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    424 N Lincoln St Bloomington, IN 47408

    For Sale
    $795,000

    Other - Bloomington, IN

    Property size:
    1,992 SF
    Lot size:
    0.08 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 424 N Lincoln St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    53-05-33-300-013.000-005
    Exterior features
    Basement, Off Street Parking, None
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Washer
    Size
    1,992 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    Brawley Real Estate (812) 336-6888 [email protected]

    Listing agent Jeff Brawley (844) 254-7368 License #RB14041028

    Listing date Nov 21, 2025

    MLS# 202546968 Listing URL

    Copyright © 2025 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.

    Overview

    Investment Property Near IU Campus

    This spacious five-bedroom, two-bathroom home is located steps from IU Campus, making it a suitable investment property and student rental. The property 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. Situated on a lot of 0.08 acres, the property encompasses 1992 square feet. This income-producing property is located in a desirable student housing area. The property is located in Bloomington, Monroe County, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.530824
    Latitude
    39.170352

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    FAQs

    What type of property is this?
    Single family property - Spacious five-bedroom home near IU, leased through July 2026.
    Where is this single family property located?
    The property is located at 424 N Lincoln St Bloomington, IN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Prime location steps from IU Campus; - Leased through July 2026 at $5,200/month, increasing to $5,720/month in August 2026; - Strong, reliable income-producing property
    (844) 254-7368
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    424 N Lincoln St Bloomington, IN 47408
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