$289,900
1426 High Street
This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. Currently, the owner covers all utilities. However, the potential for increased income exists by implementing RUBS. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,050 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.
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Map to 1426 High Street, Fort Wayne, IN 46808
MLS #
202425822
Date Listed
2024-07-12
Status
Price Change
Property Type
Investment
Property SubType
Fiveplex
Square Feet
3034 sqft
New Construction
No
Style
Other
Type
Fiveplex
Basement
Yes
Bedrooms
5
Bathrooms
5
Annual Taxes
$2,300.00
Year Taxes Payable
2024
Year Built
1900
Virtual Tour
propertypanorama.com »
Days on Market
57
Room Dimensions
Family Room
595 × 600
Level
Kitchen
665 × 645
Level
4th Bedroom
1 × 1
Level
5th Bedroom
5 × 5
Level
Bathroom Locations
Full Baths
5 Main
External Features
Construction
Fiveplex
Lot Size
11,954 sq ft
Acreage
0.27 Acres
Lot Dimensions
86X139
Fence
None
Location
Area
Allen County
County
Allen
Subdivision
Wayne Heights
Township
Wayne
City
Fort Wayne
State
IN
Zip
46808
Schools
School District
Fort Wayne Community
Elementary
Washington
Middle School
Portage
High School
Wayne
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202425822 |
|---|---|
| Date Listed | 2024-07-12 |
| Status | Price Change |
| Property Type | Investment |
| Property SubType | Fiveplex |
| Square Feet | 3034 sqft |
| New Construction | No |
| Style | Other |
| Type | Fiveplex |
| Basement | Yes |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Annual Taxes | $2,300.00 |
| Year Taxes Payable | 2024 |
| Year Built | 1900 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 57 |
| Family Room | 595 × 600 | Level |
| Kitchen | 665 × 645 | Level |
| 4th Bedroom | 1 × 1 | Level |
| 5th Bedroom | 5 × 5 | Level |
| Full Baths | 5 Main |
| Construction | Fiveplex |
|---|---|
| Lot Size | 11,954 sq ft |
| Acreage | 0.27 Acres |
| Lot Dimensions | 86X139 |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | Wayne Heights |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46808 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Washington |
| Middle School | Portage |
| High School | Wayne |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202425822
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.
Listing Provided Courtesy of Jordan Wildman
eXp Realty, LLC
Home: 260-498-0384
Listing updated September 3, 2024 at 12:45 pm
Last checked 10 minutes ago
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