Fort Wayne, IN 46808 1426 High Street
$269,900
22 more
Presented By: Jordan Wildman with eXp Realty, LLC; Home: 260-498-0384
Beds • 5
Baths • 5
SQFT • 3,034
Home Details
This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. ALL 5 UNITS ARE FULLY RENTED with additional income through RUBS for all utilities. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,090 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.
Presented By: Jordan Wildman with eXp Realty, LLC; Home: 260-498-0384
Interior Features for 1426 High Street
Bedrooms
Num. of 1 Bedrooms5
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms1
Unit 5-# of Bedrooms1
Above Grade Bedrooms5
Beds5
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths
Other Interior Features
Total Finished SqFt3034
Basement Y/NYes
Above Grade Finished SqFt3034
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementPartial Basement
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringCarpet, Laminate
Microwaves
Ranges/Ovens5
Refrigerators5
Total Number of Units5
W/D Hookups
Washers
Other Rooms
Total Rooms Below Grade
General for 1426 High Street
Age125
Agent First NameJordan
Agent Last NameWildman
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense2300
Annual Trash Expense
AreaAllen County
Assoc. Dues FrequencyNot Applicable
Associated Document Count5
Auction Y/NNo
Bathrooms5
CityFort Wayne
ClassINVESTMENT
CoolingNone
DOM81
Elementary SchoolWashington
FIPS Code18003
FeaturesBasement, Countertops-Laminate, Deck Open, Eat-In Kitchen, Porch Open
Full Baths5
Half Baths
HeatingGas, Forced Air
High SchoolWayne
Legal DescriptionE 6 FT LOT 18 & ALL LOTS 19 & 20 WAYNE HEIGHTS ADDITION BLOCK B
Lot Number18
Middle SchoolPortage
Net Income28868.3
New ConstructionNo
OwnerPaysBuilding Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection
Pet Restrictions Y/NNo
REONo
Rent Income37080
School DistrictFort Wayne Community
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleOther
SubdivisionWayne Heights
Tax Year2024
Tenant PaysElectric, Fuel, Water
Total Sq Ft3034
TownshipWayne
TypeFiveplex
Virtual TourClick here
Year Built1900
Exterior for 1426 High Street
Approx. Lot Size Acres0.27
Electric Meters1
ExteriorVinyl
FenceNone
Gas Meters1
Lot DescriptionLevel
Lot Dimensions86X139
Lot Size Area11954
Number of Parking Spaces2
OutbuildingNone
PoolNo
ROOF MATERIALAsphalt
Water FeaturesNone
Water Meters1
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Portage Middle School
High School
Wayne High School
Elementary School
Washington Elementary School
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