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Two-Story Triplex
New
For Sale
$160,000

603 E Washington St, Winchester, IN 47394

Three separately metered apartments include a mix of one- and two-bedroom layouts.

Property Size2,096 SF
Price / SF$76.34
Days on Market2

Property Features for 603 E Washington St

General Information

Standard status Active
Size 2,096 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Building Details

Year Built 1900
Stories 2
Listing Agency: Garden Gate Realty Inc.
Listed By: Streetlight Realty
Source: Streetlightrealtors
Added: Oct 16 Last Checked: Oct 16 at 1:55PM

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 Garden Gate Realty Inc.

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Investment Insights

Based on property information with market context.

This two-story residential income property at 603 E Washington St in Winchester contains 2,096 square feet across three apartments: two one-bedroom units and one two-bedroom unit. Each apartment has a range, refrigerator, and forced-air natural gas heat. The two-bedroom apartment also has washer and dryer hookups. All three units are separately metered, and private off-street parking is provided. The property was built in 1900.

Key Highlights

  • 2,096 square feet in a three‑unit property
  • Two one‑bedroom apartments and one two‑bedroom apartment
  • Each unit has a range, refrigerator, and forced‑air natural gas heat

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Building Supply Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 47394, IN

8,064
Population
3,689
Households
2.2
Avg Household Size
43
Median Age
14%
College-Educated
92%
High-School Grad
122.1 sq mi
ZIP Area
66
Density / Sq Mi
$66,335
Median Household Income
$39,872
Median Earnings
$780
Median Rent
$110,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered apartments include a mix of one- and two-bedroom layouts.
Where is this triplex located?
The property is located at 603 E Washington St Winchester, IN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 2,096 square feet in a three‑unit property; Two one‑bedroom apartments and one two‑bedroom apartment; Each unit has a range, refrigerator, and forced‑air natural gas heat
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