Well positioned portfolio consisting of 42 Single Family Homes.
Where great investment meets great location.
Stable rental cash flow and optional Professional management in place.
Several long term tenants with room to increase rents. Value add opportunity.
Many of the properties are located in the better parts of the city close to businesses such as Macys, Starbucks, Kohls, etc.
Fort Wayne is experiencing high gentrification / new buildings going up all around the city.
City boasts several world class universities and medical facilities.
Good cash flow hedge against Covid19.
Fort Wayne Indiana was positioned #1 city in the country for real estate rental strength as of spring 2019 Zillow research.
High NOI and 11% cap rate enabling quick compounding of rents into your next forward portfolio purchases. Watch your portfolio grow quickly with strong rent yields to purchase price ratios.
Close of escrow will include several of the owner retained security deposits turned over to buyer totalling approx $25,000.
All copies of leases will be turned over to buyer before closing, and pro rated rents will be deducted from the final sales price to be paid by buyer. All keys for all units will be turned over to buyer upon closing. Not interested in owner carry financing sorry.
Call/ Text for more details (323) 247 1699
Off market
$98,800
1207 Elm St, Fort Wayne, IN 46808
3beds
1,528sqft
MultiFamily
Built in 1925
-- sqft lot
$98,800 Zestimate®
$65/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Other
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 1,528 sqft
Property
Lot
- Size: 3,750 sqft
Details
- Parcel number: 021203480004000074
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1925
Community & neighborhood
Location
- Region: Fort Wayne
Services availability

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Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$98,800
2% more+ $1,976
With Showcase(estimated)
$100,776