Triplex with Workshop
New
For Sale
$350,000
415 N Washington St, Warsaw, IN 46580
Three apartments are complemented by a separate commercial-style workspace with offices, storage, and a tall overhead door.
Property Size5,558 SF
Price / SF$62.97
Days on Market3
Property Features for 415 N Washington St
General Information
Standard status
Active
Size
5,558 SF
Property subtype
Multi-Family
Building Details
Year Built
1890
Listing Agency:
RE/MAX Results
Listed By:
James Bausch · License #RB15000093
(574) 742-4531
Source:
Theferrellgroupkw
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 17 at 2:21AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This 5,558-square-foot triplex includes three residential apartments and a separate garage/workshop unit with two offices. Apartment A contains four bedrooms and two bathrooms and received a full remodel in 2020, including plumbing and electrical updates; a back deck was added in 2023, and a mini-split has been installed. Apartment B provides one bedroom and one bathroom, while Apartment C offers two bedrooms, one bathroom, a jetted tub, and flooring installed in 2021. Each apartment has a kitchen with substantial cabinet storage and an individual washer and dryer.
The additional 40’ x 30’ workshop has 15’ ceilings, a 12’ overhead door, and office space suitable for business, storage, or fabrication needs. A partial roof replacement was completed in 2021, followed by sewer-line replacement in 2022. All three apartments are rented, and utilities are billed back to tenants. The property is located at 415 N Washington St in Warsaw, within walking distance of downtown, Central Park, Center Lake, shopping, dining, and community events.
The additional 40’ x 30’ workshop has 15’ ceilings, a 12’ overhead door, and office space suitable for business, storage, or fabrication needs. A partial roof replacement was completed in 2021, followed by sewer-line replacement in 2022. All three apartments are rented, and utilities are billed back to tenants. The property is located at 415 N Washington St in Warsaw, within walking distance of downtown, Central Park, Center Lake, shopping, dining, and community events.
Key Highlights
- 5,558‑square‑foot triplex with three apartments and a separate garage/workshop unit
- Apartment mix includes 4‑bedroom, 2‑bath; 1‑bedroom, 1‑bath; and 2‑bedroom, 1‑bath units
- Apartment A was remodeled down to the studs in 2020 with updated plumbing and electrical
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three apartments are complemented by a separate commercial-style workspace with offices, storage, and a tall overhead door.
Where is this triplex located?
The property is located at 415 N Washington St Warsaw, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5,558‑square‑foot triplex with three apartments and a separate garage/workshop unit; Apartment mix includes 4‑bedroom, 2‑bath; 1‑bedroom, 1‑bath; and 2‑bedroom, 1‑bath units; Apartment A was remodeled down to the studs in 2020 with updated plumbing and electrical
