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Map

Directions

Heading South on IN 15, turn right on E Winona Ave, turn right onto S Columbia St, Property is on the right.

Description

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!

Details

  • Property Details

  • MLS #:
    202619931
  • Price
    $360,000
  • Bedrooms
    6
  • Baths Total
    6
  • Full Baths
    6
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.2
  • Approx. Lot Size SqFt
    8,712
  • Class
    Investment
  • DOM
    17
  • Lot Dimensions
    66X132
  • New Construction
    No
  • Parcel ID#
    43-11-08-300-247.000-032
  • Property Sub-Type
    Sixplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Hood & Britton
  • Total Finished SqFt
    2,836
  • Total SqFt
    3,950
  • Year Built
    1873
  • Zip
    46580-4348
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: June 12 2026, 7:43 AM

Listing courtesy of: James Bausch, RE/MAX Results

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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