Building area:2,627 sq. ft.
  • Lot area:0.2 Acres
  • Lot Features:Level
  • Architectural Style:Two and Half Story, Victorian
  • Construction Materials:Wood
  • Levels:2 1/2 Stories

Schools

  • High school:Bloomington North
  • Middle school:Tri-North
  • Elementary school:University

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$570.99
  • Tax amount:$14,748

Features and amenities

  • Laundry features:On Upper Level
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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