1001 Lincoln Avenue, Fort Wayne, IN 46807
Local realty services provided by:ERA Crossroads
Listed by: jordan wildmanHome: 260-498-0384
Office: exp realty, llc.
MLS#:202534325
Source:Indiana Regional MLS
Price summary
- Price:$199,900
- Price per sq. ft.:$68.58
About this home
Discover an exceptional investment opportunity with this 1,848 sqft multifamily property, featuring a FULLY OCCUPIED TRIPLEX: a studio, a 1 bed/1 bath, and a 2 bed/1 bath. With a solid $2,300/month rental income already in place, this property delivers instant cashflow and long-term potential. With Unit 3 already billed through RUBS and the potential to implement RUBS across all units, investors can unlock even greater returns. Recently refreshed with new flooring and paint in the last 2 years. Ideally situated near Lutheran Park, Packard Park, and the Rivergreenway, and only 3 minutes from the thriving Electric Works development, tenants will love the convenience and lifestyle this location provides. For those seeking scale, this triplex can also be packaged with 939 Lincoln Ave, 228 W Leith St, and/or 1510 Taylor St for a rare multi-property opportunity in one of Fort Wayne’s most desirable rental markets.
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Home facts
- Year built:1926
- Listing ID #:202534325
- Added:79 day(s) ago
- Updated:November 14, 2025 at 04:19 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,848 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Asphalt, Flat, Shingle
- Year built:1926
- Building area:1,848 sq. ft.
- Lot area:0.05 Acres
Schools
- High school:South Side
- Middle school:Portage
- Elementary school:South Wayne
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$68.58
- Tax amount:$1,192
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