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Courtesy of RE/MAX Results, James Bausch, Cell: 574-742-4531
6 Beds
6 Baths
2,836 sqft

$360,000

316 S Washington Street, Warsaw IN, 46580-4348

Price per sqft$126.94
Built in1873
Property size2,836 sqft
Property typeMulti-family

Overview

Active

Updated 7 days ago

*Back on the market at no fault of seller* 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!

$2,395/mo

Est. mortgage payment based on a $360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202619931

Interior Features

Bedrooms
6
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$4,641
Tax Frequency
Annually
Pets Allowed
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Based on information submitted to the MLS GRID as of 10/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 5:11 AM UTC, 10/3/2026

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