$1,500,000

509 N Washington Street, Bloomington, IN 47408

  • 6 beds |
  • 6 baths |
  • 2,627 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $571/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

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.

Listing Status:
Active
Date Added:
August 4, 2025
Data Last Updated:
July 7, 2026 at 12:59PM
Listing Office:
Brawley Real Estate : 844-254-7368
Listing Agent:
Jeff Brawley : 812-327-5331
MLS ID:
202530690
  • Basement: CrawlPartial Basement
  • A/C: Central Air
  • Heating: Forced Air
  • General: Wood
  • Style: VictorianTwo and Half Story
  • School District: Monroe County Community School Corp.
  • Zoning: BOLLMAN PLACE LOT 1453-05-33-306-044.000-005
  • Water: City
  • Sewer: City

This listing courtesy of Jeff Brawley , Brawley Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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