7321 Ideal Avenue Fort Wayne, IN $ 269,900
7321 Ideal Avenue
$ 269,900
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7321 Ideal Avenue

Fort Wayne, IN, 46809
$ 269,900
Bedrooms4 Baths3.1 Sq 2,412

Monthly Estimate*

$ 1,704

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Multi-Family Home for sale in Fort Wayne, IN

for $269,900 with 4 bedrooms and 3 full baths, 1 half bath. This 2,412 square foot home was built in 1925.

Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential OR The perfect House Hack! This Triplex can also be combined with a total of 12 Units in a package deal of Turnkey Property with Potential Seller Financing! There is also a 2.75% Assumable Mortgage on this specific Triplex! Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): (Owners Unit) Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). Unit B (Ground Level - Left Side): Layout: Studio Apartment | 1 Full Bathroom Features: Convenient side-entry studio layout partially built on a slab. Low-maintenance footprint with cozy single-level living. (Would make a wonderful Airbnb) Heating & Cooling: Electric Baseboard | Window A/C. Unit C (Ground Level - Right Rear): Layout: 1 Bedroom | 1 Full Bathroom Features: Situated at the right rear of the structure, positioned above the attached garage space. Quick access to the adjacent shared laundry area. Heating & Cooling: Gas Forced Air | Window A/C. ? Property Upgrades, Mechanicals & Utilities Utilities & Billing: Units feature separate electric metering. Seperate Gas, and water/trash are metered and billed via a Ratio Utility Billing System (RUBS), allowing for simple and fair expense pass-throughs. Mechanical Systems: Gas forced-air furnaces (approx. 15 years old) and electric water heaters (estimated 510 years old). Exterior & Grounds: Low-maintenance aluminum siding, a lalmost 3/4 Acre Lot, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. Property features a 2nd detached 1.5 garage that could be rented out or potentially turned into an additional unit!

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Multi-Family Active

Price

$ 269,900

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 3,940

Style

Triplex

Year Built

1925

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202638584

Features
General
Heating Electricity Gas
Cooling Wall AC Window
Sewer City
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1925
Parking Garage Gravel
New Construction No
Tenant Pays Electric Heating Sewer Trash Collection Water
Subdivision Waynedale
Style One and Half Story
Stories Count 2
Township Wayne
Class INVESTMENT
Type Triplex
Age 101
Net Income 25972
Rent Income 31680
Features Basement Ceiling Fan Countertops-Laminate Detector-Smoke Eat-In Kitchen Garage Door Opener Landscaped Patio Open Water Heater Electric Washer Hook-Up
REO No
Status Detail 0
Common Amenities Swing Set
Area Allen County
Location City/Town/Suburb
High School Wayne
City Fort Wayne
School District Fort Wayne Community
Total Sq Ft 3092
Elementary School Waynedale
Middle School Portage
Legal Description S 124.9 FT LOT 6 GEO E MASON SUB
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202638584
Agent First Name Jordan
Agent Last Name Wildman
DOM 1
Tax Year 2026
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Exterior
Road Surface Asphalt
Road Access City
Exterior Aluminum
Driveway Gravel
Pool No
Number of Parking Spaces 8
Lot Size Area 28000
Lot Dimensions 125X224
Lot Description Level
Fence Wood
Water Meters 1
Electric Meters 3
Outbuilding 2nd Detached Garage
Gas Meters 2
Waterfront Y/N No
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Interior
Basement Slab Full Basement Unfinished
Flooring Carpet Vinyl
Beds 5
Total Number of Units 3
Microwaves 0
Refrigerators 3
Washers 1
Dryer(s) 1
Dishwasher(s) 1
Disposal(s) 1
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 4
Ranges/Ovens 3
W/D Hookups 1
Basement Material Block
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* Excluded Features
List By
Jordan Wildman

Listing Agent

Exp Realty, Llc

Broker

jordan@wildmanrealestate.group

Email

Affordability Calculator

$2,033
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,704
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1236917 Elementary School
1235721 Middle School
Wayne High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$269,900 Listed Price

Map


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7321 Ideal Avenue, Fort Wayne, IN, 46809 is a Multi-Family Home for sale at $269,900 with 2,412 sqft. 7321 Ideal Avenue has 4 bedrooms, 3.1 baths, and was built in 1925. The property's zip code is 46809 which is in Fort Wayne, IN