# 509 N Washington Street, Bloomington, IN 47408-3453

> **TL;DR:** 6bd/6ba single family, $1,500,000 ($571/sqft), built 1925, 2,627 sqft. Est. $6,500/mo. Listed 249 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $571 |
| Bedrooms | 6 |
| Bathrooms | 6 full |
| Square Feet | 2,627 |
| Year Built | 1925 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 249 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Nearby Schools

- **Elementary:** University
- **Middle:** Tri-North
- **High:** Bloomington North

## Property Highlights

- Built in 1925
- 0.20 acre lot
- 2.5 stories

## Description

### Agent 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

- **Address:** 509 N Washington Street, Bloomington, IN 47408-3453
- **County:** Monroe County
- **Neighborhood:** Northeast Bloomington City
- **Coordinates:** 39.170771, -86.532589
- **Google Maps:** https://www.google.com/maps?q=39.170771,-86.532589

## Listing Agent

- **Name:** Jeff Brawley
- **Brokerage:** Brawley Real Estate
- **Phone:** 8123275331
- **Email:** jeff.brawley@homefinder.org

## Primary Photo

![509 N Washington Street - Primary Photo](http://lh.rdcpix.com/9a3a99742f0f31eb6fa87be0d96b16d6l-f2927972153r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/509-n-washington-street-bloomington-in-47408-3453-02530690)*

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**MLS#:** 202530690 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/509-n-washington-street-bloomington-in-47408-3453-02530690)

---

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