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.
Active
Price cut: $4.9K (6/3)
$265,000
1426 High St, Fort Wayne, IN 46808
5beds
3,034sqft
Est.:
Fiveplex
Built in 1900
-- sqft lot
$255,000 Zestimate®
$--/sqft
$-- HOA
What's special
Five one-bedroom one-bathroom unitsWell-balanced layout
- 117 days
- on Zillow |
- 541 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 11:34am
Listed by:
Jordan Wildman Home:260-498-0384,
eXp Realty, LLC
Source: IRMLS,MLS#: 202504025

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Laminate Counters, Eat-in Kitchen
- Flooring: Carpet, Laminate
- Basement: Partial
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
- Finished area above ground: 3,034
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Fencing: None
Lot
- Size: 0.27 Acres
- Dimensions: 86X139
- Features: Level
Details
- Additional structures: None
- Parcel number: 021203252022.000074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fiveplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Community & HOA
Community
- Subdivision: Wayne Heights
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $194,900
- Annual tax amount: $3,911
- Date on market: 2/7/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Building, Land, Lease
- Lease term: Month To Month
- Total actual rent: 37080
- Tenant pays: Electricity, Fuel, Water
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