Listed with Jeff Brawley, Brawley Real Estate, Office: 812-336-6888

Price $1,500,000
Status Active
Beds 6
Baths 6 Baths
Home size 2,627 sqft
Lot Size 8,712 sqft
Days on Market 215
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 Type(s): Single Family
Last Updated 8/4/2025 Tract Northeast Bloomington City
Year Built 1925 County Monroe

SCHOOLS

School District Monroe County Community School C
Elementary School University
Jr. High School Tri-North
High School Bloomington North

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Crawl Space, Partial, Yes
CONSTRUCTION Wood Siding
HEAT Forced Air
LOT 8712 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 62X143
SEWER Public Sewer
STORIES 2
STYLE Victorian
SUBDIVISION Northeast Bloomington City
TAXES 14748
WATER Public
Listed with Jeff Brawley, Brawley Real Estate, Office: 812-336-6888
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Last Updated On: 3/6/26 11:20 PM PST
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