420 N Lincoln Street Bloomington, IN $ 525,000
420 N Lincoln Street
$ 525,000
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420 N Lincoln Street

Bloomington, IN, 47408
$ 525,000
Bedrooms3 Baths2.0 Sq 988

Monthly Estimate*

$ 3,275

420 N Lincoln Street, Bloomington, IN 47408 - Image 1
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Multi-Family Home for sale in Bloomington, IN

for $525,000 with 3 bedrooms and 2 full baths. This 988 square foot home was built in 1930.

This charming three bedroom, two bathroom home sits just steps from IU Campus in one of Bloomingtons most sought after student housing areas. The property is rented for $3,150 per month through July 2026, with rent increasing to $3,465 per month in August 2026. Inside, the home offers a spacious living area and a comfortable layout that works well for student living. Outside, youll find a welcoming front porch that adds extra appeal and usable outdoor space. With strong rental history and lease income in place, this is an excellent opportunity to own a reliable, income producing property in a prime location near campus.

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Multi-Family Active

Price

$ 525,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,569

Style

Year Built

1930

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202546971

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1930
New Construction No
Tenant Pays Electric Fuel Sewer Water
Subdivision Northeast Bloomington City
Style One Story
Stories Count 1
Township Bloomington
Class INVESTMENT
Type Other
Age 95
Net Income 31230.46
Rent Income 37800
Features Basement
REO No
Status Detail 0
Area Monroe County
High School Bloomington North
City Bloomington
School District Monroe County Community School C
Total Sq Ft 1976
Elementary School University
Middle School Tri-North
Legal Description 013-29180-00 OUTLOT PT 28 (28E)
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202546971
Agent First Name Jeff
Agent Last Name Brawley
DOM 24
Tax Year 2025
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Interior
Basement Full Basement Unfinished
Flooring Mixed
Beds 3
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 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 1
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Brick Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 3920
Lot Dimensions .09
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Jeff Brawley

Listing Agent

Brawley Real Estate

Broker

jeff.brawley@homefinder.org

Email

Affordability Calculator

$3,823
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$547
Monthly 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
1235846 Elementary School
1235877 Middle School
Bloomington North High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$525,000 Listed Price

Map


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420 N Lincoln Street, Bloomington, IN, 47408 is a Multi-Family Home for sale at $525,000 with 988 sqft. 420 N Lincoln Street has 3 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 47408 which is in Bloomington, IN