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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Jordan Wildman • eXp Realty, LLC • Home: 260-498-0384

$259,900

Est. payment - /mo

5 Beds

4 Baths

2,412 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Subdivision Waynedale

MLS Listing ID IRM202638584

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1925

Annual Tax Amount $3,940

Tax Year 2026

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 125X224

Property Sub-Type Triplex

Property Description

Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential OR The perfect House Hack! This Triplex can also be combined with a total of 12 Units in a package deal of Turnkey Property with Potential Seller Financing! There is also a 2.75% Assumable Mortgage on this specific Triplex! 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): (Owners Unit) 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. (Would make a wonderful Airbnb) 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. Seperate 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 lalmost 3/4 Acre Lot, 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 1.5 garage that could be rented out or potentially turned into an additional unit!

Location

State IN

County Allen County

Rooms

Basement Slab, Full, Unfinished

Interior

Heating Electric, Gas

Inclusions Building, Land, Lease

Fireplace N

Exterior

Parking Features Gravel, Garage

Fence Wood

Amenities Available Swing Set

View Y/N true

Total Parking Spaces 8

Building

Lot Description Level

Story One and One Half

Sewer Public Sewer

Water City

Level or Stories One and One Half

New Construction No

Schools

Elementary Schools Waynedale

Middle Schools Portage

High Schools Wayne

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-33-130-010.000-074

Monthly Total Fees $1, 000

Acceptable Financing IRM202638584

Listing Terms IRM202638584

Special Listing Condition None

Pets Allowed No

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

7321 Ideal AVE Fort Wayne, IN 46809-2571

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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