Skip main navigation
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

    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

    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
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    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