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.
Closed
$465,000
981 E Washington St, Rensselaer, IN 47978
12beds
--sqft
Apartment
Built in 1967
-- sqft lot
$466,500 Zestimate®
$--/sqft
$967 Estimated rent
Home value
$466,500
Estimated sales range
Not available
$967/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: January 29, 2026 at 01:56pm
Listed by:
JoAnn McElfresh,
Jenkins, REALTORS, INC. 219-866-5908
Bought with:
Trisha Potts, RB14046118
RE/MAX Executives
Source: NIRA as distributed by MLS GRID,MLS#: 829313
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Individual Unit, Unit Control, Natural Gas, Hot Water
Appliances
- Included: Dryer, Washer, Range Hood, Refrigerator, Gas Water Heater
- Laundry: Gas Dryer Hookup, Washer Hookup, Sink, Main Level, Laundry Room
Features
- Ceiling Fan(s)
- Has basement: No
- Has fireplace: No
Interior area
- Finished area above ground: 4,040
Property
Parking
- Total spaces: 8
- Parking features: Asphalt
Features
- Levels: One
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.52 Acres
- Features: Rectangular Lot
Details
- Parcel number: 370729000058000027
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Rensselaer
- Subdivision: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $465,000-7% |
Source:  NIRA as distributed by MLS GRID #829313 Report a problem | ||
| 11/12/2025 | Pending sale | $499,900 |
Source: NIRA as distributed by MLS GRID #829313 Report a problem | ||
| 10/31/2025 | Listed for sale | $499,900 |
Source: NIRA as distributed by MLS GRID #829313 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 47978
Nearby schools
GreatSchools rating
- 9/10Van Rensselaer Elementary SchoolGrades: 3-5Distance: 0.1 mi
- 6/10Rensselaer Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 0.3 mi
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- Indiana
- Jasper County
- Rensselaer
- 47978
- 981 E Washington St