509 N Washington Street Active Save Request In-Person Tour Request Virtual Tour
Bloomington,IN 47408-3453
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,627 sqft
Price per Sqft $570
Subdivision Northeast Bloomington City
MLS Listing ID 202530690
Style Two and Half Story
Bedrooms 6
Full Baths 6
Year Built 1925
Annual Tax Amount $14,748
Tax Year 2024
Lot Size 8,712 Sqft
Property Sub-Type Site-Built Home
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.
Location
State IN
County Monroe County
Area Monroe County
Interior
Heating Forced Air
Cooling Central Air
Laundry Upper
Building
Lot Description Level
Story 2.5
Foundation Crawl,Partial Basement
Sewer City
Water City
Structure Type Wood
New Construction No
Schools
Elementary Schools University
Middle Schools Tri-North
High Schools Bloomington North
School District Monroe County Community School Corp.
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202530690