7321 Ideal Avenue, Fort Wayne, IN 46809
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: jordan wildman, jordan wildmanHome: 260-498-0384
Office: exp realty, llc.
MLS#:202638584
Source:Indiana Regional MLS
Price summary
- Price:$269,900
- Price per sq. ft.:$87.29
About this home
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!...
Contact an agent
Home facts
- Year built:1925
- Subdivision & Development:Waynedale
- Listing ID #:202638584
- Added:6 day(s) ago
- Updated:September 24, 2026 at 03:52 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Flooring:Carpet, Vinyl
- Kitchen Description:Eat-In Kitchen
- Basement Description:Full Basement, Slab, Unfinished
- Living area:2,412 sq. ft.
Heating and cooling
- Cooling:Wall AC, Window
- Heating:Electricity, Gas
Structure and exterior
- Roof:Flat
- Year built:1925
- Building area:2,412 sq. ft.
- Lot area:0.64 Acres
- Lot Features:Level
- Architectural Style:One and Half Story
- Construction Materials:Aluminum
- Exterior Features:Landscaped, Patio Open
- Levels:1 1/2 Stories
Schools
- High school:Wayne
- Middle school:Portage
- Elementary school:Waynedale
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$269,900
- Price per sq. ft.:$87.29
- Tax amount:$768
Features and amenities
- Laundry features:Washer Hook-Up
- Amenities:Ceiling Fan, Countertops-Laminate, Detector-Smoke, Garage Door Opener, Swing Set, Water Heater Electric
Parking
- Parking description:Garage Parking, Gravel Driveway, Gravel Parking
- Garage spaces:1
New listings near 7321 Ideal Avenue
- Coming Soon
$210,000Coming Soon3 beds 1 baths1,018 sq. ft.3611 Colorado Court, Fort Wayne, IN 46815
MLS# 202639435Listed by: KELLER WILLIAMS REALTY GROUP - Coming Soon
$214,900Coming Soon3 beds 2 baths1,630 sq. ft.1102 Pemberton Drive, Fort Wayne, IN 46805
MLS# 202639413Listed by: EXP REALTY, LLC - Coming Soon
$279,000Coming Soon4 beds 3 baths1,682 sq. ft.1303 Ludwig Park Drive, Fort Wayne, IN 46825
MLS# 202639374Listed by: COLDWELL BANKER REAL ESTATE GR - Coming Soon
$415,000Coming Soon3 beds 3 baths4,158 sq. ft.7003 Balmoral Drive, Fort Wayne, IN 46804
MLS# 202639404Listed by: MIKE THOMAS ASSOC., INC - Coming Soon
$575,000Coming Soon3 beds 4 baths3,092 sq. ft.5225 Chippewa Trail, Fort Wayne, IN 46804
MLS# 202639311Listed by: NORTH EASTERN GROUP REALTY - Coming Soon
$360,000Coming Soon3 beds 2 baths1,900 sq. ft.5321 San Georgio Cove, Fort Wayne, IN 46845
MLS# 202639211Listed by: CENTURY 21 BRADLEY REALTY, INC - Coming Soon
$319,900Coming Soon4 beds 3 baths2,326 sq. ft.8325 Deer Brook Place, Fort Wayne, IN 46825
MLS# 202639138Listed by: COLDWELL BANKER REAL ESTATE GR - Coming Soon
$279,900Coming Soon3 beds 2 baths1,952 sq. ft.3909 Saint Joe Center Road, Fort Wayne, IN 46835
MLS# 202638964Listed by: CENTURY 21 BRADLEY REALTY, INC - Coming Soon
$335,000Coming Soon3 beds 2 baths1,805 sq. ft.9524 Trellis Cove, Fort Wayne, IN 46835
MLS# 202638675Listed by: CENTURY 21 BRADLEY REALTY, INC - Open Fri, 5 to 7pmNew
$214,900Active3 beds 2 baths1,800 sq. ft.5414 N Stony Run Lane, Fort Wayne, IN 46825
MLS# 202639552Listed by: CENTURY 21 BRADLEY REALTY, INC