$995,000

Estimated payment $5,634/month

Total Views 183
6 Beds
3.5 Baths
3,000 Sq Ft
$332 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Concrete Flooring
  • 1-Story Property

About This Home

Here is a rare opportunity to own three adjacent C2-zoned properties totaling 0.65 acres, just a stone's throw from downtown. This prime commercial package includes a 3,000 sq ft fully remodeled building with a modern showroom and spacious parking lot, ideal for retail or office use. The additional two properties, measuring 1,144 sq ft and 1,790 sq ft, both have renters in place, ensuring immediate income from day one development possibilities. With flexible C2 zoning and a strategic location, this investment offers steady cash flow and significant development potential. Contact us today to explore this exceptional commercial opportunity!

Listing Agent

Adam Gerig

CENTURY 21 Bradley Realty, Inc Listed on: 08/22/2025

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 127 x 124

Home Design

  • Block Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 11 Parking Spaces
  • Off-Street Parking

Schools

  • Franke Park Elementary School
  • Northwood Middle School
  • North Side High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • John H Jacobs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-07-35-278-012.000-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,561

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1950
  • Age: 75
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: JOHN H JACOBS ADD LOTS 14 & 15 & S 1/2 VAC ALLEY ADJ ON N
  • Parcel Number ID: 02-07-35-278-012.000-074
  • Platted: Yes
  • Amenities: Off Street Parking
  • Monthly Gross Income: 3550
  • Year Taxes Payable: 2025
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3000
  • Total Finished Sq Ft: 3000
  • Above Grade Finished Sq Ft: 3000
  • Price Per Sq Ft: 331.67
  • Flooring: Concrete

Exterior Features

  • Exterior: Block
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 11

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Fort Wayne Community
  • Elementary School: Franke Park
  • Middle School: Northwood
  • High School: North Side
  • Elementary School: Franke Park

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 127 x 124
  • Estimated Lot Sq Ft: 13815
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Owner Pays: Building Insurance, Cooling, Electric, Heating, Maintenance, Snow Removal, Tax, Trash Collection, Water

Tax Info

  • Total Assessed Value: 94500

Multi Family

  • Gross Monthly Rent: 3550

MLS Schools

  • High School: North Side
  • Middle School: Northwood
  • School District: Fort Wayne Community

Map

Range of Values:

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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 $2,561 $94,500 $48,400 $46,100
2022 $2,586 $92,800 $48,200 $44,600
2021 $2,650 $89,100 $48,200 $40,900
2020 $2,733 $89,100 $48,200 $40,900
2019 $2,691 $84,700 $44,900 $39,800
2018 $2,700 $84,600 $44,800 $39,800
2017 $2,884 $89,800 $51,200 $38,600
2016 $2,842 $89,400 $51,200 $38,200
2014 $2,694 $87,500 $51,200 $36,300
2013 $2,704 $87,900 $51,200 $36,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $995,000 -- $332 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,000 Commercial
Closed $55,000 Future Advance Clause Open End Mortgage
Closed $35,000 Credit Line Revolving
Closed $178,007 Commercial
Source: Public Records

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    Section Image

Source: Indiana Regional MLS

MLS Number: 202533687

Indiana Regional MLS

APN: 02-07-35-278-012.000-074