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$465,000
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Property Description
Rare Opportunity for this very well maintained 6 UNIT INCOME PROPERTY in Rensselaer. Across from Van Rensselaer schools. 4040 SF building. Each unit has a living room, eating area, kitchen with gas stove and fridge, 2 bedrooms with hardwood floors, and 1 bath. Each has its own newer boiler for hot water heat, newer window ac unit that is a combination unit with heat on those mornings you need to just knock of the chill without turning on the boiler. The complex has recent updates including new 50 year GAF shingles in 2013, new hot water heaters in 2024, Boilers, fridges and stoves have all been replaced within 10 years. The common laundry has coin operated units including 2 washers, 2 dryers, and a sink. Each unit has a cabinet for their laundry items. Seller pays for the utilities for common laundry only.
Full Property Details
Full Property Details for 981 E Washington St
General
- Sold For: $465,000
- Taxes: $2,265 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 829313
- Added to Site: 123 day(s) ago
Interior
- Number of Rooms: 30
- Interior Features: Ceiling Fan(s)
- Appliances: Dryer, Washer, Range Hood, Refrigerator, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Asphalt
Location
- County: Jasper
- Township: Marion
- Subdivision: none
- Driving Directions: US 231 to Washington Street east 6 blocks to complex.
School Information
- High School District: Rensselaer Central
Heating & Cooling
- Heating Type: Central, Individual Unit, Unit Control, Natural Gas, Hot Water
Structural Information
- Year Built: 1967
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651
- Lot Features: Rectangular Lot
Financial Considerations
- Tax Amount: $2,265
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: PT W SIDE NW 29 29 6 .52A (APT)
- Property ID: 370729000058000027
Listed by Jenkins, REALTORS, INC.
Sold by RE/MAX Executives
Get Pre-Approved Today
Schools
Schools serving 981 E Washington St
School District:Rensselaer Central School Corporation
| Name | Grades | Distance |
|---|---|---|
Van Rensselaer Elementary School 902 East Washington Street, Rensselaer, IN 47978 | 3-5 | 0.1 mi |
Rensselaer Central Primary School 1144 North Melville Street, Rensselaer, IN 47978 | PK-4 | 0.8 mi |
Rensselaer Middle School 1106 Bomber Boulevard, Rensselaer, IN 47978 | 6-8 | 0.1 mi |
Rensselaer Central High School 1106 East Grace Street, Rensselaer, IN 47978 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 981 E Washington St
Date
Details
Price
Change
Source
1/29/2026
Sold
$465,000
-6.98%
MLS
10/31/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
981 E Washington Street, Rensselaer, IN 47978 (MLS# 829313) is a Multi-Family property that was sold at $465,000 on January 29, 2026. Want to learn more about 981 E Washington Street? Do you have questions about finding other Multi-Family real estate for sale in Rensselaer? You can browse all Rensselaer real estate or contact a Coldwell Banker agent to request more information.

