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Leased Student Rental Home

223 E 8Th Street Bloomington, IN 47408

223 E 8Th Street, Bloomington, IN, 47408
$799,000
For Sale
$799,000

MULTI_FAMILY - Other - Bloomington, IN

Property Size1,560 SF
Lot Size0.09 Acres
Price / SF$512.18
Days on Market222

Property Features for 223 E 8Th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2
Standard status
Active
APN
53-05-33-300-040.000-005
Size
1,560 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PT OUTLOT 31
Tax Annual Amount
2040

Utilities

Cooling system
Wall Unit(s), Multi Units

Building Details

Year built
1915
Floors in Building
2
Number of units
1
Flooring type
Mixed
Roof type
Shingle
Architectural style
Other
Listing agency Brawley Real Estate
Listed by Jeff Brawley · License #RB14041028
Added: Dec 12, 2025 Updated: Jul 6 at 4:15PM Checked: Jul 22 at 1:06AM
MLS# 202548807

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.


Investment Insights

Based on property information with market context.

This recently updated 5-bedroom, 2-bath home is configured for student-oriented living and includes the improvements expected to support ongoing rental use. The property is listed as a residential income offering and is currently occupied under lease terms reflected in the public remarks.

Located at 223 E 8th Street in Bloomington, Indiana 47408-3525, the home is described as being close to campus within a student rental-focused area. The lot size is 0.09 acres, and the property size is listed at 1,560 square feet.

For buyers seeking a leased residential income property, the existing occupancy provides immediate income context. Public remarks state the home is currently leased at $5,500 per month and is scheduled to increase to $6,050 per month in August 2026, offering a clear, time-specific rent step within the current lease structure. Prospective tenants and operators should review lease documents for details and confirm all terms prior to underwriting or closing.

Key Highlights

  • 5‑bedroom, 2‑bath home in a student rental location close to campus
  • Currently leased at $5,500 per month, increasing to $6,050 per month in August 2026
  • Basement plus 5 bedrooms and 2 bathrooms total

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Electrical Service Locksmith Plumbing Service Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Nursing Home Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Recently updated 5-bedroom, 2-bath home currently leased with scheduled rent increase in 2026.
Where is this single family property located?
The property is located at 223 E 8Th Street Bloomington, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 5‑bedroom, 2‑bath home in a student rental location close to campus; Currently leased at $5,500 per month, increasing to $6,050 per month in August 2026; Basement plus 5 bedrooms and 2 bathrooms total
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