Don’t miss this rare opportunity to own a lakefront duplex on Center Lake, offering both strong rental potential and long-term value. This spaciousproperty can continue operating as an income-producing duplex or be converted back into a single-family residence, giving investors multipleoptions. The main level unit features three bedrooms, a large living room, a kitchen, and a dining area with direct access to the backyard andlakefront. Upstairs, the second unit offers two oversized bedrooms and bright living and dining spaces with beautiful lake views. A full basementprovides laundry facilities and plenty of storage, while both on-street and off-street parking add convenience for tenants. With its prime CenterLake location, versatile layout, and built-in demand for waterfront living, this property is a standout investment opportunity.
Active
$230,000
708 N Lake St, Warsaw, IN 46580
4beds
2,016sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$225,300 Zestimate®
$--/sqft
$-- HOA
What's special
Lakefront duplexFull basementLaundry facilitiesBeautiful lake viewsPlenty of storage
- 6 days
- on Zillow |
- 455 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: August 26, 2025 at 12:50pm
Listed by:
Brian Peterson 574-268-1899,
Brian Peterson Real Estate
Source: IRMLS,MLS#: 202533714

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Carpet
- Windows: Storm Windows
- Basement: Full,Unfinished,Block
Interior area
- Total structure area: 3,090
- Total interior livable area: 2,016 sqft
- Finished area above ground: 2,016
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- Waterfront features: Waterfront, Lake Front, Non Ski Lake, Lake
- Body of water: Center Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(44)
Lot
- Size: 9,147.6 Square Feet
- Dimensions: 44X210
- Features: Rolling Slope, City/Town/Suburb, Lake
Details
- Additional structures: None
- Parcel number: 431108400229.000032
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Square
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: City, Indiana American Water Co
Community & HOA
Community
- Subdivision: Hood & Britton
Location
- Region: Warsaw
Financial & listing details
- Tax assessed value: $196,900
- Annual tax amount: $2,472
- Date on market: 8/22/2025
- Listing terms: Cash,Conventional
- Inclusions: Building
- Lease term: Month To Month
- Total actual rent: 6000
- Tenant pays: Electricity, Water
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