1231 Stophlet Street Fort Wayne, IN ^$ 220,000

1231 Stophlet Street

^$ 220,000

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1231 Stophlet Street

Fort Wayne, IN, 46802

^$ 220,000

Bedrooms5 Baths2.0 Sq 2,124

Monthly Estimate*

^$ 1,537

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Multi-Family Home for sale in Fort Wayne, IN

for $220,000 with 5 bedrooms and 2 full baths. This 2,124 square foot home was built in 1900.

Beautiful two-story Victorian home currently being used as room rentals. Property is located close to Electric Works. Great income producing opportunity or it could be used as a personal residence. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.

Multi-Family Active

Price

^$ 220,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 93

Style

Victorian

Year Built

1900

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202343520

Features

General

Heating Gas Forced Air

Cooling None

Sewer City

Pool Y/N No

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1900

Parking Off Street Street

New Construction No

Tenant Pays None

Subdivision Stophlets

Style Two Story

Stories 2

Township Wayne

Class INVESTMENT

Type Fiveplex

Age 124

Net Income 24967

Rent Income 34720

Features Off Street Parking

REO No

Common Amenities None

Area Allen County

Location City/Town/Suburb

High School Wayne

City Fort Wayne

School District Fort Wayne Community

Architctural Style Victorian

Total Sq Ft 3024

Street Name Stophlet

Elementary School Study

Middle School Kekionga

Legal Description W 30 2/3' Lot 25 Stophlets Addition

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202343520

Agent First Name David

Agent Last Name Budd

DOM 146

Tax Year 2022

Interior

Basement Partial Basement Unfinished

Flooring Laminate

Beds 5

Total Number of Units 5

Microwaves 1

Refrigerators 1

Washers 1

Dryer(s) 1

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 5

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 0

Ranges/Ovens 1

W/D Hookups 1

Basement Material Poured Concrete

Exterior

Exterior Brick

Number of Parking Spaces 5

Lot Size Area 4356

Lot Dimensions 31x140

Lot Description Level

Fence None

Water Meters 1

Electric Meters 1

Outbuilding None

Water Features None

Gas Meters 1

Waterfront Y/N No

* Excluded Features

List By

David Budd

Listing Agent

Tree City Realty

Broker

dave@davidbuddhomes.com

Affordability Calculator

$1,545

Per Month

Monthly Principal & Interest: $1,537
Monthly Property Taxes: $8
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Fort Wayne, IN

Average List Price ^$208,148

Percent of Sale Price 5%

About Fort Wayne, IN

262,196 Population

5% Since 2002

^$44,785 Median Income

36.31 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237006 Elementary School

1237548 Middle School

Wayne High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/18/2024	$220,000	-4.35%	Price Down
2/1/2024	$230,000	-4.17%	Price Down
1/11/2024	$240,000	-4.00%	Price Down
12/18/2023	$250,000	-7.41%	Price Down
12/10/2023	$270,000	-6.90%	Price Down
12/4/2023	$290,000	-3.33%	Price Down
12/2/2023	$300,000		Listed Price

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1231 Stophlet Street, Fort Wayne, IN, 46802 is a Multi-Family Home for sale at $220,000 with 2,124 sqft. 1231 Stophlet Street has 5 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 46802 which is in Fort Wayne, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1231 Stophlet Street

Multi-Family Home for sale in Fort Wayne, IN

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