7321 Ideal Avenue, Fort Wayne, IN 46809
Local realty services provided by:ERA Crossroads
Listed by: jordan wildman, jordan wildmanHome: 260-498-0384
Office: exp realty, llc.
MLS#:202638584
Source:Indiana Regional MLS
Price summary
- Price:$259,900
- Price per sq. ft.:$84.06
About this home
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!...
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Home facts
- Year built:1925
- Subdivision & Development:Waynedale
- Listing ID #:202638584
- Added:52 day(s) ago
- Updated:November 09, 2026 at 04:18 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Flooring:Carpet, Vinyl
- Kitchen Description:Eat-In Kitchen
- Basement Description:Full Basement, Slab, Unfinished
- Living area:2,412 sq. ft.
Heating and cooling
- Cooling:Wall AC, Window
- Heating:Electricity, Gas
Structure and exterior
- Roof:Flat
- Year built:1925
- Building area:2,412 sq. ft.
- Lot area:0.64 Acres
- Lot Features:Level
- Architectural Style:One and Half Story
- Construction Materials:Aluminum
- Exterior Features:Landscaped, Patio Open
- Levels:1 1/2 Stories
Schools
- High school:Wayne
- Middle school:Portage
- Elementary school:Waynedale
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$259,900
- Price per sq. ft.:$84.06
- Tax amount:$768
Features and amenities
- Laundry features:Washer Hook-Up
- Amenities:Ceiling Fan, Countertops-Laminate, Detector-Smoke, Garage Door Opener, Swing Set, Water Heater Electric
Parking
- Parking description:Garage Parking, Gravel Driveway, Gravel Parking
- Garage spaces:1
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