1001 Lincoln Avenue, Fort Wayne, IN 46807

Local realty services provided by:ERA First Advantage Realty, Inc.
1001 Lincoln Avenue,Fort Wayne, IN 46807
$204,900
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active
Listed by:jordan wildmanHome: 260-498-0384
Office:exp realty, llc.
MLS#:202534325
Source:Indiana Regional MLS

Price summary

  • Price:$204,900
  • Price per sq. ft.:$70.29

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:29 day(s) ago
  • Updated:September 24, 2025 at 03:03 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:$204,900
  • Price per sq. ft.:$70.29
  • Tax amount:$1,192
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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