Multifamily

Warsaw, IN Multifamily Properties for Sale

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Winona Lake, IN Pierceton, IN Leesburg, IN Claypool, IN North Webster, IN Mentone, IN Sidney, IN Silver Lake, IN
14 properties
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Two-Unit Duplex with Garage
Updated: Oct 21
Two-Unit Duplex with Garage

410 E Winona Avenue, Warsaw, IN 46580

$185,000
1,848 sqft 0.21 AC lot
Two‑unit duplex with 1,848 square feet of living space
Main‑level unit: two bedrooms, one bathroom, tall ceilings, and floor‑to‑ceiling windows
Upper‑level residence includes one bedroom, one bathroom, and a private exterior entrance
Separate utility meters and washer and dryer hookups for both units
Two‑car garage, basement storage, and enclosed front porch
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Mixed-Use Property with Apartment
Updated: Sep 30
Mixed-Use Property with Apartment

1422 E Center Street, Warsaw, IN 46580

$230,000
2,166 sqft 0.20 AC lot
Mixed‑use configuration with office space below and a separate apartment upstairs
2023 renovation covered flooring, electrical, plumbing, kitchens, bathrooms, and windows
Approximately 0.20‑acre lot with approximately 10 parking spaces
R2 zoning
Approximately 9,500 vehicles pass daily on Center Street
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Two-Story Four-Unit Residential Property
Two-Story Four-Unit Residential Property

536 E Center Street, Warsaw, IN 46580

$239,900
2,678 sqft 0.18 AC lot

Updated income property with garage storage divisions and additional basement storage space.

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See hot listings in Warsaw

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Triplex with Workshop Garage
Triplex with Workshop Garage

415 N Washington St, Warsaw, IN 46580

$350,000
5,558 sqft

Three apartments are complemented by a separate commercial-style workspace with offices, storage, and a tall overhead door.

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5-Unit Apartment Building
5-Unit Apartment Building

109 S Wood Street, Warsaw, IN 46580

$229,900
3,214 sqft 0.05 AC lot

Recent window replacements and concrete entry steps provide practical updates to this multifamily property.

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6-Unit Brick Apartment Building
6-Unit Brick Apartment Building

316 S Washington Street, Warsaw, IN 46580

$360,000
2,836 sqft 0.20 AC lot

Updated interiors include vinyl flooring, with central air serving the building.

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Multifamily Property with Workshop
Multifamily Property with Workshop

415 N Washington Street, Warsaw, IN 46580

$350,000
5,558 sqft 0.20 AC lot

Three apartments and a workshop unit support diversified rental use with tenant-paid utilities.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

415 W Perry St, Warsaw, IN 46580

$215,000
1,400 sqft

Both residences include in-unit laundry, and electricity is separately metered for each unit.

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Duplex with In-Unit Laundry
Duplex with In-Unit Laundry

415 W Perry Street, Warsaw, IN 46580

$215,000
1,400 sqft 0.10 AC lot

Both apartments have separate kitchens, private laundry equipment, and tenant-billed water, sewer, and trash service.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

410 E Winona Ave, Warsaw, IN 46580

$185,000
1,848 sqft

Separate utility meters and laundry hookups serve both residences.

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Six-Unit Apartment Building with Updates
Six-Unit Apartment Building with Updates

316 S Washington St, Warsaw, IN 46580

$360,000
2,836 sqft

Brick multifamily property with refreshed interiors, a new roof, and a practical unit mix near Downtown Warsaw.

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5-Unit Apartment Building with Basement
5-Unit Apartment Building with Basement

109 S Wood St, Warsaw, IN 46580

$229,900
3,214 sqft

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

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Four-Unit Building with New Garage
Four-Unit Building with New Garage

536 E Center St, Warsaw, IN 46580

$239,900
2,678 sqft

Income property with updated improvements, garage storage, and a basement offering additional storage space.

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Historic Mixed-Use Office Building
Historic Mixed-Use Office Building

123 W Center St, Warsaw, IN 46580

Contact for pricing
8,712 sqft

Historic building built in 1888 offers flexible C-4 commercial zoning with two existing apartments and ample on-street parking.

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14 active listings match your search: Multifamily for sale in Warsaw, IN. Based on your search, we've also compiled 62 Potential Opportunities for your consideration: 4 properties in nearby cities and 58 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Duplex
Two-Story Duplex

108 N Washington Street, Pierceton, IN 46562

$115,000
1,360 sqft 0.19 AC lot

The upper residence has been remodeled, and the property includes a basement and yard.

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4-Unit Quadplex
4-Unit Quadplex

407 Wooster Road, Winona Lake, IN 46590

$325,000
4,047 sqft

Two residences are vacant, providing flexibility for owner occupancy or tenant placement.

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4-Unit Multifamily Property
4-Unit Multifamily Property

407 Wooster Road, Winona Lake, IN 46590

$325,000
4,047 sqft 0.29 AC lot

Four residences include a two-bedroom main unit and three one-bedroom apartments, with two units currently vacant.

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Duplex with Remodeled Upper Unit
Duplex with Remodeled Upper Unit

108 N Washington St, Pierceton, IN 46562

$115,000
1,360 sqft

The upper apartment has been renovated, and the building includes a basement.

View details

Off-Market Properties in Warsaw, IN

Consider similar Off-Market properties in Warsaw, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

706 Ross Ave
APARTMENT HOUSE (UNDER 5 UNITS)

706 Ross Ave, Warsaw, IN 46580-2277

Estimated value:
$430,000
4,438 sqft 0.65 AC lot
View details
502 Chinworth Ct
APARTMENT HOUSE (UNDER 5 UNITS)

502 Chinworth Ct, Warsaw, IN 46580-3273

Estimated value:
$305,000
2,640 sqft 0.29 AC lot
View details
1030 Winona Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1030 Winona Ave, Warsaw, IN 46580-4668

Estimated value:
$155,000
2,668 sqft 0.21 AC lot
View details
525 Oak Gln Dr
APARTMENT HOUSE (UNDER 5 UNITS)

525 Oak Gln Dr, Warsaw, IN 46580-3279

Estimated value:
$250,000
5,664 sqft 0.26 AC lot
View details
1904 Sandpiper Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1904 Sandpiper Dr, Warsaw, IN 46582-9019

Estimated value:
$240,000
3,348 sqft 0.17 AC lot
View details
3867 State Rd 15
APARTMENT HOUSE (UNDER 5 UNITS)

3867 State Rd 15, Warsaw, IN 46582-7799

Estimated value:
$235,000
3,000 sqft 0.52 AC lot
View details
211 Colfax St
APARTMENT HOUSE (UNDER 5 UNITS)

211 Colfax St, Warsaw, IN 46580-3635

Estimated value:
$260,000
7,080 sqft 0.40 AC lot
View details
2854 Lk City Hwy
MOBILE HOME PARK, TRAILER PARK

2854 Lk City Hwy, Warsaw, IN 46580

Estimated value:
$285,000
6.24 AC lot
View details
317 Lk St
APARTMENT HOUSE (UNDER 5 UNITS)

317 Lk St, Warsaw, IN 46580-2600

Estimated value:
$240,000
2,784 sqft 0.17 AC lot
View details
1 Ems 61st Ln
MOBILE HOME PARK, TRAILER PARK

1 Ems 61st Ln, Warsaw, IN 46582-6677

Estimated value:
$235,000
0.75 AC lot
View details

Warsaw, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Warsaw, IN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 45,946 square feet of properties for sale, with an estimated market value of $3,389,600.

Sale prices for multifamily properties in Warsaw, IN start at $185,000, averaging $260,738, and reaching up to $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 6
Apartment buildings 4
Quadplexes 2
Triplexes 1

Demographics Overview

Population 36K
Population Growth (5Y) +3.7%
Median Household Income $69,454
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Warsaw submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46580 $267.1K

Taxes & Financing

Tax Rate (average for all types) 2.27%
Property Tax per SF $41.53 per SF
Tax Rate vs County Average 0.34 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kosciusko County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Warsaw fall within the 10,000 to 25,000 square foot range.

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