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Washington, IN Multifamily Home for Sale

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    $1,500,000

    • 8 Beds
    • 4 Baths
    • 3,269 Sq Ft

    309 SE 2nd St, Washington, IN 47501

    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

    Agent Photo

    Delmar Wagler

    Integrity Realty Group LLC

    (812) 220-0171

    309 SE 2nd St, Washington, IN 47501

Why Live in Washington

Washington, Indiana, known for its motto "A City of Pride and Progress," is a small city that balances historical preservation with modern development. The Washington Commercial Historic District features seven buildings on the National Register of Historic Places, showcasing Italianate, Federal, and Classical Revival styles. Recent developments include the $3 million Washington Commons project, which has revitalized downtown with pavilions, an open lawn, and spaces for community events. The city's economy is supported by employers such as MacAllister manufacturing, NASCO industries, and the Daviess Community Hospital system. Housing options in Washington range from Victorian-era homes to modern Craftsman designs, with prices below the national median. Downtown Washington offers a nostalgic Americana atmosphere with brick storefronts, boutiques, cafes, and the Cherry Ghost Coffee House, a popular gathering spot. Outdoor attractions include Longfellow Park with its skate park and pickleball courts, and East Side Park, which features lakes, a bandstand, and a miniature train. Washington Community Schools are highly rated, with the district earning solid marks for academics and activities. The city’s crime rate is lower than the national average, contributing to a sense of safety. Washington Transit provides bus service around town, and the nearest airport is Evansville Regional Airport, 50 miles away. Residents experience cold, snowy winters and hot, humid summers, with occasional tornadoes, the last significant one occurring in 2013.

Home Trends in Washington, IN

Housing Trends

Median Sale Price
$179,500
Median Single Family Sale Price
$185,000
Average Price Per Sq Ft
$103
Number of Homes for Sale
52
Last 12 months Home Sales
137
Months of Supply
4.60
Median List Price
$199,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-2%
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