$174,900
- 3 Beds
- 3 Baths
- 2,788 Sq Ft
295 W Main St, Wabash, IN 46992
Manish Sharma Coldwell Banker Real Estate Gr
$174,900
295 W Main St, Wabash, IN 46992
Manish Sharma Coldwell Banker Real Estate Gr
$140,000
139 Elm St, Wabash, IN 46992
Jennie Terrell Terrell Realty Group, LLC
Wabash, Indiana, is a small city of 10,000 residents situated along the Wabash River. Despite its rural setting, Wabash has revitalized its downtown area through significant investments in the arts and local businesses. The Honeywell Center, Ford Theater, and Eagles Theater are key cultural hubs that have spurred downtown development. The Wabash Cultural District, a 2.5-mile stretch, features locally owned boutiques, eateries, and art studios, making it a vibrant area for shopping and dining. The city has received substantial grant funding to improve parks, infrastructure, and repurpose old storefronts, enhancing the quality of life for residents. However, Wabash faces a housing shortage, with limited options currently available. Efforts are underway to address this, including the construction of new residential communities like Kentner Creek Crossing and Legacy Heights. The parks department manages nine parks, with Wabash City Park being the largest, offering playgrounds, walking paths, and pavilions. Outdoor enthusiasts can enjoy kayaking, canoeing, and hiking along the Wabash River Trail. Wabash City Schools provide public education, with options for early college programs, while private schools like Emmanuel Christian School offer alternative education choices. The city hosts year-round events, including the popular Wabash Cannonball Chili for Charity Cook Off and the annual Founders Festival. Residents often travel to Fort Wayne, 46 miles away, and Indianapolis, 80 miles away, for additional amenities and flights. Wabash experiences snowy winters and humid summers, with tornadoes possible from March to July.
On average, homes in Wabash, IN sell after 70 days on the market compared to the national average of 70 days. The median sale price for homes in Wabash, IN over the last 12 months is $270,000, up 34% from the median home sale price over the previous 12 months.
In Wabash, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $140,000 to $174,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Wabash is $289,900, while the average sale price is $281,034, offering insights into the local housing market. On average, multi-family homes spend 70 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Wabash, IN.