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    Warsaw, IN Residential Income Properties for Sale

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    Winona Lake, IN Leesburg, IN Pierceton, IN
    6 listings
    Versatile Warsaw Property with High Visibility
    $569,000
    4,400 SF
    Versatile Warsaw Property with High Visibility

    1015 E Center Street, Warsaw, IN 46580

    Adaptable property suitable for office, retail, or residential use.
    • High‑visibility location on East Center Street in Warsaw.
    • Versatile R‑2 zoning allows for residential, office, retail, or multi‑family use (up to 3 units).
    • Equipped with a natural gas whole‑building generator with automatic transfer switch.
    • 20 private parking spaces, a rare benefit for a property in this location.
    • Multiple entrances and staircases facilitate a live/work arrangement or separate units.
    Updated: Mar 18
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    Versatile Warsaw Fourplex with Workshop
    $399,000
    5,558 SF
    Versatile Warsaw Fourplex with Workshop

    415 N Washington Street, Warsaw, IN 46580

    Multi-unit property near downtown Warsaw with residential and commercial rental potential.
    • Prime location: walk to downtown Warsaw, shopping, dining, Central Park, and Center Lake.
    • Strong income potential with three rented residential units and a versatile workshop/garage unit with office space.
    • Apartment A is completely remodeled (2020) with 4 bedrooms, 2 baths, updated plumbing/electrical, and a new back deck (2023).
    • Each apartment includes a generous kitchen with ample cabinetry and its own washer and dryer.
    • The fourth unit is a 40’x30’ garage with 15’ ceilings, a 12’ door, and two offices.
    Updated: Apr 29
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    Warsaw Sixplex Investment Opportunity
    $360,000
    2,836 SF
    Warsaw Sixplex Investment Opportunity

    Six-unit brick investment property with recent updates and strong income potential.

    316 S Washington Street, Warsaw, IN 46580

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    Versatile Mixed-Use Property Near Center Lake
    $765,000
    8,200 SF
    Versatile Mixed-Use Property Near Center Lake

    Spacious property with residential/commercial flexibility near downtown Warsaw.

    347 N Buffalo Street, Warsaw, IN 46580

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    Warsaw Triplex Near Downtown
    $205,000
    2,997 SF
    Warsaw Triplex Near Downtown

    Triplex with long-term tenants, updated utilities, and downtown access.

    322 S Washington Street, Warsaw, IN 46580

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    Corner Mixed-Use Building
    $385,000
    0.07 Acres
    Corner Mixed-Use Building

    Corner property with ground-floor retail and leased apartments, plus basement and third-level storage.

    123 W Center Street, Warsaw, IN 46580

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Warsaw, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Leesburg Mixed-Use Redevelopment Opportunity
    $699,900
    4,780 SF
    Leesburg Mixed-Use Redevelopment Opportunity

    3.8-acre mixed-use property with commercial and residential zoning.

    100 S Old State Road 15, Leesburg, IN 46538

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    Well-Maintained Triplex in Syracuse, IN
    $325,000
    1,920 SF
    Well-Maintained Triplex in Syracuse, IN

    Fully occupied triplex near downtown Syracuse, offering immediate rental income.

    303 N Harrison Street, Syracuse, IN 46567

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    Leesburg Mixed-Use Redevelopment Opportunity
    $699,900
    164,221 SF
    Leesburg Mixed-Use Redevelopment Opportunity

    3.8-acre mixed-use property with commercial and residential zoning.

    100 Old State Road 15, Leesburg, IN 46538

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    Mixed-Use Corner Building with Penthouse
    $249,900
    2,614 SF
    Mixed-Use Corner Building with Penthouse

    Street-level commercial space pairs with a 3-bedroom, 2-bath penthouse apartment above for a flexible two-unit setup.

    101 West Main Street, Syracuse, IN 46567

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Warsaw Residential Land Opportunity
    $3,000,000
    48.52 Acres
    Warsaw Residential Land Opportunity

    48+ acres ideal for development within city limits.

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

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    Warsaw Land: Development Opportunity
    $3,000,000
    3,097 SF
    Warsaw Land: Development Opportunity

    48+ acres in Warsaw, IN, ideal for development.

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

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    Residential Land in Lamp Post Manor
    $40,000
    0.41 Acres
    Residential Land in Lamp Post Manor

    Residential land near Grace College and Winona Lake amenities.

    TBD Lot #85 in Lamp Post Manor Estates Road, Winona Lake, IN 46590

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    Residential Land in Winona Lake
    $40,000
    0.38 Acres
    Residential Land in Winona Lake

    Rare opportunity to build your dream home near Winona Lake.

    TBD Lot #88 in Lamp Post Manor Estates Road, Winona Lake, IN 46590

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    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)
    4,438 SF Lot: 0.65 Acres
    Value Estimation by Request

    706 Ross Ave, Warsaw, IN 46580-2277

    View details
    502 Chinworth Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,640 SF Lot: 0.29 Acres
    Value Estimation by Request

    502 Chinworth Ct, Warsaw, IN 46580-3273

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    1030 Winona Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,668 SF Lot: 0.21 Acres
    Value Estimation by Request

    1030 Winona Ave, Warsaw, IN 46580-4668

    View details
    525 Oak Gln Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,664 SF Lot: 0.26 Acres
    Value Estimation by Request

    525 Oak Gln Dr, Warsaw, IN 46580-3279

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    1904 Sandpiper Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,348 SF Lot: 0.17 Acres
    Value Estimation by Request

    1904 Sandpiper Dr, Warsaw, IN 46582-9019

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    3867 State Rd 15
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,000 SF Lot: 0.52 Acres
    Value Estimation by Request

    3867 State Rd 15, Warsaw, IN 46582-7799

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    211 Colfax St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,080 SF Lot: 0.40 Acres
    Value Estimation by Request

    211 Colfax St, Warsaw, IN 46580-3635

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    2854 Lk City Hwy
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.24 Acres
    Value Estimation by Request

    2854 Lk City Hwy, Warsaw, IN 46580

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    317 Lk St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,784 SF Lot: 0.17 Acres
    Value Estimation by Request

    317 Lk St, Warsaw, IN 46580-2600

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    1 Ems 61st Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.75 Acres
    Value Estimation by Request

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

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    2271 Cost A Plenty Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,239 SF Lot: 1.10 Acres
    Value Estimation by Request

    2271 Cost A Plenty Rd, Warsaw, IN 46580-6264

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    1 Ems 52nd Ln
    CAMPGROUND, RV PARK
    Lot: 1.85 Acres
    Value Estimation by Request

    1 Ems 52nd Ln, Warsaw, IN 46582-6637

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    969 Walkers Rdg
    MOBILE HOME PARK, TRAILER PARK
    Lot: 11.15 Acres
    Estimated value
    $7,705,000

    969 Walkers Rdg, Warsaw, IN 46580-1746

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    600 Oldfather St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,920 SF Lot: 0.75 Acres
    Value Estimation by Request

    600 Oldfather St, Warsaw, IN 46580-2937

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    193 Cir W Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,294 SF Lot: 0.14 Acres
    Value Estimation by Request

    193 Cir W Dr, Warsaw, IN 46580

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    487 Cir W Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,294 SF Lot: 0.14 Acres
    Value Estimation by Request

    487 Cir W Dr, Warsaw, IN 46580-7642

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    475 Cir W Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,294 SF Lot: 0.14 Acres
    Value Estimation by Request

    475 Cir W Dr, Warsaw, IN 46580

    View details
    507 Cir W Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,294 SF Lot: 0.14 Acres
    Value Estimation by Request

    507 Cir W Dr, Warsaw, IN 46580

    View details

    Warsaw, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Warsaw, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 23,991 square feet of properties for sale, with an estimated market value of $2,298,000.

    Sale prices for residential income properties in Warsaw, IN start at $205,000, averaging $459,600, and reaching up to $765,000 — 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

    Multifamily properties 6
    Apartment buildings 2
    Triplexes 2
    Quadplexes 1
    Short term rental properties 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 $447.2K

    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

    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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