509 N Washington Street, Bloomington, IN 47408
- $1,500,000
- 6
- BD
- 6
- BA
- 2,627
- SqFt
- List Price
- $1,500,000
- Status
- CONT-ACCPTNGBACKUPOFFERS
- MLS#
- 202530690
- Days on Market
- 357
- Style
- Two and Half Story
- Year Built
- 1925
- Days On Market
- 357
- Bedrooms
- 6
- Bathrooms
- 6
- Living Area
- 2,627
- Above grade
- 2627
- Township
- Bloomington
- Subdivision
- Northeast Bloomington City
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.
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Additional Information
- Acres
- 0.20
- Taxes
- $14,748
- Lot Description
- Level
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Monroe County Community School C
- Elementary School
- University
- Middle School
- Tri-North
- High School
- Bloomington North
- Agent Name
- Jeff Brawley
Listing courtesy of Jeff Brawley from Brawley Real Estate. Office: 844-254-7368
IDX information is provided by the Indiana Regional MLS and is exclusively for the 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 deemed reliable but is not guaranteed accurate by the MLS.
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