509 N Washington Street, Bloomington, IN 47408

Local realty services provided by:ERA First Advantage Realty, Inc.
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509 N Washington Street,Bloomington, IN 47408
$1,150,000
Virtual Tour
  • 6 Beds
  • 6 Baths
  • 2,627 sq. ft.
  • Single family
  • Active
Listed by:jeff brawleyOffice: 812-336-6888
Office:brawley real estate
MLS#:202530209
Source:Indiana Regional MLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$437.76

About this home

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.

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Home facts

  • Year built:1925
  • Listing Id #:202530209
  • Added:1 day(s) ago
  • Updated:August 01, 2025 at 08:48 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:2,627 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Building area:2,627 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Bloomington North
  • Middle school:Tri-North
  • Elementary school:University

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$437.76
  • Tax amount:$14,748
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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