7321 Ideal AVE, Fort Wayne, IN 46809-2571
7321 Ideal AVE, Fort Wayne, IN 46809-2571
7321 Ideal AVE, Fort Wayne, IN 46809-2571
7321 Ideal AVE, Fort Wayne, IN 46809-2571
7321 Ideal AVE, Fort Wayne, IN 46809-2571
7321 Ideal AVE, Fort Wayne, IN 46809-2571
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Brick Built Real Estate
Listed by Jordan Wildman • eXp Realty, LLC • Home: 260-498-0384
$ 259,900
Est. payment | /mo

5 Beds

4 Baths

2,412 SqFt


$ 259,900
Est. payment | /mo

5 Beds

4 Baths

2,412 SqFt

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,412 sqft

Subdivision Waynedale

MLS Listing ID IRM202638660

Style Traditional,Other

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1925

Annual Tax Amount $3,935

Tax Year 2026

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 125X224

Property Sub-Type Site-Built Home

Property Description

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.

Location

State IN

County Allen County

Rooms

Basement Cellar, Full, Walk-Out Basement, Partially Finished, Outside Entrance

Interior

Heating Electric, Gas

Fireplaces Type None

Inclusions Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Kitchen Exhaust Hood, Oven-Built-In, Oven-Electric, Range-Electric, Water Heater Electric

Fireplace N

Exterior

Parking Features Gravel

Garage Spaces 2.0

Fence Partial

View Y/N true

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Waynedale

Middle Schools Portage

High Schools Wayne

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-33-130-010.000-074

Acceptable Financing IRM202638660

Listing Terms IRM202638660

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202638660

Indiana Regional MLS (IRMLS)

Nearby Locations

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Brick Built Real Estate
Brick Built Real Estate

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7321 Ideal AVE