$214,900
Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basement—accessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Ave—adds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Wayne’s most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!
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MLS # | 202535170 |
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Date Listed | 2025-09-02 |
Status | Active |
Property Type | Investment |
Property SubType | Triplex |
Finished Square Feet | 2652 sqft |
Total Square Feet | 3978 sqft |
New Construction | No |
Style | Two and Half Story |
Type | Triplex |
Basement | Yes |
Bedrooms | 4 |
Bathrooms | 3 |
Annual Taxes | $1,345.00 |
Year Taxes Payable | 2025 |
Year Built | 1926 |
Virtual Tour | listing.arthomephoto.com » |
Days on Market | 36 |
Living Room | 1 × 0 | Level |
Family Room | 825 × 685 | Level |
4th Bedroom | 1 × 1 | Level |
5th Bedroom | 3 × 3 | Level |
Recreation Room | 3 × 3 | Level |
Extra Room | 1 × 1 | Level |
Full Baths | 4 Main |
Construction | Triplex |
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Lot Size | 6,900 sq ft |
Acreage | 0.16 Acres |
Lot Dimensions | 50X138 |
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# 202535170
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 12, 2025 at 4:00 pm
Last checked 11 minutes ago