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5-Unit Apartment Building with Basement
For Sale
$237,500

109 S Wood St, Warsaw, IN 46580

Updated apartment property with substantial basement storage and recent exterior improvements.

Property Size3,214 SF
Price / SF$73.90
Days on Market12

Property Features for 109 S Wood St

General Information

Standard status Active
Size 3,214 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,049
Listing Agency: eXp Realty, LLC
Listed By: Geoff Cavender · License #RB17002203
Source: Exprealty
Added: Aug 12 Changed: Aug 21 Last Checked: Aug 23 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This 5-unit apartment building contains 3,214 square feet and has received several recent updates, including nearly all-new windows and concrete steps. The property also includes a basement with substantial storage capacity and additional usable space.

Located at 109 S Wood St in Warsaw, the building offers a compact multifamily configuration with improvements already completed in key areas. The basement adds practical utility for storage and provides further space within the property.

Key Highlights

  • 5‑unit apartment building with 3,214 square feet
  • Nearly all‑new windows among recent property updates
  • Concrete steps have been installed as part of recent improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 46580, IN

22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated apartment property with substantial basement storage and recent exterior improvements.
Where is this apartment building located?
The property is located at 109 S Wood St Warsaw, IN.
What is the asking price?
The asking price for this property is $237,500.
What are key features of this property?
This property features: 5‑unit apartment building with 3,214 square feet; Nearly all‑new windows among recent property updates; Concrete steps have been installed as part of recent improvements
More about this property
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