$159,900

Estimated payment $1,110/month

Total Views 421
3 Beds
4 Baths
1,436 Sq Ft
$111 Price per Sq Ft

Highlights

  • Corner Lot
  • Wood Siding
  • 5-minute walk to McCulloch Park
  • Tile Flooring

About This Home

Four Plex, fully occupied for sale near the Electric Works. Nice efficiency apartments, ranging from 1 bed and studio units. Gross Rental income totals $2455 per month, and currently owner pays utilities. After paying utilities, the property meets the 1% rule for investors. No upgrades or rehabs needed, just buy and collect the rent! Currently managed by professional property management, that would love to stay on for the new owner. (Room sizes are approximates) Can be purchased as part of a larger package, 2120 Broadway, 2130 Broadway, 436 West Williams and 1924 Prince Street. (Start your investment portfolio with 19 Doors!!!)

Listing Agent

Eric Bol

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 574-238-0777 Listed on: 08/19/2025

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 50x60
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Schools

  • Study Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-12-11-154-001.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 4 Units
  • L H Moores Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $3,000
  • Fuel Expense $2,400
  • Maintenance Expense $2,900
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1906
  • Age: 119
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: W 60' LOT 9 STOPHLETS ADDITION
  • Parcel Number ID: 02-12-11-154-001.000-074
  • Platted: Yes
  • Amenities: Basement
  • Monthly Gross Income: 2455
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 2668
  • Total Finished Sq Ft: 1436
  • Above Grade Finished Sq Ft: 1436
  • Above Grade Unfinished Sq Ft: 616
  • Below Grade Sq Ft: 616
  • Price Per Sq Ft: 111.35
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Tile, Vinyl
  • Total Below Grade Sq Ft: 616
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3000
  • Annual Fuel Expense: 2400
  • Annual Maintenance Expense: 2900
  • Annual Water Sewer Expense: 3000

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Study
  • Middle School: Kekionga
  • High School: South Side
  • Elementary School: Study

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X60
  • Estimated Lot Sq Ft: 3000
  • Estimated Lot Size Acres: 0.07
  • Lot Number: 9

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Water

Tax Info

  • Total Assessed Value: 182000
  • Annual Property Tax: 4224

Multi Family

  • Gross Monthly Rent: 2455
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 4

MLS Schools

  • High School: South Side
  • Middle School: Kekionga
  • School District: Fort Wayne Community

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,865 $182,000 $10,500 $171,500
2022 $1,665 $74,100 $5,900 $68,200
2021 $1,445 $64,500 $4,400 $60,100
2020 $869 $39,700 $4,400 $35,300
2019 $2,699 $27,500 $4,400 $23,100
2018 $842 $38,400 $4,400 $34,000
2017 $734 $33,200 $4,400 $28,800
2016 $717 $32,900 $4,400 $28,500
2014 $542 $26,100 $5,200 $20,900
2013 $147 $7,100 $5,200 $1,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $159,900 +408.2% $111 / Sq Ft
01/08/2019 01/08/19 Sold $31,464 -30.1% $22 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/09/2018 12/09/18 For Sale $45,000 +334.7% $31 / Sq Ft
03/27/2012 03/27/12 Sold $10,352 0.0% $7 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $10,352 -- $7 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Centurion Land Title Inc
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Similar Homes in Fort Wayne, IN

  • 2120 Broadway, Fort Wayne, IN 46802

    $145,000

    • 3 Beds
    • 3 Baths
    • 1,325 Sq Ft
    • 2120 Broadway
    • Fort Wayne, IN

    Newly remodeled tri-plex, currently with one vacancy but listed for rent. Total possible income is $1980 per month, with how they are listed for rent. Opportunity to combine the purchase with a 6 plex next door at 2130 Broadway. Owner currently pays all utilities and lawn care. Once unit is fully rented, from the new, desirable rehab, it should well exceed the 1% rule. Purchase comes with the

    Eric Bol CENTURY 21 Bradley Realty, Inc

    Section Image
  • 2411 Fox Ave, Fort Wayne, IN 46807

    $146,900

    • 4 Beds
    • 3 Baths
    • 1,818 Sq Ft
    • 2411 Fox Ave
    • Fort Wayne, IN

    Seeking a reliable investment opportunity with immediate returns? This FULLY OCCUPIED triplex bringing in 1935/mo + All utilities passed on to tenants via billback. It is positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 917 W Washington Blvd, Fort Wayne, IN 46802

    $140,000

    • 6 Beds
    • 2 Baths
    • 2,088 Sq Ft
    • 917 W Washington Blvd
    • Fort Wayne, IN

    Investment opportunity in the heart of downtown! This duplex in the West Central historic district is zoned R3 and ideally located just minutes from Promenade Park, Parkview Field, Electric Works, and a vibrant mix of dining and entertainment. Each unit offers a possible 3-bedroom, 1-bath layout and generates approximately $1,400/month in rent, providing strong income potential. This property

    Honey Fender Anthony REALTORS

    Section Image
  • 320 Brandriff St, Fort Wayne, IN 46802

    $139,900

    • 3 Beds
    • 2 Baths
    • 2,072 Sq Ft
    • 320 Brandriff St
    • Fort Wayne, IN

    Discover an exceptional income-generating opportunity with this beautifully renovated duplex. Offering a total of 2,072 sq ft of stylish living space, this property features two distinct units, both currently tenanted for immediate returns. Currently the total rent is $1475/mo with all utilities paid by the tenants The first unit provides a chic one-bedroom, one-bathroom layout, ideal for urban

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 930 Home Ave, Fort Wayne, IN 46807

    $129,900

    • 4 Beds
    • 2 Baths
    • 1,494 Sq Ft
    • 930 Home Ave
    • Fort Wayne, IN

    Want to be a part of the downtown GE campus revitalization? This home is currently a two unit duplex. Main floor unit is a nice size two bedroom apartment. The back portion of the house has a one bedroom apartment. Home could be converted back to a single family or you could live in one unit and rent the other! Single meter for utilities. Priced to sell at $129,900!

    Troy Wieland Wieland Real Estate

    Section Image
  • 924 Dayton Ave, Fort Wayne, IN 46807

    $134,998

    • 2 Beds
    • 2 Baths
    • 1,508 Sq Ft
    • 924 Dayton Ave
    • Fort Wayne, IN

    Investor Special in the ’07 – Duplex with Upside! Property offers two 1BR/1BA units in one of Fort Wayne’s most desirable neighborhoods. The upper unit is vacant and ready for updates, while the lower unit is rented month-to-month at $650. Owner pays water/sewer/trash; gas and electric are separately metered and billed to tenants. This property needs some work, but both units are well under

    Jarod Burgess Keller Williams Realty Group

    Section Image
  • 436 E Taber St, Fort Wayne, IN 46803

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,567 Sq Ft
    • 436 E Taber St
    • Fort Wayne, IN

    Well maintained duplex with a very large side yard for those summer activities. There is also a detached garage that can be rented out for additional monthly income. The lower unit is currently being advertised at $1050/month and the upper unit is rented out at $800/month. Both have utilities being billed out for anything over $200. Walking distance to Ivan Lebamoff Reservoir Park and short

    Kathy Hutchins CENTURY 21 Bradley Realty, Inc

    Section Image
  • 1437 Oakland St, Fort Wayne, IN 46808

    $179,000

    • 5 Beds
    • 2 Baths
    • 2,003 Sq Ft
    • 1437 Oakland St
    • Fort Wayne, IN

    This fully remodeled, income-producing duplex is ideally located just minutes from the heart of downtown Fort Wayne. ALL UNITS AND GARAGE ARE CURRENTLY LEASED, offering immediate cash flow and strong rental appeal. $2255 Monthly! The lower unit features updated flooring, modern lighting, central A/C (2021), and laundry hookups, with potential to convert to a 3-bedroom layout. The upper unit

    Jordan Wildman eXp Realty, LLC

    Section Image
  • 3006 Monroe St, Fort Wayne, IN 46806

    $129,900

    • 4 Beds
    • 2 Baths
    • 1,976 Sq Ft
    • 3006 Monroe St
    • Fort Wayne, IN

    Start Showing Date: 6/13/2025 Discover the perfect blend of immediate income and long-term value with this well-maintained, FULLY RENTED DUPLEX with lots of room in the rents, ideally situated near schools and convenient shopping. Each unit offers 2 bedrooms and 1 full bath, thoughtfully designed for comfortable living. Unit 1 features exclusive access to a partial basement for laundry, storage

    Jordan Wildman eXp Realty, LLC

    Section Image

Source: Indiana Regional MLS

MLS Number: 202533288

Indiana Regional MLS

APN: 02-12-11-154-001.000-074