$249,900
Fantastic turnkey investment opportunity! This fully leased 3-unit triplex offers over 3,100 sq ft of living. Property includes one 3BR/1BA unit and two 1BR/1BA units, all with separate outside entrances. Excellent location just 1 mile from I-469 and close to shopping, dining, and amenities. Plenty of parking available. Shared laundry with exterior basement access. Each unit has its own electric meter (tenant-paid). Boiler heat services all units. Property features well water, city sewer, natural gas, & low-maintenance siding. Owner currently pays water/sewer, gas, and trash. Situated on just under 1 acre with privacy and woods at the rear, plus a shared storage shed. Unit #3 includes owner-provided furnishings. New asphalt and gravel drive in 2024. Strong rental history with property management already in place—excellent ROI and a true hands-off investment!
take hwy 469 to 27 south, left/east on Horman Rd, immediate right where the drive T's, house straight at dead-end, park in gravel parking area left of mailboxes (left of long narrow gray outbuilding)
| MLS # | 202547039 |
|---|---|
| Date Listed | 2025-11-22 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Triplex |
| Finished Square Feet | 3144 sqft |
| Total Square Feet | 4424 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Triplex |
| Basement | Yes |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Annual Taxes | $700.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1880 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 1 |
| Family Room | 735 × 629 | Level |
| 4th Bedroom | 3 × 1 | Level |
| 5th Bedroom | 3 × 3 | Level |
| Recreation Room | 1 × 0 | Level |
| Extra Room | 2 × 3 | Level |
| Full Baths | 5 Main |
| Construction | Triplex |
|---|---|
| Lot Size | 37,462 sq ft |
| Acreage | 0.86 Acres |
| Lot Dimensions | 265x180x235x125 |
| Out Buildings | Shed |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| Township | Marion |
| City | Fort Wayne |
| State | IN |
| Zip | 46816 |
| School District | East Allen County |
|---|---|
| Elementary | Heritage |
| Middle School | Heritage |
| High School | Heritage |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202547039
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 Andrea Zehr
eXp Realty, LLC
Cell: 260-494-2852
Listing updated November 22, 2025 at 2:30 pm
Last checked 5 minutes ago