939 Lincoln Avenue Fort Wayne, IN 46807

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Triplex • 99Y Old

$214,900

939 Lincoln Avenue

4 Bedrooms
3 Bathrooms
2652 sqft
0.16 Acres
Property Description

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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Property
MLS # 202535170
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
Room Dimensions
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
Bathroom Locations
Full Baths 4 Main
External Features
Construction Triplex
Lot Size 6,900 sq ft
Acreage 0.16 Acres
Lot Dimensions 50X138
Fence None
Location
Area Allen County
County Allen
Subdivision Brandriff & Miners
Township Wayne
City Fort Wayne
State IN
Zip 46807
Schools
School District Fort Wayne Community
Elementary South Wayne
Middle School Portage
High School South Side
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202535170
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

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.

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