1236 Runnion Ave Fort Wayne, IN 46808
Nebraska NeighborhoodEstimated payment $2,220/month
Highlights
- Detached Second Garage
- Corner Lot
- Utility Room in Garage
- Wood Flooring
- Covered Patio or Porch
- Walk-In Pantry
About This Home
Discover this beautifully remodeled property featuring three apartments perfectly positioned near Jefferson Pointe, Glenbrook Square, and vibrant Downtown Fort Wayne. Thoughtfully updated in 2022 and 2024 with new appliances installed between 2024–2025, this turnkey asset blends modern convenience with strong rental history. Currently configured as two 1 bed / 1 bath apartments and one 3 bed / 1 bath apartment, the property offers impressive flexibility—easily convertible into a fourplex for even greater income potential! One unit has a month-to-month tenant, while the other two are operating successfully as Airbnb rentals, maximizing short-term returns. With its prime location, stylish renovations, and versatile layout, this property is a rare chance to add a high-performing asset to your portfolio in one of Fort Wayne’s most desirable areas!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,822
Year Built
- Built in 1915
Lot Details
- 6,954 Sq Ft Lot
- Lot Dimensions are 57x122
- Partially Fenced Property
- Wood Fence
- Corner Lot
Home Design
- Triplex
- Brick Foundation
- Poured Concrete
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Utility Room in Garage
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Walk-In Pantry
- Built-In or Custom Kitchen Cabinets
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in Bathroom
- Laundry in Kitchen
Home Security
- Storm Windows
- Fire and Smoke Detector
Parking
- 4 Car Detached Garage
- Detached Second Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Schools
- Northcrest Elementary School
- Northwood Middle School
- North Side High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- The owner pays for building insurance, electric, fuel, lawn maintenance, maintenance, snow removal, tax, trash collection, water
- Assessor Parcel Number 02-12-03-177-001.000-074
- Seller Concessions Not Offered
Community Details
Overview
- 3 Units
- Rockhill Heirs Subdivision
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $4,200
- Fuel Expense $205
- Insurance Expense $890
- Maintenance Expense $2,200
- Water Sewer Expense $1,740
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,080 | $298,400 | $19,200 | $279,200 |
| 2022 | $2,791 | $124,200 | $6,300 | $117,900 |
| 2021 | $2,688 | $120,000 | $5,600 | $114,400 |
| 2020 | $2,484 | $113,500 | $6,600 | $106,900 |
| 2019 | $2,448 | $112,400 | $9,600 | $102,800 |
| 2018 | $2,464 | $112,400 | $9,600 | $102,800 |
| 2017 | $2,699 | $122,300 | $9,600 | $112,700 |
| 2016 | $2,573 | $118,300 | $9,600 | $108,700 |
| 2014 | $2,413 | $116,200 | $10,400 | $105,800 |
| 2013 | $2,094 | $101,000 | $11,100 | $89,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $309,900 | -1.6% | $97 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $315,000 | +228.1% | $98 / Sq Ft |
| 10/31/2017 10/31/17 | Sold | $96,000 | -15.8% | $30 / Sq Ft |
| 10/17/2017 10/17/17 | Pending | -- | -- | -- |
| 07/20/2017 07/20/17 | For Sale | $114,000 | -- | $36 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $265,000 | Lightner Zachary M | |
| Deed | $105,000 | -- | |
| Warranty Deed | $105,000 | Attorneys Title Group | |
| Warranty Deed | -- | Metropolitan Title In Llc | |
| Warranty Deed | -- | Three Rivers Title Company I |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,750 | New Conventional | |
| Previous Owner | $97,150 | Commercial | |
| Previous Owner | $91,700 | Commercial |
Source: Indiana Regional MLS
MLS Number: 202526991
APN: 02-12-03-177-001.000-074
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