Rare opportunity to acquire a well-positioned 4-plex apartment community. Ideally located adjacent to the desirable Rolling Hills subdivision, this income-producing property offers both convenience and long-term investment potential. Situated on over 1.7 acres, the expansive lot features mature trees, generous green space for tenant enjoyment, asphalt drive & parking, and a shared four-car garage. Each of the four units offers 2 bedrooms, 1 bath, and approximately 940 square feet of living space. The property includes two ground-level units and two upper-level units, all featuring private balcony or patio areas. Conveniently located with easy access to schools, shopping, daily amenities, and major employers. A compelling opportunity for investors seeking stability, space, and location.
Closed
$420,000
207 Gilliam Dr, Warsaw, IN 46580
8beds
1,880sqft
Quadruplex
Built in 1970
-- sqft lot
$430,300 Zestimate®
$--/sqft
$1,094 Estimated rent
Home value
$430,300
$370,000 - $499,000
$1,094/mo
Zestimate® history
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List your homeWhat's special
Two ground-level unitsAsphalt drive and parkingTwo upper-level unitsExpansive lotMature treesShared four-car garage
Zillow last checked:
Listing updated:
Listed by:
Brian Peterson 574-268-1899,
Brian Peterson Real Estate,
Jan Orban,
Brian Peterson Real Estate
Bought with:
Heather Marshall, RB22000318
RE/MAX Results
Source: IRMLS,MLS#: 202602223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Other
- Basement: None
Interior area
- Total structure area: 1,880
- Total interior livable area: 1,880 sqft
- Finished area above ground: 1,880
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
- Parking features: Detached, Garage, Paved, Off Street Parking, Asphalt
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 1.74 Acres
- Dimensions: 373x140x61x50x435x191
- Features: 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 431105300014.000032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stone, Vinyl Siding
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Warsaw
Financial & listing details
- Annual tax amount: $4,545
- Date on market: 1/21/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: Month To Month,12 Months,Other,Negotiable
- Tenant pays: Electricity, Heating
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Sold | $420,000 |
Source:  IRMLS #202602223 Report a problem | ||
| 1/30/2026 | Pending sale | $420,000 |
Source: IRMLS #202602223 Report a problem | ||
| 1/21/2026 | Listed for sale | $420,000 |
Source: IRMLS #202602223 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46580
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Nearby schools
GreatSchools rating
- 7/10Madison Elementary SchoolGrades: K-6Distance: 1.8 mi
- 6/10Edgewood Middle SchoolGrades: 7-8Distance: 1.9 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Madison
- Middle: Edgewood
- High: Warsaw
- District: Warsaw Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Kosciusko County
- Warsaw
- 46580
- 207 Gilliam Dr
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