$1,500,000
For Sale

509 Washington Street

Bloomington, IN 47408
2627 sqft | 6 beds | 6 baths | #202530690
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeSite-Built Home
      • CountyMonroe County
      • MLS #202530690
      • MLS #202530690
      • Property TypePurchase
      • Price Per Sqft$632,000
      • Cost1500000
      • Square Feet2627
      • Year Built1925
      • Bedrooms6
      • Bathrooms6

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IDX information is provided exclusively for 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.

Last Updated: . Source: IRMLS

Listing Courtesy
Listing Agent: Jeff Brawley, Phone: (812) 336-6888, Email: jeff.brawley@homefinder.org
Listing Office: Brawley Real Estate

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for 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.

    IDX information is provided exclusively for 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.