Active

316 S Washington Street

Sixplex • 153Y Old
$360,000 Listed 4 months ago
6 Bedrooms
6 Bathrooms
2836 sqft
0.20 Acres
Basement
Share
Property Description

*Back on the market at no fault of seller* 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 12.94% 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!

Directions

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

Property
MLS # 202619931
Date Listed 2026-05-25
Status Active
Property Type Investment
Property SubType Sixplex
Finished Square Feet 2,836 sqft
Total Square Feet 3,950 sqft
New Construction No
Style Two Story
Type Sixplex
Basement Yes
Bedrooms 6
Bathrooms 6
Annual Taxes $3,080.00
Year Taxes Payable 2026
Year Built 1873
Virtual Tour propertypanorama.com »
Days on Market 131
Homestead Year No
Room Dimensions
Family Room 840 × 300 Level
Kitchen 300 × 275 Level
4th Bedroom 6 × 1 Level
5th Bedroom 6 × 6 Level
Bathroom Locations
Full Baths 6 Main
External Features
Construction Sixplex
Lot Size 8,712 sq ft
Acreage 0.20 Acres
Lot Dimensions 66X132
Fence None
Location
Area Kosciusko County
County Kosciusko
Subdivision Hood & Britton
Township Wayne
City Warsaw
State IN
Zip 46580
Schools
School District Warsaw Community
Elementary Washington
Middle School Edgewood
High School Warsaw
Financial
Assoc. Dues $0.00 Not Applicable
Contact

By submitting this form you agree to be contacted by Ashley Milakis Spencer about your request. Please see our Privacy Policy.

MLS# 202619931
Listing Provided Courtesy of James Bausch
RE/MAX Results
Cell: 574-742-4531

Listing updated October 1, 2026 at 2:15 pm
Last checked 9 minutes ago

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.