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316 S Washington Street, 
Warsaw, IN 46580

$360,000

6

Beds

6

Baths

2,836

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

James Bausch, Cell: 574-742-4531

RE/MAX Results

Last updated:

May 27, 2026, 02:52 PM

MLS#

202619931

Source:

Indiana Regional MLS

About This Home

316 S Washington Street

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 11.6% 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!

Home Facts

Multi-Family

6 Baths

6 Bedrooms

Built in 1873

Price Summary

360,000

$126 per Sq. Ft.

MLS #:

202619931

Last Updated:

May 27, 2026, 02:52 PM

Added:

11 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

2,836 Sq. Ft.

Structure

Structure

Architectural Style:

Two Story

Building Area:

3,950 Sq. Ft.

Year Built:

1873

Lot

Lot Size (Sq. Ft):

8,712

Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$126 per Sq. Ft.

Source:Indiana Regional MLS
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.