316 S Washington Street, Warsaw, IN 46580
Local realty services provided by:ERA Crossroads
Listed by: james bauschCell: 574-742-4531
Office: re/max results
MLS#:202619931
Source:Indiana Regional MLS
Price summary
- Price:$360,000
- Price per sq. ft.:$91.14
About this home
This 6-unit brick investment property offers an excellent opportunity to grow your portfolio with strong income potential and recent updates already in place! Over the last 18 months, many improvements have been completed throughout the property, including updated paint, durable and easy-to-maintain LVP flooring, new roof, and more. Five units feature 1 bedroom and 1 bathroom with practical layouts designed for comfortable everyday living and an efficiency unit rounds out the property. Investors will appreciate the attractive 12.94% CAP rate along with the low-maintenance brick exterior. Conveniently located near Downtown Warsaw, tenants can enjoy easy access to local shopping, restaurants, parks, and other amenities. Whether you’re looking to expand your rental portfolio or step into multifamily investing, this property offers strong returns and upside potential!
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Home facts
- Year built:1873
- Subdivision & Development:Hood & Britton
- Listing ID #:202619931
- Added:80 day(s) ago
- Updated:August 14, 2026 at 03:37 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Vinyl
- Kitchen Description:Eat-In Kitchen
- Basement Description:Crawl, Partial Basement
- Living area:2,836 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1873
- Building area:2,836 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Corner
- Architectural Style:Two Story
- Construction Materials:Brick
- Levels:2 Stories
Schools
- High school:Warsaw
- Middle school:Edgewood
- Elementary school:Washington
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$91.14
- Tax amount:$3,080
Parking
- Garage spaces:1
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