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.
Listed By
Agency Name: Brawley Real Estate
Agency Contact: Office: 844-254-7368
Agent Name: Jeff Brawley
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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509 N Washington Street | MLS# 202530690
This single family home located at 509 N Washington Street, Bloomington, IN 47408 is currently listed for sale with an asking price of $1,500,000. This property was built in 1925 and has 6 bedrooms and 6 full baths with 2627 sq. ft. N Washington Street is located in the Northeast Bloomington City subdivision within the Monroe County Community School Corp. school district. Search Northeast Bloomington City real estate on www.coldwellbanker1stchoice.com today.