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309 SE 2Nd Street Washington, IN $ 1,500,000
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$ 1,500,000 Get more info
309 SE 2Nd Street
$ 1,500,000
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Share Save

309 SE 2Nd Street

Washington, IN, 47501
$ 1,500,000
Bedrooms37 Baths4.0 Sq 3,269

Monthly Estimate*

$ 9,358

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Multi-Family Home for sale in Washington, IN

for $1,500,000 with 37 bedrooms and 4 full baths. This 3,269 square foot home was built in 1890.

Great Cap Rate!! Total Gross Income of over $16,781.00 Monthly. This is a total package 19 rental Units to be sold as one Portfolio all located in Washington IN! Addresses and rents are as followed: 211 S Meridian Street (14-10-34-201-043.000-017): $1550.00, 107 NE 2nd St (14-10-27-403-042.000-017): $1100.00, 601 N St Rd 57 (14-10-27-401-006.000-017): $781.00, 312 N St Rd 57 (14-10-27-401-043.000-017): $3650.00, 308 N St Rd 57 (14-10-27-401-046.000-017) $ 3800.00, 309 SE 2nd St (14-10-34-102-054.000-017): $4200.00, 301 N Meridian St (14-10-27-301-146.000-017): $1700.00. This portfolio is fully operational, with a professional property manager in place! Properties are selling Subject to Tenants Rights.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

37

Full Bath

4

Property Type

Multi-Family

Taxes

$ 21,548

Style

Year Built

1890

Town/City

Washington

County/Region

Daviess

MLS | Web ID

202515227
Features
General
Heating Gas
Cooling Window
Sewer City
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1890
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 2
Township Washington
Class INVESTMENT
Type Other
Age 135
Net Income 185300.44
Rent Income 249372
Features Ceiling Fan Off Street Parking Storage Closet(s) Walk-in Eat-In Kitchen Porch Open Water Heater Gas
REO No
Status Detail 0
Area Daviess County
High School Washington
City Washington
School District Washington Community Schools
Total Sq Ft 4860
Elementary School Washington Community Schools
Middle School Washington
Legal Description PT LOC 131 34-3-7
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202515227
Agent First Name Delmar
Agent Last Name Wagler
DOM 222
Tax Year 2025
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Interior
Basement Full Basement Unfinished
Flooring Finished
Beds 8
Total Number of Units 18
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 8
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 0
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Exterior
Exterior Shingle Vinyl
Pool No
Number of Parking Spaces 4
Lot Size Area 9120
Lot Dimensions 0.21
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Delmar Wagler

Listing Agent

Integrity Realty Group Llc

Broker

delmar@integrityrealtygroup.net

Email

Affordability Calculator

$11,154
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,796
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
3769814 Elementary School
1236214 Middle School
Washington High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/29/2025$1,500,000 -6.25% Price Down
5/28/2025$1,600,000 -19.62% Price Down
4/30/2025$1,990,500 Listed Price

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309 SE 2Nd Street, Washington, IN, 47501 is a Multi-Family Home for sale at $1,500,000 with 3,269 sqft. 309 SE 2Nd Street has 37 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 47501 which is in Washington, IN

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