$3,500,000
- 4 Beds
- 1.5 Baths
- 3,097 Sq Ft
1875 & 1825 W Winona Ave, Warsaw, IN 46580
Susan Hoffman RE/MAX Results- Warsaw
$3,500,000
1875 & 1825 W Winona Ave, Warsaw, IN 46580
Susan Hoffman RE/MAX Results- Warsaw
$410,000
415 N Washington St, Warsaw, IN 46580
James Bausch RE/MAX Results- Warsaw
$209,000
302 E Winona Ave, Warsaw, IN 46580
Julie Kline Integrity Real Estate
Warsaw, Indiana, known as the “Orthopedic Capital of the World,” is a small city with a population of around 16,000. The orthopedic industry, led by companies like DePuy Synthes, has driven the city's growth and attracts many professionals to the area. Housing options in Warsaw include a balanced mix of older homes and new constructions, with more modern neighborhoods on the city's outskirts. The median home price is $260,000, aligning with the state median. Warsaw Community Schools are highly rated, and the city offers several local universities, including Ivy Tech and Indiana Tech campuses, and Grace College. Recreational activities are abundant, with three lakes within the city and Winona Lake nearby, offering swimming, fishing, and waterside rentals. The city also features miles of greenways and bike trails, and indoor attractions like the Wagon Wheel Center for the Arts and the City-County Athletic Complex. Warsaw hosts numerous outdoor events, including the Fat & Skinny Tire Fest and lakeshore concerts. Downtown Warsaw is revitalizing with chic new condos and local boutiques, while Winona Lake offers upscale shopping and dining. U.S. Route 30 provides access to Fort Wayne, Chicago, and South Bend, each with their own airports. Crime rates in Warsaw are on par with state averages, with a noted decrease since 2020.
On average, homes in Warsaw, IN sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Warsaw, IN over the last 12 months is $295,000, up 7% from the median home sale price over the previous 12 months.
In Warsaw, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $209,000 to $3,500,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Warsaw is $300,000, while the average sale price is $328,652, offering insights into the local housing market. On average, multi-family homes spend 43 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 Warsaw, IN.