1. Indiana
  2. Bloomington
  3. 509 N Washington Street
$1,500,000

509 N Washington Street, Bloomington, IN 47408

  • 6 beds |
  • 6 baths |
  • 2,627 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $571/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
August 4, 2025 at 05:00AM
Listing Office:
Brawley Real Estate : 812-336-6888
Listing Agent:
Jeff Brawley : 812-327-5331
MLS ID:
202530690
  • Basement: CrawlPartial Basement
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Jeff Brawley, Brawley Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fairview Elementary School

627 W 8th St, Bloomington, IN, 47404

Grades PK-6

0.39 miles away

T

Tri-North Middle School

1000 W 15th St, Bloomington, IN, 47404

Grades 7-8

0.76 miles away

T

The Academy of Science & Entrepreneurship

444 S Patterson Dr, Bloomington, IN, 47403

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.