509 N Washington Street

Bloomington, IN 47408-3453MLS# 202530690

Site-Built Home

$1,500,000

Active

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.

Property Features

Interior Features

Above Grade Finished SqFt:2,627

Full Baths:6

Fireplace Description:Yes

Exterior Features

Has a Pool:No

Additional Information

Property Type:Site-Built Home

Year Built:0

Status:Active

Listing Office:Brawley Real Estate

Listing Agent:Jeff Brawley

Key details

Beds:6

Baths:6 full

Sqft:2,627

Status:Active

Year Built:0

Type:Site-Built Home

Schedule a Tour Call / Text: 765-210-9275

IDX information provided by the Indiana Regional MLS.

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Listing attribution: Brawley Real Estate • Jeff Brawley

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