981 E Washington Street Rensselaer, IN $ 499,900
981 E Washington Street
$ 499,900
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981 E Washington Street

Rensselaer, IN, 47978
$ 499,900
Bedrooms12 Baths6.0

Monthly Estimate*

$ 3,119

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Multi-Family Home for sale in Rensselaer, IN

for $499,900 with 12 bedrooms and 6 full baths. This home was built in 1967 on a lot size of 0.52.

Rare Opportunity for this very well maintained 6 UNIT INCOME PROPERTY in Rensselaer. Across from Van Rensselaer schools. 4040 SF building. Each unit has a living room, eating area, kitchen with gas stove and fridge, 2 bedrooms with hardwood floors, and 1 bath. Each has its own newer boiler for hot water heat, newer window ac unit that is a combination unit with heat on those mornings you need to just knock of the chill without turning on the boiler. The complex has recent updates including new 50 year GAF shingles in 2013, new hot water heaters in 2024, Boilers, fridges and stoves have all been replaced within 10 years. The common laundry has coin operated units including 2 washers, 2 dryers, and a sink. Each unit has a cabinet for their laundry items. Seller pays for the utilities for common laundry only.

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Multi-Family Pending

Price

$ 499,900

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 2,265

Style

Apartment

Lot Size

0.52

Year Built

1967

Town/City

Rensselaer

County/Region

Jasper

MLS | Web ID

829313

Features
Interior
Interior Amenities Ceiling Fan(s)
Fireplace Y/N N
Above Grade Finished Area 4040
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup Washer Hookup Sink Main Level Laundry Room
Total Bedrooms 12
Total Baths 6
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General
Sewer Public Sewer
Heating Central Individual Unit Unit Control Natural Gas Hot Water
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Washer Range Hood Refrigerator Gas Water Heater Gas Range
Patio/Porch Features Front Porch Rear Porch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Pets Allowed No
Year Built 1967
View Neighborhood
Township Marion
Levels One
Property Subtype Apartment
Tax Year 2024
County Jasper
Insurance Expense 3428
New Construction N
Property Type Residential Income
HOA N
Subdivision Name none
Garage Y/N N
Rent Includes None
Total Rooms 30
Full Baths 6
Status Pending
Directions US 231 to Washington Street east 6 blocks to complex.
City Rensselaer
High School District Rensselaer Central
Lot Size Square Feet 22651
Listing Terms Cash Conventional
Tax Annual Amount 2265
Electric Expense 400
Lease Considered Y/N N
Standard Status Pending
Tax Assessed Value 192100
Legal Description PT W SIDE NW 29 29 6 .52A (APT)
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Exterior
Exterior Amenities Rain Gutters
Parking Features Asphalt
Lot Features Rectangular Lot
Water Source Public
Total Parking 8
Lot Size Acres 0.52
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
JoAnn McElfresh

Listing Agent

Jenkins, Realtors, Inc.

Broker

jenkins4homes@yahoo.com

Email

Affordability Calculator

$3,307
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
$189
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
4001663 Elementary School
4001603 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$499,900 Listed Price

Map


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981 E Washington Street, Rensselaer, IN, 47978 is a Multi-Family Home for sale at $499,900 with a lot size of 0.52. 981 E Washington Street has 12 bedrooms, 6.0 baths, and was built in 1967. The property's zip code is 47978 which is in Rensselaer, IN