Tommy Sunn

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7321 Ideal Avenue
Fort Wayne, IN 46809

$269,900 - Status: Active
Beds: 5
Baths: 3 full 1 partial
SQFT: 2,412
MLS# 202638660

Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential 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): 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. 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. 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 low-maintenance yard, 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 garage plus an outdoor storage shed.

Property Features

MLS#: 202638660
Zip: 46809
Subdivision: Waynedale
Development: Wayne
Property Type: Residential - Single Family
Basement: Yes
Basement: Cellar, Full Basement, Walk-Out Basement, Partially Finished, Outside Entrance
Cooling: Wall AC, Window
Days on Site: 1
Garage: 2 car attached
Heating: Electric, Gas
Home Style: Traditional, Other
Lot Size: 0.64 acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,935
Year Built: 1925

Feature Descriptions

Above Grade Finished SQFT: 2412
Exterior: Aluminum
Garage SQFT: 560
Location: City/Town/Suburb
Lot Description: Level
Lot Dimensions: 125X224
Number of Rooms: 17
Sale Inclusions: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Kitchen Exhaust Hood, Oven-Built-In, Oven-Electric, Range-Electric, Water Heater Electric
Sewer: City
Total Finished SQFT: 2412
Water: City

Room Sizes

Bedroom 1: 11x12 Level - Upper
Bedroom 2: 15x10 Level - Upper
Bedroom 3: 10x16 Level - Upper
Bedroom 4: 15x10 Level - Main
Bedroom 5: 11x14 Level - Main

Local Schools

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

7321 Ideal Avenue | MLS# 202638660

This single family home located at 7321 Ideal Avenue, Fort Wayne, IN 46809 is currently listed for sale with an asking price of $269,900. This property was built in 1925 and has 5 bedrooms and 3 full and 1 partial baths with 2412 sq. ft. Ideal Avenue is located in the Waynedale subdivision within the Fort Wayne Community school district. Search Waynedale 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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