2316 S Lake Sharon Road Warsaw, IN $ 179,000
2316 S Lake Sharon Road
$ 179,000
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2316 S Lake Sharon Road

Warsaw, IN, 46580
$ 179,000
Bedrooms4 Baths2.0 Sq 2,104

Monthly Estimate*

$ 1,236

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Multi-Family Home for sale in Warsaw, IN

for $179,000 with 4 bedrooms and 2 full baths. This 2,104 square foot home was built in 1967.

Opportunity awaits with this versatile duplex in a fantastic location between Warsaw and Winona Lake, featuring views of Lake Sharon! Originally built as a single-family home, this one-story property offers flexibility for its next owner. Currently configured as two separate units, each featuring 2 bedrooms and 1 full bathroom, the property provides an opportunity to generate rental income or convert back into a single-family residence. Both units are currently occupied by long-term tenants on month-to-month leases, offering immediate income with flexibility for future plans. With both units currently rented below market rates, there is potential to increase rental income and improve the property's overall return. Whether you're an investor looking to expand your portfolio or a buyer interested in creating a single-family home or a way to have a lower mortgage payment, this property offers plenty of possibilities. Conveniently located within 4 miles of the Village at Winona, Grace College, and the Winona Heritage trails, with the added bonus of peaceful water views of Lake Sharon, you don't miss this opportunity!

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Multi-Family Active

Price

$ 179,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,754

Style

Duplex

Year Built

1967

Town/City

Warsaw

County/Region

Kosciusko

MLS | Web ID

202645709

Features
General
Heating Forced Air
Cooling Window
Sewer Septic
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1967
Parking Gravel Off Street
New Construction No
Tenant Pays Cooling Electric Heating Lawn Maintenance Trash Collection
Subdivision None
Style One Story
Stories Count 1
Township Wayne
Class INVESTMENT
Type Duplex
Age 59
Net Income 17664
Rent Income 21000
Features Off Street Parking
REO No
Status Detail 0
Area Kosciusko County
Location City/Town/Suburb
High School Warsaw
City Warsaw
School District Warsaw Community
Total Sq Ft 2104
Elementary School Eisenhower
Middle School Edgewood
Legal Description 3-125-33.Ka Pt W 1/2 Ne 26-32-6 .51A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202645709
Agent First Name Savannah
Agent Last Name Beer
DOM 1
Tax Year 2025
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Interior
Basement Crawl
Flooring Carpet
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 1
Dryer(s) 1
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
Basement Material Block
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Exterior
Exterior Aluminum
Driveway Gravel
Pool No
Number of Parking Spaces 4
Lot Size Area 22216
Lot Dimensions 149X139.2
Lot Description Irregular Level Water View
Fence None
Water Meters 0
Electric Meters 2
Outbuilding None
Water Features None
Gas Meters 2
Waterfront Y/N No
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* Excluded Features
List By
Savannah Beer

Listing Agent

Patton Hall Real Estate

Broker

beerteamre@gmail.com

Email

Affordability Calculator

$1,382
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,236
Monthly Property Taxes
$146
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1236161 Elementary School
1236353 Middle School
Warsaw High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$179,000 Listed Price

Map


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2316 S Lake Sharon Road, Warsaw, IN, 46580 is a Multi-Family Home for sale at $179,000 with 2,104 sqft. 2316 S Lake Sharon Road has 4 bedrooms, 2.0 baths, and was built in 1967. The property's zip code is 46580 which is in Warsaw, IN