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Winona Lake, IN

Residential Income

Winona Lake, IN Residential Income Properties for Sale

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Warsaw, IN Pierceton, IN Leesburg, IN Claypool, IN Sidney, IN North Webster, IN Larwill, IN Silver Lake, IN

Four-Unit Residential Property

Updated: Oct 19

Four-Unit Residential Property

407 Wooster Road, Winona Lake, IN 46590

$325,000

4,047 sqft 0.29 AC lot

Four residential units: one 2‑bedroom, 1.5‑bath residence and three 1‑bedroom, 1‑bath apartments
4,047 square feet on a 0.29‑acre lot
Two‑bay garage and breezeway
Grace College is directly across the street; the Village at Winona is within walking distance
Two units are currently vacant

4-Unit Quadplex

Updated: Oct 20

4-Unit Quadplex

407 Wooster Road, Winona Lake, IN 46590

$325,000

4,047 sqft

Four residences in a 4,047‑square‑foot building constructed in 1948
Unit mix includes one 2‑bedroom, 1.5‑bath residence and three 1‑bedroom, 1‑bath units
Two units are currently vacant
Walkout lower level contains two apartments; a separate unit sits above the garages
Two garage bays and a breezeway

See hot listings in Winona Lake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Winona Lake, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Mixed-Use Property with Apartment

Mixed-Use Property with Apartment

1422 E Center Street, Warsaw, IN 46580

$230,000

2,166 sqft 0.20 AC lot

A two-level layout combines professional workspace with a separate upstairs residence, offering both office and residential configuration.

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.

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.

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.

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.

Horse Farm Acreage with Pond

Horse Farm Acreage with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000

48.52 AC lot

Horse farm within city limits with a pond, two homes, and outbuildings plus off-street parking.

Horse Farm Property with Pond

Horse Farm Property with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000

3,097 sqft 48.52 AC lot

Horse farm within city limits featuring a pond, two homes, and multiple outbuildings including a pole building and sheds.

Residential Lot in New Subdivision

Residential Lot in New Subdivision

1042 W Green Meadow Run lot: 15, Columbia City, IN 46725

$53,500

0.25 AC lot

Build-ready home lot in a new 18-lot neighborhood with planned streets and nearby creek and wooded views.

Residential Land in Arrowhead Ridge

Residential Land in Arrowhead Ridge

4751 Shawnee Lane lot: 12, Churubusco, IN 46723

$98,900

0.73 AC lot

Residential land in a private, rural subdivision with expansive lots.

Off-Market Properties in Winona Lake, IN

Consider similar Off-Market properties in Winona Lake, 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.

77 Kings Hwy

APARTMENT HOUSE (UNDER 5 UNITS)

77 Kings Hwy, Winona Lake, IN 46590-1141

Estimated value:

$280,000

2,600 sqft 0.47 AC lot

133 Lakeview Dr

APARTMENT HOUSE (UNDER 5 UNITS)

133 Lakeview Dr, Winona Lake, IN 46590-2115

Estimated value:

$265,000

4,042 sqft 0.16 AC lot

428 Pierceton Rd

APARTMENT HOUSE (UNDER 5 UNITS)

428 Pierceton Rd, Winona Lake, IN 46590

Estimated value:

$255,000

3,480 sqft 0.37 AC lot

Wooster Rd

MOBILE HOME PARK, TRAILER PARK

Wooster Rd, Winona Lake, IN 46590

Estimated value:

$275,000

4.70 AC lot

1202 Wooster Rd

MOBILE HOME PARK, TRAILER PARK

1202 Wooster Rd, Winona Lake, IN 46590-5724

Estimated value:

$350,000

12.41 AC lot

1202 Wooster Rd

MOBILE HOME PARK, TRAILER PARK

1202 Wooster Rd, Winona Lake, IN 46590-5724

Estimated value:

$275,000

6.89 AC lot

408 Pierceton Rd

APARTMENT HOUSE (UNDER 5 UNITS)

408 Pierceton Rd, Winona Lake, IN 46590-1552

Estimated value:

$240,000

4,248 sqft 0.90 AC lot

1409 Camelot Dr

APARTMENT HOUSE (UNDER 5 UNITS)

1409 Camelot Dr, Winona Lake, IN 46590-5603

Estimated value:

$295,000

7,986 sqft 1.00 AC lot

1407 Avalon Ct

APARTMENT HOUSE (UNDER 5 UNITS)

1407 Avalon Ct, Winona Lake, IN 46590-5601

Estimated value:

$300,000

7,986 sqft 0.74 AC lot

1401 Avalon Ct

APARTMENT HOUSE (UNDER 5 UNITS)

1401 Avalon Ct, Winona Lake, IN 46590-5601

Estimated value:

$295,000

6,557 sqft 0.82 AC lot

1410 Avalon Ct

APARTMENT HOUSE (UNDER 5 UNITS)

1410 Avalon Ct, Winona Lake, IN 46590-5601

Estimated value:

$300,000

7,986 sqft 0.54 AC lot

Winona Lake, IN Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Winona Lake, IN on our real estate platform. These investment opportunities span a total of 8,094 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for residential investment properties in Winona Lake, IN average $325,000 — 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

Demographics Overview

Population 5,073

Population Growth (5Y) +3.1%

Median Household Income $97,813

College Educated 66.2%

Taxes & Financing

Tax Rate (average for all types) 0.65%

Property Tax per SF $25.09 per SF

Tax Rate vs County Average 1.27 pp below 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)

How Realmo verifies these figures

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