939 Lincoln Avenue, Fort Wayne, IN 46807
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:jordan wildmanHome: 260-498-0384
Office:exp realty, llc.
MLS#:202535170
Source:Indiana Regional MLS
Price summary
- Price:$219,900
- Price per sq. ft.:$55.28
About this home
Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basement—accessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Ave—adds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Wayne’s most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!
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Home facts
- Year built:1926
- Listing ID #:202535170
- Added:3 day(s) ago
- Updated:September 06, 2025 at 03:05 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,652 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1926
- Building area:2,652 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:South Side
- Middle school:Portage
- Elementary school:South Wayne
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$219,900
- Price per sq. ft.:$55.28
- Tax amount:$1,345
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