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Showcase Indiana Real Estate
509 N Washington St, Bloomington, IN 47408-3453
- $1,475,000
- 6
- BD
- 6
- BA
- 2,627
- SqFt
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. 