$204,900
Discover an exceptional investment opportunity with this 1,848 sqft multifamily property, featuring a FULLY OCCUPIED TRIPLEX: a studio, a 1 bed/1 bath, and a 2 bed/1 bath. With a solid $2,300/month rental income already in place, this property delivers instant cashflow and long-term potential. With Unit 3 already billed through RUBS and the potential to implement RUBS across all units, investors can unlock even greater returns. Recently refreshed with new flooring and paint in the last 2 years. Ideally situated near Lutheran Park, Packard Park, and the Rivergreenway, and only 3 minutes from the thriving Electric Works development, tenants will love the convenience and lifestyle this location provides. For those seeking scale, this triplex can also be packaged with 939 Lincoln Ave, 228 W Leith St, and/or 1510 Taylor St for a rare multi-property opportunity in one of Fort Wayne’s most desirable rental markets.
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MLS # | 202534325 |
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Date Listed | 2025-08-26 |
Status | Active |
Property Type | Investment |
Property SubType | Triplex |
Finished Square Feet | 1848 sqft |
Total Square Feet | 2915 sqft |
New Construction | No |
Style | Two Story |
Type | Triplex |
Basement | Yes |
Bedrooms | 3 |
Bathrooms | 3 |
Annual Taxes | $1,192.00 |
Year Taxes Payable | 2025 |
Year Built | 1926 |
Virtual Tour | listing.arthomephoto.com » |
Days on Market | 38 |
Living Room | 1 × 0 | Level |
Family Room | 825 × 825 | Level |
4th Bedroom | 1 × 1 | Level |
5th Bedroom | 3 × 1 | Level |
Extra Room | 1 × 1 | Level |
Full Baths | 3 Main |
Construction | Triplex |
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Lot Size | 2,094 sq ft |
Acreage | 0.05 Acres |
Lot Dimensions | 30X69.8 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | Brandriff & Miners |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46807 |
School District | Fort Wayne Community |
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Elementary | South Wayne |
Middle School | Portage |
High School | South Side |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202534325
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and 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.
Listing Provided Courtesy of Jordan Wildman
eXp Realty, LLC
Home: 260-498-0384
Listing updated September 10, 2025 at 12:30 pm
Last checked 12 minutes ago