509 N Washington St, Bloomington, IN 47408-3453

$1,475,000
6
BD
6
BA
2,627
SqFt

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Listing courtesy of Jeff Brawley from Brawley Real Estate. Office: 844-254-7368

Selling Office: NonMember BL.

Sold Price
$1,475,000
List Price
$1,500,000
Status
CLOSED
MLS#
202530690
Closing Date
Sep 04, 2026
Style
Victorian
Year Built
1925
Days On Market
Unknown
Bedrooms
6
Bathrooms
6
Living Area
2,627
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.

Additional Information

Acres
0.20
Taxes
$14,748
Lot Features
Level
Water
City
Heating
Forced Air
Cooling
Central Air
School District
Monroe County Community School Corp.
Elementary School
University
Middle School
Tri-North
High School
Bloomington North
Agent Name
Jeff Brawley

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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