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$289,900 $5,000on 9/3/2024

  • 5 Beds
  • 5 Baths
  • 3,034 sq. Ft

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Property Description for 1426 High Street Fort Wayne, IN 46808-3419

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.

Address:1426 High Street Fort Wayne IN 46808-3419
Status:Active
on site: 154 days
Price:$289,900
Bedrooms:5 Beds
Bathrooms:5 Full Baths
Sq. Feet:3,034
Year Built:1900
Lot Size:0.27
County: Allen County
Township: Wayne
School System : Fort Wayne Community
MLS #:202425822
Property Type:Fiveplex

Lot Dimensions:86X139
Directions:Enter address into Google Maps.
Total Sq. Ft. :3,034
Basement:Yes

Loan Price
$1,825
Price And Interest $1,512/month
Property Tax $192/month
MTG INS $0/month
HOME INS $121/month
Price
$289,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$192/month
Home Owner Insurance
$1,452 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/03/24 $294,900 $289,900 -1.7%

RoomSizeLevel
3rd Bedroom null x 1 Info Not Available
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 5 x 5 Info Not Available
Kitchen 665 x 645 Info Not Available
Family Room 595 x 600 Info Not Available

Semi-Annual Property Tax:$1,150
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: Wayne Heights
Zip Code:46808-3419

School System:Fort Wayne Community
High School:Wayne
Middle School:Portage
Elementary School:Washington

Total Sq. Ft.:3,034
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

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Listing provided courtesy of Jordan Wildman with eXp Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Fort Wayne Market Report

172
Avg. DOM
$155.26
Avg. $ / Sq.Ft.
$ 279,900
Med. List Price

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