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Map

Directions

Enter New Haven from Fort Wayne, and veer left on to Lincoln Hwy, property down the street about 1.5 mile on the right hand side.

Description

Multi-family dwelling with 12 seperate units. 8 Studio apartments, currently all leased and under a 1 year lease. (9th unit possible to upgrade) 3 total units in front building, with 2 being apartments and 1 being a commercial space like a hair, nail, tax office and can be converted to a 2 bedroom apartment. The 2 apartments are under leases, with one unit being a 2 bed 1 bath, and one being 3 bed 1.5 baths. Great money making opportunity for an investor, currently bringing in around 6,000 dollars per month in rent. THIS PROPERTY EXCEEDS THE 1% RULE! Get it quick while it is available! Currently under professional property management and manager is willing to stay on and manage for the new buyer! (All room dimensions are estimates)

Details

  • Property Details

  • MLS #:
    202514352
  • Price
    $445,000
  • Bedrooms
    14
  • Baths Total
    12
  • Full Baths
    10
  • Half Baths
    2
  • Approx. Lot Size Acres
    47
  • Approx. Lot Size SqFt
    2,047,320
  • Class
    Investment
  • DOM
    45
  • Lot Dimensions
    .47 Acre
  • New Construction
    No
  • Parcel ID#
    02-13-11-403-002.000-041
  • Property Sub-Type
    Apartment Complex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Other
  • Total Finished SqFt
    4,561
  • Total SqFt
    4,561
  • Year Built
    1955
  • Zip
    46774
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

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

Last updated: June 22 2025, 9:04 PM

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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