Located just steps from IU Campus, this spacious five bedroom, two bathroom home is the perfect investment property & student rental. The home is currently leased for $5,200 per month through July 2026, with rent increasing to $5,720 per month beginning August 2026. All leases are joint and include guarantors for each student. This is a strong, reliable income producing property in the most desirable student housing area in Bloomington.
Active
$795,000
424 N Lincoln St, Bloomington, IN 47408
5beds
1,992sqft
Multi Family
Built in 1940
-- sqft lot
$764,700 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious five bedroomTwo bathroom home
- 233 days |
- 159 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Brawley Office:844-254-7368,
Brawley Real Estate
Source: IRMLS,MLS#: 202546968
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Flooring: Mixed
- Basement: Full,Finished,Block
Interior area
- Total structure area: 1,992
- Total interior livable area: 1,992 sqft
- Finished area above ground: 996
- Finished area below ground: 996
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Street Parking
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,484 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: 530533300013.000005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Northeast Bloomington City
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $524,000
- Annual tax amount: $10,750
- Date on market: 11/21/2025
- Inclusions: Building, Lease
- Lease term: 12 Months
- Total actual rent: 62400
- Tenant pays: Electricity, Fuel, Sewer, Trash Collection, Water
Estimated market value
$764,700
$726,000 - $803,000
$4,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listing removed | $6,580$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/21/2025 | Listed for sale | $795,000 |
Source:  IRMLS #202546968 Report a problem | ||
| 7/17/2025 | Price change | $6,580+4.6%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2025 | Price change | $6,290+10%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2024 | Listed for rent | $5,720+10%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/31/2023 | Listed for rent | $5,200+38.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/30/2020 | Listing removed | $3,750$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/28/2020 | Listed for rent | $3,750$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/19/2019 | Listing removed | $3,750$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2019 | Listed for rent | $3,750$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/25/2019 | Listing removed | $3,750$2/sqft |
Source: Brawley Property Management Report a problem | ||
| 12/28/2018 | Listed for rent | $3,750$2/sqft |
Source: IU Homes - Brawley Property Management Report a problem | ||
| 11/12/2018 | Listing removed | $3,750$2/sqft |
Source: IU Homes (Brawley Property Management) Report a problem | ||
| 7/1/2018 | Listed for rent | $3,750$2/sqft |
Source: IU Homes (Brawley Property Management) Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,751 +1.4% | $524,000 |
| 2024 | $10,603 +11.6% | $524,000 +4.8% |
| 2023 | $9,504 +3.3% | $499,800 +6.7% |
| 2022 | $9,203 +6.9% | $468,400 +5.7% |
| 2021 | $8,609 -3.6% | $443,000 +6.2% |
| 2020 | $8,932 +4.2% | $417,200 -1.8% |
| 2019 | $8,569 +0.1% | $424,800 +4.5% |
| 2018 | $8,564 +34.9% | $406,600 +0.3% |
| 2017 | $6,348 | $405,500 -0.9% |
| 2016 | $6,348 -0.4% | $409,000 +33.8% |
| 2014 | $6,376 +5.6% | $305,700 +5.1% |
| 2013 | $6,038 +1.6% | $290,800 -1.2% |
| 2012 | $5,945 +2.7% | $294,400 -1.3% |
| 2011 | $5,787 +1.6% | $298,400 +2% |
| 2010 | $5,698 +17.3% | $292,600 +11.9% |
| 2009 | $4,859 +11% | $261,500 +7.3% |
| 2007 | $4,378 | $243,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Old Northeast Downtown
Nearby schools
GreatSchools rating
- 9/10University Elementary SchoolGrades: PK-6Distance: 2.6 mi
- 7/10Tri-North Middle SchoolGrades: 7-8Distance: 1 mi
- 9/10Bloomington High School NorthGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: University
- Middle: Tri-North
- High: Bloomington North
- District: Monroe County Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $525,0003 bd2 ba988 sqft420 N Lincoln St, Bloomington, IN 47408For Sale
- $1,132,5002 bd1 ba1k sqft416 N Lincoln St, Bloomington, IN 47401Off Market
- $1,0251 bd1 ba-- sqft416 N Lincoln St #4, Bloomington, IN 47408For Rent
- $9251 bd1 ba-- sqft416 N Lincoln St APT 3, Bloomington, IN 47408For Rent
- $4,2505 bd2 ba-- sqft416 N Lincoln St #416.5, Bloomington, IN 47408For Rent
- $1,2002 bd1 ba1.2k sqft416 N Lincoln St APT 7, Bloomington, IN 47408For Rent
- $1,3001 bd1 ba-- sqft416 N Lincoln St APT 1, Bloomington, IN 47408For Rent
- $1,0751 bd1 ba600 sqft416 N Lincoln St APT 2, Bloomington, IN 47408For Rent
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Indiana
- Monroe County
- Bloomington
- 47408
- Old Northeast Downtown
- 424 N Lincoln St
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