424 N Lincoln Street Bloomington, IN ^$ 795,000

424 N Lincoln Street

^$ 795,000

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424 N Lincoln Street

Bloomington, IN, 47408

^$ 795,000

Bedrooms4 Baths2.0 Sq 1,992

Monthly Estimate*

^$ 4,960

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424 N Lincoln Street, Bloomington, IN 47408 - Image 17

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Multi-Family Home for sale in Bloomington, IN

for $795,000 with 4 bedrooms and 2 full baths. This 1,992 square foot home was built in 1940.

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.

Multi-Family Active

Price

^$ 795,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,750

Style

Year Built

1940

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202546968

Features

General

Heating Gas Forced Air

Cooling Central Air

Sewer City

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1940

New Construction No

Tenant Pays Electric Fuel Sewer Trash Collection Water

Subdivision Northeast Bloomington City

Style One Story

Stories Count 1

Township Bloomington

Class INVESTMENT

Type Other

Age 85

Net Income 51649.08

Rent Income 62400

Features Basement Off Street Parking

REO No

Status Detail 0

Area Monroe County

High School Bloomington North

City Bloomington

School District Monroe County Community School C

Total Sq Ft 1992

Elementary School University

Middle School Tri-North

Legal Description PT OUTLOT 28

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202546968

Agent First Name Jeff

Agent Last Name Brawley

DOM 24

Tax Year 2025

Interior

Basement Full Basement Finished

Flooring Mixed

Beds 5

Total Number of Units 1

Microwaves 1

Refrigerators 1

Washers 1

Dryer(s) 1

Dishwasher(s) 1

Disposal(s) 1

Above Grade Bedrooms 3

Below Grade Baths 1

Below Grade Bedrooms 2

Total Rooms Below Grade 3

Ranges/Ovens 1

W/D Hookups 1

Basement Material Block

Exterior

Exterior Brick

Pool No

Number of Parking Spaces 2

Lot Size Area 3485

Lot Dimensions .08

Lot Description Level

Outbuilding None

Waterfront Y/N No

* Excluded Features

List By

Jeff Brawley

Listing Agent

Brawley Real Estate

Broker

jeff.brawley@homefinder.org

Affordability Calculator

$5,856

Per Month

Monthly Principal & Interest: $4,960
Monthly Property Taxes: $896
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bloomington, IN

Average List Price ^$840,342

Percent of Sale Price 6%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1235846 Elementary School

1235877 Middle School

Bloomington North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/21/2025	$795,000		Listed Price

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424 N Lincoln Street, Bloomington, IN, 47408 is a Multi-Family Home for sale at $795,000 with 1,992 sqft. 424 N Lincoln Street has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 47408 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/16/2025.

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424 N Lincoln Street

Multi-Family Home for sale in Bloomington, IN

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