Tommy Sunn

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7321 Ideal Avenue
Fort Wayne, IN 46809

$269,900 - Status: Active
SQFT: 2,412
MLS# 202638584

Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential OR The perfect House Hack! This Triplex can also be combined with a total of 12 Units in a package deal of Turnkey Property with Potential Seller Financing! There is also a 2.75% Assumable Mortgage on this specific Triplex! Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): (Owners Unit) Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). Unit B (Ground Level - Left Side): Layout: Studio Apartment | 1 Full Bathroom Features: Convenient side-entry studio layout partially built on a slab. Low-maintenance footprint with cozy single-level living. (Would make a wonderful Airbnb) Heating & Cooling: Electric Baseboard | Window A/C. Unit C (Ground Level - Right Rear): Layout: 1 Bedroom | 1 Full Bathroom Features: Situated at the right rear of the structure, positioned above the attached garage space. Quick access to the adjacent shared laundry area. Heating & Cooling: Gas Forced Air | Window A/C. ? Property Upgrades, Mechanicals & Utilities Utilities & Billing: Units feature separate electric metering. Seperate Gas, and water/trash are metered and billed via a Ratio Utility Billing System (RUBS), allowing for simple and fair expense pass-throughs. Mechanical Systems: Gas forced-air furnaces (approx. 15 years old) and electric water heaters (estimated 5"10 years old). Exterior & Grounds: Low-maintenance aluminum siding, a lalmost 3/4 Acre Lot, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. Property features a 2nd detached 1.5 garage that could be rented out or potentially turned into an additional unit!

Property Features

MLS#: 202638584
Zip: 46809
Subdivision: Waynedale
Development: Wayne
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Yes
Basement: Full Basement, Slab, Unfinished
Cooling: Wall AC, Window
Days on Site: 2
Heating: Electricity, Gas
Home Style: Triplex
Lot Size: 0.64 acres
Roof Type: Flat
Stories: 1.5
Year Built: 1925

Feature Descriptions

Above Grade Finished SQFT: 2412
Amenities: Basement, Ceiling Fan, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Landscaped, Patio Open, Water Heater Electric, Washer Hook-Up
Common Amenities: Swing Set
Exterior: Aluminum
Location: City/Town/Suburb
Lot Description: Level
Lot Dimensions: 125X224
Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water
Total Finished SQFT: 2412
Units: 3
Water: City

Local Schools

High School: Wayne
Middle School: Portage
Elementary School: Waynedale
School District: Fort Wayne Community

7321 Ideal Avenue | MLS# 202638584

This multi-family property located at 7321 Ideal Avenue, Fort Wayne, IN 46809 is currently listed for sale with an asking price of $269,900. Ideal Avenue is located within the Fort Wayne Community school district. Search Fort Wayne real estate on tsunn.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC
Agency Contact: Home: 260-498-0384
Agent Name: Jordan Wildman

Shown By

Agent Name: Tommy Sunn
Agent Phone: (219) 575-0881
Agency Title: Coldwell Banker 1st Choice

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Coldwell Banker 1st Choice Tommy Sunn (219) 575-0881

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