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$214,900
Listing Price4beds
3baths
2,561sqft
6,900sqft lot
939 Lincoln Ave, Fort Wayne, IN 46807
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basementaccessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Aveadds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Waynes most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!
Interior Details
2561
4
3
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6900
Yes
Yes
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,249
$2,900
$55,700
--%
$58,600
2018
$1,133
$2,900
$54,500
--%
$57,400
2017
$1,143
$5,600
$46,100
--%
$51,700
2016
$1,082
$5,600
$46,100
--%
$51,700
2016
$1,082
$5,600
$46,100
--%
$51,700
Average Home Price in 46807
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