Discover an exceptional investment opportunity with this 1,848 sqft multifamily property, featuring a FULLY OCCUPIED TRIPLEX: a studio, a 1 bed/1 bath, and a 2 bed/1 bath. With a solid $2,300/month rental income already in place, this property delivers instant cashflow and long-term potential. With Unit 3 already billed through RUBS and the potential to implement RUBS across all units, investors can unlock even greater returns. Recently refreshed with new flooring and paint in the last 2 years. Ideally situated near Lutheran Park, Packard Park, and the Rivergreenway, and only 3 minutes from the thriving Electric Works development, tenants will love the convenience and lifestyle this location provides. For those seeking scale, this triplex can also be packaged with 939 Lincoln Ave, 228 W Leith St, and/or 1510 Taylor St for a rare multi-property opportunity in one of Fort Wayne’s most desirable rental markets.
Closed
$175,000
1001 Lincoln Ave, Fort Wayne, IN 46807
3beds
1,848sqft
Triplex
Built in 1926
-- sqft lot
$178,900 Zestimate®
$--/sqft
$1,359 Estimated rent
Home value
$178,900
$163,000 - $197,000
$1,359/mo
Zestimate® history
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New flooring and paint
Zillow last checked:
Listing updated:
Listed by:
Jordan Wildman Home:260-498-0384,
eXp Realty, LLC
Bought with:
Jordan Wildman, RB19001056
eXp Realty, LLC
Source: IRMLS,MLS#: 202534325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Hot Water
Cooling
- None
Features
- Ceiling Fan(s)
- Flooring: Carpet, Parquet, Tile
- Basement: Partial,Unfinished
Interior area
- Total structure area: 2,915
- Total interior livable area: 1,848 sqft
- Finished area above ground: 1,848
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 2,178 Square Feet
- Dimensions: 30X69.8
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 021214101010.001074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Wood Siding
- Roof: Asphalt,Flat,Shingle
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Brandriff & Miners
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $120,700
- Annual tax amount: $2,656
- Date on market: 8/27/2025
- Listing terms: Cash,Conventional,Other
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 27600
- Tenant pays: Electricity, Fuel, Snow Removal, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $175,000-12.5% |
Source:  IRMLS #202534325 Report a problem | ||
| 12/5/2025 | Pending sale | $199,900 |
Source: IRMLS #202534325 Report a problem | ||
| 10/27/2025 | Price change | $199,900-2.4% |
Source: IRMLS #202534325 Report a problem | ||
| 9/10/2025 | Price change | $204,900-2.4% |
Source: IRMLS #202534325 Report a problem | ||
| 8/27/2025 | Listed for sale | $209,900 |
Source: IRMLS #202534325 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,657 +26.9% | $120,700 +3.9% |
| 2024 | $2,094 +19.6% | $116,200 +26.9% |
| 2023 | $1,751 +43.7% | $91,600 +17.6% |
| 2022 | $1,218 +14.1% | $77,900 +43.2% |
| 2021 | $1,068 +30.4% | $54,400 +11.5% |
| 2020 | $819 -0.7% | $48,800 +29.8% |
| 2019 | $824 -0.9% | $37,600 |
| 2018 | $832 +1.5% | $37,600 |
| 2017 | $819 +10.2% | $37,600 |
| 2016 | $743 +38.1% | $37,600 +45.2% |
| 2014 | $538 +181.9% | $25,900 +181.5% |
| 2013 | $191 | $9,200 -73.6% |
| 2005 | -- | $34,800 |
| 2004 | -- | $34,800 +73.1% |
| 2001 | -- | $20,100 |
Find assessor info on the county website
Neighborhood: Creighton Home
Nearby homes
- $--1 bd1 ba600 sqft1001 Lincoln Ave #2, Fort Wayne, IN 46807Off Market
- $--2 bd1 ba500 sqft1001 Lincoln Ave #3, Fort Wayne, IN 46807Off Market
- $---- bd1 ba300 sqft1001 Lincoln Ave #1, Fort Wayne, IN 46807Off Market
- $209,0004 bd3 ba2.6k sqft939 Lincoln Ave, Fort Wayne, IN 46807Sold
- $--2 bd1 ba800 sqft939 Lincoln Ave #1A, Fort Wayne, IN 46807Off Market
- $122,2002 bd1 ba1.5k sqft1003 Lincoln Ave, Fort Wayne, IN 46807Off Market
- $120,6002 bd2 ba1.3k sqft1005 Lincoln Ave, Fort Wayne, IN 46807Off Market
- $71,7504 bd4 ba2.6k sqft925 Lincoln Ave, Fort Wayne, IN 46807Sold
Nearby schools
GreatSchools rating
- 2/10South Wayne Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Portage Middle SchoolGrades: 6-8Distance: 1.9 mi
- 2/10South Side High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: South Wayne
- Middle: Portage
- High: South Side
- District: Fort Wayne Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Allen County
- Fort Wayne
- 46807
- Creighton Home
- 1001 Lincoln Ave
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