Listing courtesy of eXp Realty, LLC · Listing agent: Jordan Wildman · Home: 260-498-0384
3718 S Wayne Avenue
Fort Wayne, IN 46807Nindes
Original price $299,900 · Price reduced on October 6, 2026
- Basement
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,696 sq ft
- Lot
- 0.19 ac
- Year built
- 1930
- Type
- Site-Built Home
- Listed
- September 24, 2026
- MLS #
- 202639696
About this home
Investment Highlights Turn-Key Cash Flow: Grossing $2,885/month across three distinct, fully occupied units. Prime 07 Location: Nestled on historic South Wayne Ave, immediately adjacent to the highly desirable Illsley Place and Oakdale historic neighborhoods. Legal Triplex: Fully compliant with an established legal triplex variance in place. Utility Efficiency: All utilities are set up on RUBS (Ratio Utility Billing System) for seamless tenant expense pass-throughs. Low Maintenance Exterior: Features durable aluminum siding and a clean, solid exterior profile. Extensive Capital Improvements & Upgrades Roofing: Complete peace of mind with a brand-new shingle roof equipped with gutter guards, plus a new flat roof section. HVAC & Systems: Brand-new furnaces and central A/C units (all units enjoy Central Air; 1 shared high-efficiency heater for upper levels). Gas line was fully repaired/updated just a few years ago. Structural: Foundation wall professional restoration completed. Interior: Complete top-to-bottom interior remodel across all units featuring updated kitchens, modern bathrooms, refreshed flooring, and updated fixtures. Unit Breakdown & Layouts Unit 1 (Main Level - HUGE): Layout: 3 Bedrooms | 1 Full Bathroom (Boasts over 1,200+ sq. ft.) Features: A true showstopper featuring a gorgeous light-filled Solarium Room, expansive living and dining areas, character-rich details, and generous bedroom sizes. Unit 2 (Upper Level): Layout: 1 Bedroom | 1 Full Bathroom Features: Fully remodeled 1-bed layout with stylish finishes and central air. Unit 3 (Upper Level): Layout: 1 Bedroom | 1 Full Bathroom Features: Efficient, fully remodeled 1-bed unit with high tenant demand. On-Site Amenities & Value-Add Potential Coin-Operated Laundry: On-site coin laundry facility located in the huge basement, providing a steady stream of passive bonus income. Bonus Storage: Large basement offers potential for tenant storage lockers or additional owner storage. Future upside in rent increases given the top-tier location and fresh remodel. A rare, fully remodeled 3-unit property in Fort Wayne's booming 46807 zip code.
Monthly payment estimate
$1,933/mo
- Principal & interest
- $1,587
- Property taxes
- $261
- Homeowners insurance
- $85
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 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.
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Property details
Interior
- Levels
- Two
- Total rooms
- 13
- Total area
- 4,064 sq ft
- Finished area above grade
- 2,696 sq ft
- Unfinished area below grade
- 1,368 sq ft
- Below grade total
- 1,368 sq ft
- Bedrooms above grade
- 5
- Full baths, main level
- 1
- Full baths, upper level
- 2
- Basement
- Full, Unfinished
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Laundry
- Lower Level
Exterior & parking
- Construction
- Aluminum Siding, Brick
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Nindes
- Lot features
- Level
- Lot size (acres)
- 0.19 ac
- Lot dimensions
- 60X138
- County
- Allen County
- Township
- Wayne
- Lots
- 56
- Platted
- Yes
- Planned unit development
- No
- Directions
- Enter into a mapping app
Schools
- Elementary school
- Harrison Hill
- Middle school
- Kekionga
- High school
- South Side
- School district
- Fort Wayne Community
Taxes & terms
- Annual taxes
- $3,135
- Tax year
- 2026
- Possession
- Closing
- Parcel number
- 02-12-14-310-019.000-074
Included in the sale
- Included in sale
- Dishwasher,Refrigerator,Range-Electric
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 12
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 1 | Upper | 12 × 12 ft |
| Bedroom 2 | Upper | 12 × 12 ft |
| Bedroom 3 | Upper | 12 × 12 ft |
| Bedroom 4 | Upper | 12 × 12 ft |
| Bedroom 5 | Upper | 12 × 12 ft |
| Laundry | Lower | — |
Location
Area guide
Living in Fort Wayne
Neighborhoods, schools, cost of living and local housing trends — our guide to life in Fort Wayne.
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