Listing courtesy of eXp Realty, LLC · Listing agent: Jordan Wildman · Home: 260-498-0384
7321 Ideal Avenue
Fort Wayne, IN 46809-2571Waynedale
Original price $269,900 · Price reduced on October 6, 2026
- 2-car garage
- Basement
- Bedrooms
- 5
- Bathrooms
- 3.5
- Living area
- 2,412 sq ft
- Lot
- 0.64 ac
- Year built
- 1925
- Type
- Site-Built Home
- Listed
- September 18, 2026
- MLS #
- 202638660
About this home
Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential 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): 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. 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. 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 5–10 years old). Exterior & Grounds: Low-maintenance aluminum siding, a low-maintenance yard, 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 garage plus an outdoor storage shed.
Monthly payment estimate
$1,827/mo
- Principal & interest
- $1,423
- Property taxes
- $328
- Homeowners insurance
- $76
- 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
- 17
- Total area
- 3,092 sq ft
- Finished area above grade
- 2,412 sq ft
- Unfinished area below grade
- 680 sq ft
- Below grade total
- 680 sq ft
- Bedrooms above grade
- 5
- Full baths, main level
- 2
- Full baths, upper level
- 1
- Half baths, main level
- 1
- Basement
- Cellar, Full, Walk-Out Basement, Partially Finished, Outside Entrance
- Flooring
- Hardwood, Carpet, Laminate, Tile, Vinyl
- Heating
- Electric, Natural Gas
- Cooling
- Wall Unit(s), Window Unit(s)
- Laundry
- Main Level
Exterior & parking
- Style
- Traditional
- Construction
- Aluminum Siding
- Roof
- Shingle
- Foundation
- Block, Poured Concrete
- Garage spaces
- 2
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 560 sq ft
- Parking
- Gravel
- Private pool
- No
- Fencing
- Partial
- Other structures
- Detached Garage
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Waynedale
- Lot features
- Level
- Lot size (acres)
- 0.64 ac
- Lot dimensions
- 125X224
- Location type
- City/Town/Suburb
- County
- Allen County
- Township
- Wayne
- Lots
- 6
- Platted
- Yes
- Planned unit development
- No
- Directions
- Enter into mapping system.
Schools
- Elementary school
- Waynedale
- Middle school
- Portage
- High school
- Wayne
- School district
- Fort Wayne Community
Taxes & terms
- Annual taxes
- $3,935
- Tax year
- 2026
- Listing terms
- Cash, Conventional, FHA, VA
- Possession
- Closing
- Parcel number
- 02-12-33-130-010.000-074
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Kitchen Exhaust Hood,Oven-Built-In,Oven-Electric,Range-Electric,Water Heater Electric
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Gas meters
- 10
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 1 | Upper | 11 × 12 ft |
| Bedroom 2 | Upper | 15 × 10 ft |
| Bedroom 3 | Upper | 10 × 16 ft |
| Bedroom 4 | Main | 15 × 10 ft |
| Bedroom 5 | Main | 11 × 14 ft |
| Laundry | Main | — |
Location
Area guide
Living in Fort Wayne
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