Washington, IN 47501 309 SE 2Nd Street

$1,500,000

309 SE 2Nd Street Washington, IN - Image 1309 SE 2Nd Street Washington, IN - Image 2309 SE 2Nd Street Washington, IN - Image 3
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Presented By: Delmar Wagler with Integrity Realty Group LLC; Office: 812-636-5600
  • MLS# 202515227
  • 04/30/2025
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  • Beds • 37
  • Baths • 4
  • SQFT • 3,269

Home Details

Great Cap Rate!! Total Gross Income of over $16,781.00 Monthly. This is a total package 19 rental Units to be sold as one Portfolio all located in Washington IN! Addresses and rents are as followed: 211 S Meridian Street (14-10-34-201-043.000-017): $1550.00, 107 NE 2nd St (14-10-27-403-042.000-017): $1100.00, 601 N St Rd 57 (14-10-27-401-006.000-017): $781.00, 312 N St Rd 57 (14-10-27-401-043.000-017): $3650.00, 308 N St Rd 57 (14-10-27-401-046.000-017) $ 3800.00, 309 SE 2nd St (14-10-34-102-054.000-017): $4200.00, 301 N Meridian St (14-10-27-301-146.000-017): $1700.00. This portfolio is fully operational, with a professional property manager in place! Properties are selling Subject to Tenants Rights.
Presented By: Delmar Wagler with Integrity Realty Group LLC; Office: 812-636-5600

Interior Features for 309 SE 2Nd Street

Bedrooms

Num. of 1 Bedrooms1
Num. of 2 Bedrooms16
Num. of 3 Bedrooms0
Num. of 4 Bedrooms1
Above Grade Bedrooms8
Beds8
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt3269
Basement Y/NYes
Above Grade Finished SqFt3269
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1591
Num. of Efficiencies0
BasementFull Basement, Unfinished
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringFinished
Microwaves
Ranges/Ovens
Refrigerators
Total Number of Units18
W/D Hookups
Washers

Other Rooms

Total Rooms Below Grade

General for 309 SE 2Nd Street

Age135
Agent First NameDelmar
Agent Last NameWagler
Annual Electric Expense9086.78
Annual Fuel Expense4740.66
Annual Insurance Expense15156.12
Annual Trash Expense1800
AreaDaviess County
Assoc. Dues FrequencyNot Applicable
Associated Document Count12
Auction Y/NNo
Bathrooms4
CityWashington
ClassINVESTMENT
CoolingWindow
DOM314
Elementary SchoolWashington Community Schools
FIPS Code18027
FeaturesCeiling Fan, Off Street Parking, Storage, Closet(s) Walk-in, Eat-In Kitchen, Porch Open, Water Heater Gas
Full Baths4
Half Baths
HeatingGas
High SchoolWashington
Legal DescriptionPT LOC 131 34-3-7
Middle SchoolWashington
Net Income185300.44
New ConstructionNo
OwnerPaysBuilding Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Pet Restrictions Y/NNo
REONo
Rent Income249372
School DistrictWashington Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysNone
Total Sq Ft4860
TownshipWashington
TypeOther
Virtual TourClick here
Year Built1890

Exterior for 309 SE 2Nd Street

Approx. Lot Size Acres0.21
ExteriorShingle, Vinyl
Lot DescriptionLevel
Lot Dimensions0.21
Lot Size Area9120
Number of Parking Spaces4
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Washington Middle School
High School Washington High School
Elementary School Washington Community Schools Elementary School

Rebekah Schenck

Realtor
Price $1,500,000
MLS#202515227
List Date 04/30/2025
Property Type Multi-Family
Phone (219) 280-1322
Get pre-approved
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Request Info
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