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$1,500,000
Listing Price6beds
6baths
2,627sqft
8,712sqft lot
509 N Washington St, Bloomington, IN 47408
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
509 N Washington is a fully leased 6 bed, 6 bath property located in one of Bloomingtons 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.
Interior Details
2627
6
6
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
8712
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$6,053
$64,500
$225,800
--%
$290,300
2018
$6,016
$64,500
$223,400
--%
$287,900
2017
$5,983
$64,500
$221,000
--%
$285,500
2016
$5,467
$64,500
$218,800
--%
$283,300
2016
$5,467
$64,500
$202,000
--%
$266,500
Average Home Price in 47408
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