$410,000
Investor opportunity! This multi-unit property is a fantastic addition to any portfolio, offering three residential apartment units and one large workshop/garage unit with office space—all within walking distance to vibrant downtown Warsaw. Enjoy close proximity to shopping, dining, and community events, with Central Park and Center Lake just around the corner. Tenants can take advantage of the Friday night concert series, playgrounds, and even kayak rentals! Apartment A is a spacious 4 bedroom, 2 bath unit that was completely remodeled down to the studs in 2020, featuring updated plumbing, electrical, and a new back deck added in 2023. The large primary bedroom includes an en-suite bath and direct access to the deck—perfect for relaxing evenings outdoors. Apartment B is a 1 bedroom, 1 bath unit, while Apartment C offers 2 bedrooms, 1 bathroom with a jetted tub, and new flooring installed in 2021. Each unit includes a generous kitchen with ample cabinetry and its own washer and dryer—providing ultimate convenience for tenants. The fourth unit is a versatile 40’x30’ garage with 15’ ceilings and a 12’ door WITH two offices - ideal for rental space to a contractor needing office, workshop, and storage space. The property had a partial roof replacement in 2021 and a new sewer line installed in 2022. Utilities are billed back to tenants, and all three apartments are currently rented. Don’t miss this well-maintained, income-producing property with plenty of potential in a prime location!
From N Detroit St, turn right onto E Ft Wayne St, turn right onto N Washington St, property is on the left.
MLS # | 202521826 |
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Date Listed | 2025-06-09 |
Status | Active |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 5558 sqft |
Total Square Feet | 5746 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 7 |
Bathrooms | 4 |
Annual Taxes | $2,466.15 |
Year Taxes Payable | 2025 |
Year Built | 1890 |
Virtual Tour | propertypanorama.com » |
Days on Market | 124 |
Living Room | 1 × 0 | Level |
Dining Room | 1 × 1700 | Level |
Family Room | 925 × 1150 | Level |
Kitchen | 800 × | Level |
4th Bedroom | 3 × 1 | Level |
5th Bedroom | 3 × 3 | Level |
Extra Room | 3 × 3 | Level |
Full Baths | 5 Main, 5 Upper |
Half Baths | 2 Main, 1 Upper |
Construction | Fourplex |
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Lot Size | 8,712 sq ft |
Acreage | 0.20 Acres |
Lot Dimensions | 66X132 |
Fence | None |
Area | Kosciusko County |
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County | Kosciusko |
Subdivision | Hood & Britton |
Township | Wayne |
City | Warsaw |
State | IN |
Zip | 46580 |
School District | Warsaw Community |
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Elementary | Washington |
Middle School | Edgewood |
High School | Warsaw |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202521826
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of James Bausch
RE/MAX Results- Warsaw
Cell: 574-742-4531
Listing updated July 31, 2025 at 2:15 pm
Last checked 4 minutes ago