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Student-Ready Rental Home

420 N Lincoln Street Bloomington, IN 47408

420 N Lincoln Street, Bloomington, IN, 47408
$525,000
For Sale
$525,000

MULTI_FAMILY - Bloomington, IN

Property Size988 SF
Lot Size0.09 Acres
Price / SF$531.38
Days on Market244

Property Features for 420 N Lincoln Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Basement, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
Parking
2
Basement
Block
Standard status
Active
APN
53-05-33-300-003.000-005
Size
988 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
013-29180-00 OUTLOT PT 28 (28E)

Utilities

Cooling system
Central Air

Building Details

Year built
1930
Floors in Building
1
Number of units
1
Flooring type
Mixed
Architectural style
Other
Listing agency Brawley Real Estate
Listed by Jeff Brawley · License #RB14041028
Added: Nov 21, 2025 Updated: Jul 6 at 3:58PM Checked: Jul 23 at 5:06AM
MLS# 202546971

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 three-bedroom, two-bath single-family home includes a spacious living area and a layout designed to support student-style occupancy. The exterior features a front porch that provides an additional usable outdoor space. The home is operating as a rented property with lease income already in place.

Located at 420 N Lincoln Street in Bloomington, Indiana, the property is described as being just steps from IU Campus and situated within a student housing area. The current rental terms run through July 2026, with monthly rent increasing in August 2026 as stated in the listing.

For buyers seeking an income-producing residential property, this home offers a straightforward configuration with three bedrooms and two bathrooms, along with an existing lease that extends through July 2026. The provided rent schedule gives prospective owners clear near-term expectations for cash flow during the active term. The front porch and comfortable interior layout round out the day-to-day functionality for occupants, supporting a practical fit for investors and operators focused on student housing.

Key Highlights

  • 3‑bedroom, 2‑bath home with basement and central air
  • Rented for $3,150/month through July 2026; rent increases to $3,465/month in August 2026
  • Flooring is listed as mixed

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Electrical Service Locksmith Plumbing Service Veterinary Clinic Butcher Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Home Appliance Store

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

FAQs

What type of property is this?
Single family property - Three-bedroom, two-bath rental with a porch, currently leased with income through July 2026.
Where is this single family property located?
The property is located at 420 N Lincoln Street Bloomington, IN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home with basement and central air; Rented for $3,150/month through July 2026; rent increases to $3,465/month in August 2026; Flooring is listed as mixed
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