Listed with Derek Pearson, Perfect Location Realty

Price $215,000
Status Active
Beds 4
Baths 3 Baths
Home size 1,655 sqft
Lot Size 7,406 sqft
Days on Market 2
Don't miss this exceptional investment opportunity just steps from Syracuse Lake, the public library, and local restaurants. This triplex offers incredible potential for steady rental income or short-term rental options. Unit #3, the upper-level apartment, is a beautifully remodeled two-bedroom featuring new windows, vinyl plank flooring, Corian countertops, updated lighting, a fully renovated kitchen and bath, a new water heater, and fresh appliances"”move-in ready and modern throughout. The main level includes two one-bedroom, one-bath units, both offering comfortable layouts and currently rented month-to-month, providing immediate income for the new owner. Each unit has separate electric meters and individual water heaters, two of which are brand new. All units are equipped with electric baseboard heat. This property's prime location near the lake, dining, and community amenities makes it ideal for an owner-occupant, long-term rentals, or a potential Airbnb conversion. Take advantage of this fantastic multi-unit property combining modern updates with strong income potential in one of Syracuse's most desirable areas.
Property Type(s): Single Family
Last Updated 2/18/2026 Tract None
Year Built 1950 County Kosciusko

SCHOOLS

School District Wawasee
Elementary School Syracuse
Jr. High School Wawasee
High School Wawasee

Price History

Prior to Oct 28, '25 $250,000
Oct 28, '25 - Nov 4, '25 $249,900
Nov 4, '25 - Nov 19, '25 $239,900
Nov 19, '25 - Feb 18, '26 $234,900
Feb 18, '26 - Today $215,000

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Oven, Refrigerator, Water Softener Owned
BASEMENT Unfinished, Yes
CONSTRUCTION Brick
HEAT Baseboard, Electric
LOT 7405 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 57X132
PARKING Off Street
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION None
TAXES 3120.68
WATER Public
WATER ACCESS Syracuse Lake
Listed with Derek Pearson, Perfect Location Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/20/26 5:36 PM PST
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.

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