509 N Washington Street, Bloomington, IN 47408
Local realty services provided by:Better Homes and Gardens Real Estate Connections
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:102 day(s) ago
- Updated:November 15, 2025 at 06:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- 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
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
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