415 N Washington Street, Warsaw, IN 46580

Local realty services provided by:CENTURY 21 Scheetz
415 N Washington Street,Warsaw, IN 46580
$350,000
  • 7 Beds
  • 4 Baths
  • 5,558 sq. ft.
  • Multi-family
  • Active
Listed by: james bauschCell: 574-742-4531
Office: re/max results
MLS#:202637922
Source:Indiana Regional MLS

Price summary

  • Price:$350,000
  • Price per sq. ft.:$60.91

About this home

Investor opportunity with a CAP rate over 12%! This income-producing multi-unit property is a fantastic addition to any portfolio, offering three residential apartment units plus a large workshop/garage unit with office space - all within walking distance of vibrant downtown Warsaw. The location adds even more appeal for tenants, with shopping, dining, community events, Central Park, and Center Lake just around the corner. Enjoy easy access to the Friday night concert series, playgrounds, kayak rentals, and more. Apartment A is a spacious 4 bedroom, 2 bath unit that was completely remodeled down to the studs in 2020, including updated plumbing and electrical. A new back deck was added in 2023, and the large primary bedroom features an en-suite bath and direct deck access. AND a brand new mini-split just installed! Apartment B offers 1 bedroom and 1 bathroom, while Apartment C features 2 bedrooms, 1 bathroom with a jetted tub, and new flooring installed in 2021. Each apartment includes...

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Home facts

  • Year built:1890
  • Subdivision & Development:Hood & Britton
  • Listing ID #:202637922
  • Added:1 day(s) ago
  • Updated:September 16, 2026 at 04:46 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Vinyl
  • Basement Description:Full Basement, Partially Finished
  • Living area:5,558 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Asphalt
  • Year built:1890
  • Building area:5,558 sq. ft.
  • Lot area:0.2 Acres
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Exterior Features:Porch Covered
  • Levels:2 Stories

Schools

  • High school:Warsaw
  • Middle school:Edgewood
  • Elementary school:Washington

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$60.91
  • Tax amount:$2,466

Features and amenities

  • Laundry features:Washer Hook-Up
  • Amenities:Built-In Bookcase, Ceiling Fan, Storage, Water Heater Gas

Parking

  • Garage spaces:1
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.