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316 S Washington Street Warsaw, IN $ 360,000
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$ 360,000 Get more info
316 S Washington Street
$ 360,000
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316 S Washington Street

Warsaw, IN, 46580
$ 360,000
Bedrooms5 Baths6.0 Sq 2,836

Monthly Estimate*

$ 2,217

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Multi-Family Home for sale in Warsaw, IN

for $360,000 with 5 bedrooms and 6 full baths. This 2,836 square foot home was built in 1873.

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 11.6% 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 youre looking to expand your rental portfolio or step into multifamily investing, this property offers strong returns and upside potential!

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Multi-Family Active

Price

$ 360,000

Bedrooms

5

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,641

Style

Sixplex

Year Built

1873

Town/City

Warsaw

County/Region

Kosciusko

MLS | Web ID

202619931
Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 6
Half Baths 0
Bathrooms 6
Year Built 1873
New Construction No
Tenant Pays Electric
Subdivision Hood & Britton
Style Two Story
Stories Count 2
Township Wayne
Class INVESTMENT
Type Sixplex
Age 153
Net Income 41708.7
Rent Income 62868
Features Off Street Parking Eat-In Kitchen
REO No
Status Detail 0
Area Kosciusko County
High School Warsaw
City Warsaw
School District Warsaw Community
Total Sq Ft 3950
Elementary School Washington
Middle School Edgewood
Legal Description 4-43-125 LOT 339 HOOD & BRITTON ADD AKA CITY OF WARSAW
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202619931
Agent First Name James
Agent Last Name Bausch
DOM 1
Tax Year 2026
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Interior
Basement Crawl Partial Basement
Flooring Carpet Vinyl
Beds 6
Total Number of Units 6
Microwaves 0
Refrigerators 6
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 6
W/D Hookups 0
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Exterior
Exterior Brick
Pool No
Number of Parking Spaces 6
Lot Size Area 8712
Lot Dimensions 66X132
Lot Description Corner 0-2.9999
Water Meters 1
Electric Meters 6
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
James Bausch

Listing Agent

Re/Max Results

Broker

jamesbausch@gmail.com

Email

Affordability Calculator

$2,603
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1236766 Elementary School
1236353 Middle School
Warsaw High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2026$360,000 Listed Price

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316 S Washington Street, Warsaw, IN, 46580 is a Multi-Family Home for sale at $360,000 with 2,836 sqft. 316 S Washington Street has 5 bedrooms, 6.0 baths, and was built in 1873. The property's zip code is 46580 which is in Warsaw, IN

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