Property Description
Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). Unit B (Ground Level - Left Side): Layout: Studio Apartment | 1 Full Bathroom Features: Convenient side-entry studio layout partially built on a slab. Low-maintenance footprint with cozy single-level living. Heating & Cooling: Electric Baseboard | Window A/C. Unit C (Ground Level - Right Rear): Layout: 1 Bedroom | 1 Full Bathroom Features: Situated at the right rear of the structure, positioned above the attached garage space. Quick access to the adjacent shared laundry area. Heating & Cooling: Gas Forced Air | Window A/C. ? Property Upgrades, Mechanicals & Utilities Utilities & Billing: Units feature separate electric metering. Gas and water/trash are metered and billed via a Ratio Utility Billing System (RUBS), allowing for simple and fair expense pass-throughs. Mechanical Systems: Gas forced-air furnaces (approx. 15 years old) and electric water heaters (estimated 5–10 years old). Exterior & Grounds: Low-maintenance aluminum siding, a low-maintenance yard, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. Property features a 2nd detached garage plus an outdoor storage shed.
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Sale Includes
Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Kitchen Exhaust Hood, Oven-Built-In, Oven-Electric, Range-Electric, Water Heater Electric
Property
| MLS # |
202638660 |
| Date Listed |
2026-09-18 |
| Status |
Active |
| Property Type |
Residential |
| Property SubType |
Site-Built Home |
| Finished Square Feet |
2,412 sqft |
| Total Square Feet |
3,092 sqft |
| New Construction |
No |
| Style |
Two Story |
| Type |
Site-Built Home |
| Basement |
Yes |
| Bedrooms |
5 |
| Bathrooms |
4 (3 Full, 1 Half) |
| Annual Taxes |
$3,935.00 |
| Year Taxes Payable |
2026 |
| Year Built |
1925 |
| Virtual Tour |
propertypanorama.com » |
| Days on Market |
14 |
| Homestead Year |
No |
Additional
| Design |
Traditional,Other |
| Cooling |
Wall AC, Window |
| Heating |
Electric, Gas |
| Garage |
Attached |
| Hardwood Floors |
Yes |
| Main Level Laundry |
Yes |
| Outbuilding |
2nd Detached Garage |
Room Dimensions
| Master Bedroom |
11 × 12 |
Upper Level |
| 2nd Bedroom |
15 × 10 |
Upper Level |
| 3rd Bedroom |
10 × 16 |
Upper Level |
| 4th Bedroom |
15 × 10 |
Main Level |
| 5th Bedroom |
11 × 14 |
Main Level |
Bathroom Locations
| Full Baths |
2 Main, 1 Upper |
| Half Baths |
1 Main |
External Features
| Construction |
Site-Built Home |
| Exterior |
Aluminum |
| Lot Size |
28,000 sq ft |
| Acreage |
0.64 Acres |
| Lot Dimensions |
125X224 |
| Out Buildings |
2nd Detached Garage |
| Sewer |
City |
| Water |
City |
| Fence |
Partial |
Location
| Area |
Allen County |
| Location |
City/Town/Suburb |
| County |
Allen |
| Subdivision |
Waynedale |
| Township |
Wayne |
| City |
Fort Wayne |
| State |
IN |
| Zip |
46809 |
Schools
| School District |
Fort Wayne Community |
| Elementary |
Waynedale |
| Middle School |
Portage |
| High School |
Wayne |
Financial
| Financing Terms |
Cash, Conventional, FHA, VA |
| Assoc. Dues |
$0.00 Not Applicable |
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.