PRICE JUST REDUCED! Fantastic turnkey investment opportunity! This fully leased 3-unit triplex offers over 3,100 sq ft of living. Property includes one 3BR/1BA unit and two 1BR/1BA units, all with separate outside entrances. Excellent location just 1 mile from I-469 and close to shopping, dining, and amenities. Plenty of parking available. Shared laundry with exterior basement access. Each unit has its own electric meter (tenant-paid). Boiler heat services all units. Property features well water, city sewer, natural gas, & low-maintenance siding. Owner currently pays water/sewer, gas, and trash. Situated on just under 1 acre with privacy and woods at the rear, plus a shared storage shed. Unit #3 includes owner-provided furnishings. New asphalt and gravel drive in 2024. Strong rental history with property management already in place—excellent ROI and a true hands-off investment!
Closed
$243,000
12717 S Us Highway 27, Fort Wayne, IN 46816
5beds
3,144sqft
Triplex
Built in 1880
-- sqft lot
$247,200 Zestimate®
$--/sqft
$1,165 Estimated rent
Home value
$247,200
$225,000 - $272,000
$1,165/mo
Zestimate® history
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List your homeWhat's special
Separate outside entrancesLow-maintenance siding
Zillow last checked:
Listing updated:
Listed by:
Andrea Zehr Cell:260-494-2852,
eXp Realty, LLC
Bought with:
Lesley Banks-Craft
BINKLEY REAL ESTATE
Source: IRMLS,MLS#: 202547039
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Laminate Counters, Entrance Foyer
- Flooring: Carpet, Wood, Vinyl
- Basement: Unfinished
Interior area
- Total structure area: 4,424
- Total interior livable area: 3,144 sqft
- Finished area above ground: 3,144
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Gravel, Off Street, Off Street Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 0.86 Acres
- Dimensions: 265x180x235x125
- Features: Level, Few Trees
Details
- Additional structures: Shed(s)
- Parcel number: 021817400016.000051
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: City
- Water: Well
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $248,200
- Annual tax amount: $3,770
- Date on market: 11/22/2025
- Inclusions: Building, Land
- Lease term: 12 Months,Negotiable
- Total actual rent: 29376
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $243,000+1.3% |
Source:  IRMLS #202547039 Report a problem | ||
| 1/2/2026 | Pending sale | $239,900 |
Source: IRMLS #202547039 Report a problem | ||
| 11/26/2025 | Price change | $239,900-4% |
Source: IRMLS #202547039 Report a problem | ||
| 11/22/2025 | Listed for sale | $249,900+13.6% |
Source: IRMLS #202547039 Report a problem | ||
| 9/9/2021 | Listing removed | $219,900 |
Source: IRMLS #202125715 Report a problem | ||
| 8/30/2021 | Listed for sale | $219,900 |
Source: IRMLS #202125715 Report a problem | ||
| 7/25/2019 | Listing removed | $499 |
Source: Select Property Management Pros Report a problem | ||
| 7/10/2019 | Listed for rent | $499 |
Source: Select Property Management Pros Report a problem | ||
| 2/5/2018 | Listing removed | $499 |
Source: Select Property Management Pros Report a problem | ||
| 1/27/2018 | Listed for rent | $499 |
Source: Select Property Management Pros Report a problem | ||
| 9/6/2017 | Listing removed | $499 |
Source: SELECT PROPERTY MANAGEMENT PROS - Property # 325087 Report a problem | ||
| 4/21/2017 | Listed for rent | $499 |
Source: Select Property Management Pros Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,767 +35.1% | $248,200 +12.6% |
| 2024 | $2,788 +67.2% | $220,500 +47.8% |
| 2023 | $1,667 +14% | $149,200 +20.5% |
| 2022 | $1,463 +10.7% | $123,800 +26.2% |
| 2021 | $1,321 +0.8% | $98,100 +11.4% |
| 2020 | $1,311 -3.6% | $88,100 +3.3% |
| 2019 | $1,360 +2.5% | $85,300 +0.6% |
| 2018 | $1,327 +2.4% | $84,800 +7.3% |
| 2017 | $1,296 +1.9% | $79,000 +2.6% |
| 2016 | $1,272 -1.2% | $77,000 -0.3% |
| 2014 | $1,288 -2.9% | $77,200 |
| 2013 | $1,326 +5.6% | $77,200 +3.6% |
| 2011 | $1,255 | $74,500 |
| 2010 | -- | $74,500 -23.1% |
| 2007 | -- | $96,900 +23.6% |
| 2005 | -- | $78,400 |
Find assessor info on the county website
Neighborhood: Hessen Cassel
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Nearby schools
GreatSchools rating
- 6/10Hoagland Elementary SchoolGrades: K-6Distance: 6 mi
- 4/10Heritage Jr/Sr High SchoolGrades: 7-12Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Heritage
- Middle: Heritage
- High: Heritage
- District: East Allen County
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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$247,200
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- Indiana
- Allen County
- Fort Wayne
- 46816
- Hessen Cassel
- 12717 S Us Highway 27
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