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Map

Directions

From N Detroit St, turn right onto E Ft Wayne St, turn right onto N Washington St, property is on the left.

Description

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!

Details

  • Property Details

  • MLS #:
    202521826
  • Price
    $429,900
  • Bedrooms
    7
  • Baths Total
    4
  • Full Baths
    4
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.2
  • Approx. Lot Size SqFt
    8,712
  • Class
    Investment
  • DOM
    2
  • Lot Dimensions
    66X132
  • New Construction
    No
  • Parcel ID#
    43-11-08-400-466.000-032
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Hood & Britton
  • Total Finished SqFt
    5,558
  • Total SqFt
    5,746
  • Year Built
    1890
  • Zip
    46580-2652
  • Interior Features

  • Below Grade Finished SqFt
    1,961
  • Other Features

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

Last updated: June 22 2025, 7:43 AM

Listing courtesy of: James Bausch, RE/MAX Results- Warsaw

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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