Listing courtesy of North Eastern Group Realty · Listing agent: Alyssa Schendel · Cell: 260-515-6059

ActiveTriplex

1527 Crescent Avenue

$179,900

$94.63 / sq ft

Est. $1,278/mo

Fort Wayne, IN 46805-5025Forest Park

Original price $189,000 · Price reduced on September 30, 2026

  • Basement
Bedrooms
3
Bathrooms
3
Living area
2,822 sq ft
Lot
0.16 ac
Year built
1920
Type
Triplex
Listed
September 25, 2026
MLS #
202639885

About this home

Move in ready, or rent this Tri-plex and start cash flowing! Super location close to PFW, the State St Corridor and walking distance to Lakeside Park This home features three one bedroom units. All appliances stay but are not warranted.The Main floor unit has stone front wood burning fireplace and natural hardwood floors throughout. The home is heated with gas hot water, and there are separate thermostats in each unit. There is a one car garage with new garage door and opener perfect for storage, your own personal parking or leasing to one of the renters. This property has great potential and is turn key for the next owner! AS IS WHERE IS SALE.

Monthly payment estimate

$1,278/mo

Principal & interest
$985
Property taxes
$240
Homeowners insurance
$53
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Stories
2
Total area
3,743 sq ft
Finished area above grade
1,901 sq ft
Finished area below grade
921 sq ft
Unfinished area below grade
921 sq ft
Below grade total
1,842 sq ft
Bedrooms above grade
2
Bedrooms below grade
1
Basement
Full
Flooring
Carpet, Laminate, Wood, Vinyl
Heating
Natural Gas, Hot Water
Cooling
Window Unit(s)
Amenities
Fireplace, Porch Covered

Exterior & parking

Construction
Aluminum Siding
Parking
Garage
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Forest Park
Lot features
Corner Lot, 0-2.9999
Lot size (acres)
0.16 ac
Lot dimensions
47X150
County
Allen County
Township
Wayne
Lots
1
Platted
Yes
Planned unit development
No
Directions
State Street to Crescent, South on Crescent

Schools

Elementary school
Forest Park
Middle school
Lakeside
High school
North Side
School district
Fort Wayne Community

Taxes & terms

Annual taxes
$2,880
Tax year
2025
Listing terms
Cash, Conventional
Possession
At Closing
Parcel number
02-07-36-459-011.000-074

Included in the sale

Included in sale
Lease

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
3
Annual gross rent
$30,300
Net operating income
$20,664
Lease term
12 Months
Parking spaces
4
Pets allowed
No
Tenant pays
Electricity
Electric meters
2
Gas meters
1
Water meters
1
Insurance (annual)
$564
Water & sewer (annual)
$2,476
Electric (annual)
$1,656
Fuel (annual)
$1,860
Maintenance (annual)
$200

Location

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$179,900

3 beds · 3 baths