Discover a unique investment opportunity with this property at 328 S Washington Street in Dale. Sitting on two spacious lots, this package includes a house and two mobile homes. Currently, the house and one mobile home are rented, while the second mobile home is vacant and ready for new tenants or updates. This income-producing property generates $1,350 per month with leases already in place until May, offering immediate cash flow for investors. With room to add value and maximize returns, this property is a must-see for anyone looking to expand their rental portfolio.
Pending
$55,000
328 S Washington St, Dale, IN 47523
3beds
1,408sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious lots
- 9 days
- on Zillow |
- 337 |
- 20 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 11:17am
Listed by:
Kara Hinshaw Cell:812-686-3268,
Key Associates Signature Realty
Source: IRMLS,MLS#: 202532684

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Storage
- Flooring: Carpet
- Basement: Crawl Space
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
- Finished area above ground: 1,408
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.34 Acres
- Dimensions: 226x50
- Features: Level
Details
- Additional structures: None
- Parcel number: 740217304084.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Dale
Financial & listing details
- Tax assessed value: $973
- Annual tax amount: $973
- Date on market: 8/16/2025
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 16200
- Tenant pays: Electricity, Fuel, Sewer, Water
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