1005 Cottage Avenue
Fort Wayne, IN, 46807 $ 164,900
Bedrooms3 Baths1.0 Sq 1,408 Monthly Estimate*
$ 1,015
for $164,900 with 3 bedrooms and 1 full bath. This 1,408 square foot home was built in 1906 on a lot size of 0.13.
Start Showing Date: 6/23/2026 Investor opportunity in the heart of Fort Wayne's desirable 46807 district! This well-maintained 3-bedroom, 1-bath two-story home offers immediate cash flow with a tenant already in place through March 2027 at $1,600 per month, creating a turnkey investment with stable income from day one.Located just minutes from Electric Works, downtown Fort Wayne, restaurants, entertainment, parks, and major employment centers, this property combines historic character with numerous updates completed during the current ownership period. Improvements include a remodeled kitchen with updated cabinetry and countertops, remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical updates include a new furnace and central air conditioning installed in 2022, with the HVAC system professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022, along with a washer and dryer added in 2025.The property also benefits from a structural engineer assessment completed in 2022 regarding the basement, providing additional information and peace of mind for future ownership.The home offers approximately 1,408 square feet, spacious bedrooms, a dedicated dining room, basement storage, detached garage with alley access, a large covered front porch, and a generously sized lot. Investors will appreciate the opportunity to acquire a performing asset with an established tenant already in place, reducing vacancy concerns and providing predictable income from day one.Whether you're expanding your portfolio or seeking a well-maintained investment property in one of Fort Wayne's most active growth corridors, 1005 Cottage Avenue presents an excellent opportunity to secure a leased property with proven rental income and substantial recent improvements.Tenant occupied through March 2027. Lease available upon request. Minimum 24-hour notice required for all showings, and showings to only be on Tuesdays. Property is being sold AS-IS. Some photos have been digital staged for tenant privacy.
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Single Family Coming Soon
FeaturesGeneralSewer City
Heating Gas Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Garage Detached
Amenities Cable Ready Closet(s) Walk-in Countertops-Laminate Dryer Hook Up Electric Patio Covered Range/Oven Hook Up Elec Tub/Shower Combination Formal Dining Room Main Floor Laundry Washer Hook-Up
Status Active Listed Coming Soon
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1906
New Construction No
Subdivision Weber(s)
Style Two Story
Township Wayne
Class RESIDENTIAL
Type Site-Built Home
Age 120
Inside City Limits Yes
REO No
Status Detail 8
Common Amenities Sidewalks
Dining Room Level Main
Area Allen County
Location City/Town/Suburb
High School South Side
City Fort Wayne
School District Fort Wayne Community
Architectural Style Traditional Foursquare
Total Sq Ft 1936
Elementary School South Wayne
Middle School Portage
Legal Description LOT 12 WEBERS ADD
Agent First Name Edmond
Agent Last Name Jemison
DOM 1
Tax Year Fall 2025/Spring 26
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InteriorBasement Partial Basement Unfinished
Flooring Carpet Laminate
HVAC Energy Star A/C High Efficiency Furnace
Beds 3
Total Rooms 8
Dining Room Length 12
Dining Room Width 17
Fireplace None
Living Room Width 18
Living Room Length 13
Full Baths Main 0
Full Baths Upper 1
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Upper
1st Bedroom Width 17
2nd Bedroom Length 15
2nd Bedroom Level Upper
2nd Bedroom Width 11
3rd Bedroom Length 10
3rd Bedroom Level Upper
3rd Bedroom Width 10
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ExteriorExterior Wood Masonite
Driveway Gravel
Pool No
Garage Length 14
Garage Width 21
Lot Size Area 5454
Lot Dimensions 41' x 133'
Lot Description Level Wooded
Fence Chain Link Pet Fence
Water Features None
Garage Capacity 1
Waterfront Y/N No
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* Excluded FeaturesList ByEdmond JemisonListing Agent
Century 21 Bradley Realty, IncBroker
jemison0822@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,015
- Monthly Property Taxes
- $147
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Fort Wayne, IN
Average List Price $344,850
Percent of Sale Price 109%
About Fort Wayne, IN 262,196 Population
5% Since 2002
$ 44,785 Median Income
36.31 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237103 Elementary School
1235721 Middle School
South Side High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2026 | $164,900 | | Listed Price |