Listing courtesy of eXp Realty, LLC · Listing agent: Jordan Wildman · Home: 260-498-0384

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Under contractOther

3109 Central Drive

$399,900

$103.71 / sq ft

Fort Wayne, IN 46806-3826Pontiac Place

Original price $499,900 · Price reduced on September 28, 2026

  • Basement
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Bedrooms
11
Bathrooms
5.5
Living area
3,856 sq ft
Lot
0.12 ac
Year built
1927
Type
Other
Listed
June 16, 2026
MLS #
202623690

About this home

***POTENTIAL LAND CONTRACT WITH STRONG DOWNPAYMENT*** This FULLY OCCUPIED 5 single-family home investment package in the desirable ’06 area of Fort Wayne offers immediate cash flow with a combined monthly rental income of $3,805. ALL UTILITIES ARE PAID BY TENANTS, creating a more efficient management structure for investors. The portfolio includes four 2-bedroom, 1-bath homes and one 3-bedroom, 1.5-bath home, each equipped with a refrigerator and oven/range. The properties also feature a combination of detached garages, off-street or street parking, full basements, and recent updates, adding long-term tenant appeal and functionality. Conveniently located near McMillen Park and Weisser Park, and within 5 minutes of shopping and dining, this package presents an excellent opportunity for investors seeking stable income and portfolio growth in a well-connected area.

Property details

Interior

Stories
2
Total area
6,455 sq ft
Finished area above grade
3,856 sq ft
Unfinished area below grade
2,599 sq ft
Main level
3,398 sq ft
Upper level
458 sq ft
Below grade total
2,599 sq ft
Bedrooms above grade
11
Basement
Full, Unfinished
Flooring
Carpet, Wood, Tile
Heating
Natural Gas, Forced Air
Amenities
Basement, Ceiling Fan, Fenced Yard, Off Street Parking, Near Walking Trail, Countertops-Laminate, Porch Covered, Porch Enclosed, Porch Open, Water Heater Gas, Washer Hook-Up

Exterior & parking

Construction
Vinyl Siding
Roof
Asphalt, Shingle
Foundation
Block
Parking
Concrete, Gravel, Garage, Off Street, On Street
Private pool
No
Fencing
Full, Wire, Wood
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Pontiac Place
Lot features
Corner Lot, Level
Lot size (acres)
0.12 ac
Lot dimensions
40X130
Location type
City/Town/Suburb,Near Walking Trail
County
Allen County
Township
Wayne
Lots
470
Platted
Yes
Planned unit development
No
Directions
Enter address into Google Maps.

Schools

Elementary school
Haley
Middle school
Lane
High school
Snider
School district
Fort Wayne Community

Taxes & terms

Annual taxes
$7,496
Tax year
2026
Possession
At Closing
Parcel number
02-13-18-179-003.000-074

Included in the sale

Included in sale
Building,Land,Lease
Excluded from sale
All Tenant Personal Property

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
NIPSCO
Water provider
Fort Wayne City Utilities

Income & commercial

Units
5
Buildings
5
Annual gross rent
$45,660
Net operating income
$38,164
Parking spaces
7
Pets allowed
Yes
Tenant pays
Electricity, Fuel, Lawn Care, Sewer, Snow Removal, Trash Collection, Water
Electric meters
5
Gas meters
5
Water meters
5

Location

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$399,900

11 beds · 5.5 baths