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About This Home

This 6-bedroom, 6-bathroom residential multi family at 316 S Washington Street in Warsaw, IN is listed for $360,000 ($127 per sqft). the home offers 2,836 sqft of living space on a 0.20 acres lot.

Agent 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!

Key Features

  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
6 full

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

316 S Washington Street

Warsaw, IN 46580-4348

Hood & Britton

Features & Amenities

Exterior Features

Off Street ParkingEat-in KitchenNone

Property Details

Flooring

CarpetVinyl

Construction

Brick

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

Range

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 316 S Washington Street is listed at $360,000 ($127/sqft). The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.

Key features include: 0.20 acre lot, 2 stories. Exterior Features: Off Street Parking, Eat-in Kitchen, None.

This property is listed by James Bausch and can be reached at 5747424531 or jamesbausch@gmail.com.

JB

James Bausch

Agent at RE/MAX Results

(574) 742-4531

Listed by RE/MAX Results · View on Broker Site

MLS# 202619931· Source: listhub· Updated 7 days ago

Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 S Washington Street, Warsaw, IN 46580-4348

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