1426 High Street new Save Request In-Person Tour Request Virtual Tour
Fort Wayne,IN 46808-3419
Key Details
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,034 sqft
Price per Sqft $93
Subdivision Wayne Heights
MLS Listing ID 202504025
Style Other
Bedrooms 5
Full Baths 5
Year Built 1900
Annual Tax Amount $2,300
Tax Year 2024
Lot Size 0.270 Acres
Property Sub-Type Fiveplex
Property Description
This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. ALL 5 UNITS ARE FULLY RENTED with additional income through RUBS for all utilities. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,090 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.
Location
State IN
County Allen County
Area Allen County
Rooms
Family Room 635 x 600
Dining Room 0 x 545
Kitchen , 665 x 645
Interior
Flooring Carpet,Laminate
Fireplaces Number 3
Laundry , 2
Exterior
Garage Spaces 1.0
Fence None
Amenities Available Basement,Countertops-Laminate,Deck Open,Eat-In Kitchen,Porch Open
Roof Type Asphalt
Building
Lot Description Level
Story 2
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Washington
Middle Schools Portage
High Schools Wayne
School District Fort Wayne Community
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202504025