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Map

Directions

At the intersection of N. Anthony and Crescent Ave.

Description

OPEN HOUSE SUN June 7th 1-4pm. An Amazing Opportunity to own a piece of history that is a fantastic TURN KEY investment providing an excellent return on investment. This 3918 Sq. Ft. home features 3 Short Term Rental Units that have consistently received 5 star reviews from Airbnb guests. The main level and upper unit both feature 2 bedrooms, 1 Full bath and a large living area and dining room along with a nicely appointed Kitchen. The completely renovated lower level unit is a modern Studio Style unit with an open living concept and a Full Bath that belongs in a resort hotel! The entire home has been renovated and brought up to current living standards yet still maintains the character and old world charm that you don’t see in newer “cookie cutter” home. Some of the updates include: New sewer and water lines, wood trim, basement water proofing and foundation stabilization, refinished doors, new main floor kitchen, flooring updates, appliances, plumbing, electrical, front patio, fence, sump pump with back up, garage door and more. This property has excellent occupancy rates, guest reviews and tremendous upside to grow. Income and expenses listed are based on 2025 year end. 2026 trends and projections are available and NOI is projected to 20-25% higher while operating expenses remain consistent year over year. This home is close to Purdue Fort Wayne, the Memorial Coliseum, Parkview Hospital and Downtown Fort Wayne. This home has great potential for being a Single Family or Multi-generational home as well. Come explore the possibilities. Virtual walk through can be seen here: https://my.matterport.com/show/?m=tz4Gvr8BMzw&brand=0&mls=1&

Details

  • Property Details

  • MLS #:
    202620083
  • Price
    $625,000
  • Bedrooms
    4
  • Baths Total
    3
  • Full Baths
    3
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.25
  • Approx. Lot Size SqFt
    10,704
  • Class
    Investment
  • DOM
    12
  • Lot Dimensions
    124X86.3
  • New Construction
    No
  • Parcel ID#
    02-07-36-230-001.000-074
  • Property Sub-Type
    Triplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Driving Park
  • Total Finished SqFt
    3,945
  • Total SqFt
    5,417
  • Year Built
    1935
  • Zip
    46805-2723
  • Interior Features

  • Below Grade Finished SqFt
    1,120
  • Other Features

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

Last updated: June 7 2026, 9:03 AM

Listing courtesy of: Tim Haber, RE/MAX Results

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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