$159,900

Estimated payment $1,020/month

Total Views 6,648
3 Beds
1 Bath
965 Sq Ft
$166 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Laundry in Utility Room
  • Ceiling Fan
  • Walk-In Closet
  • Kitchen Island
  • Baseboard Heating

About This Home

RARE 2-FOR-1 OPPORTUNITY!!! Two homes on one parcel offering strong income potential with both units already tenant occupied. This is a great opportunity for an investor looking for immediate cash flow. Both homes feature completely separate utilities, including split water, making management simple and efficient. The front home is a newer 3-bedroom, 1-bath property built in 1998 on a slab foundation. It has been nicely updated throughout, featuring a modern kitchen with an island and new cabinetry, updated flooring, and a refreshed bathroom. This unit is currently rented for $1,195 per month. The rear home is a 1-bedroom, 1-bath unit that has also been updated on the interior. It features electric heat and a tankless water heater, with a tenant in place paying $595 per month. Combined, the property generates $1,790 per month in rental income. At the list price of $159,900, this presents a strong opportunity for immediate cash flow and a solid return for investors. Opportunities like this—with two separate units, strong rents, and utilities split—don’t come around often.

Listing Agent

Jack Fitzgerald

eXp Realty, LLC Brokerage Phone: 260-460-7439 Listed on: 04/06/2026

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1998

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 50x153
  • Level Lot

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Haley Elementary School
  • Lane Middle School
  • Snider High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for maintenance
  • Assessor Parcel Number 02-13-18-128-022.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Huestis & Taylor Subdivision

Building Details

  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1998

Lot Details

7,400 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Year Built: 1998
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 72 HUESTIS & TAYLOR SUB ADD
  • Parcel Number ID: 02-13-18-128-022.000-074
  • Platted: Yes
  • Amenities: Ceiling Fan, Closet(s) Walk-in, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Kitchen Island
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 965
  • Total Finished Sq Ft: 965
  • Above Grade Finished Sq Ft: 965
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Heating Fuel: Gas, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 100
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Haley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x153
  • Estimated Lot Sq Ft: 7400
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 72

Rental Info

  • Lease Term: 1 Year, 2 Years
  • Owner Pays: Maintenance
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 2065.8

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1

MLS Schools

  • High School: Snider
  • Middle School: Lane
  • School District: Fort Wayne Community

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
2025 $2,561 $91,800 $31,200 $60,600
2024 $1,214 $112,000 $18,100 $93,900
2022 $1,020 $45,400 $7,200 $38,200
2021 $672 $30,000 $1,300 $28,700
2020 $481 $22,000 $1,300 $20,700
2019 $479 $22,000 $1,300 $20,700
2018 $482 $22,000 $1,300 $20,700
2017 $487 $22,000 $1,300 $20,700
2016 $455 $20,900 $1,300 $19,600
2014 $763 $36,700 $2,700 $34,000
2013 $372 $17,900 $1,500 $16,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 For Sale $159,900 -- $166 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Limited Warranty Deed -- None Available
Personal Reps Deed -- None Available
Deed $15,000 None Available
Sheriffs Deed $29,576 None Available
Warranty Deed -- Titan Title Services Llc
Sheriffs Deed $26,000 --
Interfamily Deed Transfer -- Title Express
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,365 Unknown
Previous Owner $63,000 No Value Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202611605

Indiana Regional MLS

APN: 02-13-18-128-022.000-074

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