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Map

Directions

Turn South off of Creighton, first house on the left.

Description

ATTENTION INVESTORS! Wow, cash flowing four plex for sale near GE Electric Works, get it before it is gone! Very few properties have two bedroom units in each apartment in a four plex in Ft. Wayne. Each apartment is a two bed one bath unit with average rents between 650 and 800 per month. (With room to grow rents) Each unit has individual gas and electric meters, currently owner only pays water. New roof in 11/21, and recent updates in each unit within the last couple years, with one unit updated 11/24. Total possible rent in market is 800 per unit or 3200 total per month. (Meets the 1% rule, investors!) Currently managed by professional Management company willing to continue managing for new owner. (Second property for sale at 2506 Miner, get the whole block, invest in 2 properties, and get 6 units)

Details

  • Property Details

  • MLS #:
    202501065
  • Price
    $261,000
  • Bedrooms
    8
  • Baths Total
    4
  • Full Baths
    4
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.16
  • Approx. Lot Size SqFt
    6,970
  • Class
    Investment
  • DOM
    2
  • Lot Dimensions
    150X45
  • New Construction
    No
  • Parcel ID#
    02-12-11-356-001.000-074
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Fairfield(s)
  • Total Finished SqFt
    2,818
  • Total SqFt
    3,532
  • Year Built
    1900
  • Zip
    46807

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: January 15 2025, 2:04 AM

Listing courtesy of: Harrison Bolyard, CENTURY 21 Bradley Realty, Inc

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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