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Off market
  • $170,400

    1508 Spy Run Ave, Fort Wayne, IN 46805

    3beds
    2,220sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $170,400 Zestimate®
    $77/sqft
    $1,131 Estimated rent

    Home value

    $170,400

    $148,000 - $191,000

    $1,131/mo

    Zestimate® history
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    Owner options

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    $1,131/mo

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    $1,131/mo

    Rent Zestimate®

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    $1,080/mo

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    $1,080/mo

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    What's special

    This is a 3 unit apartment building with one efficiency on main, one bedroom at the back of property and a 2 bedroom on second floor. 3 parking spaces in back. It has 4 electric meters, 3 gas meters. Owner has property Management Co. in place. Instant return on investment $1549/ month rental income. Can be purchased as a package with another rented Duplex MLS: 201952055, 340 W Dewald.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Features
    • Basement
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 2,220 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Wood
    Lot
    • Size: 3,009 sqft
    • Topography: Level
    Details
    • Parcel number: 021202231003000074
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story, Foursquare
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1924

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne

    Other

    Other facts
    • Flooring: Wood, Carpet, Vinyl
    • Sewer: Public Sewer
    • Heating: Forced Air, Natural Gas
    • Topography: Level
    • Roof: Asphalt
    • ArchitecturalStyle: Two Story, Foursquare
    • ZoningDescription: Residential
    • HeatingYN: true
    • NumberOfUnitsTotal: 3
    • LeaseTerm: 12 Months
    • OwnerPays: Sewer, Trash Collection, Water, Taxes, Snow Removal, Common Area Maintenance, Maintenance
    • ConstructionMaterials: Wood Siding
    • CurrentFinancing: Conventional, Cash
    • FoundationDetails: Block
    • MainLevelBathrooms: 3
    • NumberOfBuildings: 1
    • NumberOfUnitsLeased: 3
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • MaintenanceExpense: 500
    • TenantPays: Electricity
    • CommonWalls: No One Above
    • ParkingFeatures: Off Street
    • BelowGradeFinishedArea: 0
    • ElectricExpense: 0
    • RoadSurfaceType: Asphalt
    • InsuranceExpense: 600
    • Gas: Gas
    • NumberOfSeparateElectricMeters: 4
    • NumberOfSeparateGasMeters: 3
    • InteriorFeatures: Basement
    • CommunityFeatures: City/Town/Suburb
    • WaterSource: City
    • FuelExpense: 1200
    • NumberOfSeparateWaterMeters: 1
    • GrossIncome: 1549
    • MlsStatus: Active
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/28/2020Sold$83,500-8.7%$38/sqft
    Source: Agent Provided Report a problem
    12/6/2019Listed for sale$91,500-4.2%$41/sqft
    Source: Keller Williams Fort Wayne #201952045 Report a problem
    10/1/2019Listing removed$95,550$43/sqft
    Source: CENTURY 21 Bradley Realty, Inc. #201849976 Report a problem
    7/1/2019Price change$95,550-0.2%$43/sqft
    Source: CENTURY 21 Bradley Realty, Inc. #201849976 Report a problem
    12/14/2018Price change$95,750-0.3%$43/sqft
    Source: CENTURY 21 Bradley Realty, Inc. #201849976 Report a problem
    11/9/2018Listed for sale$96,000+140.6%$43/sqft
    Source: CENTURY 21 Bradley Realty, Inc #201849976 Report a problem
    9/1/2016Listing removed$39,900$18/sqft
    Source: RealtyFlex of N.E. Indiana LLC #201538596 Report a problem
    8/4/2016Price change$39,900-11.1%$18/sqft
    Source: RealtyFlex of N.E. Indiana LLC #201538596 Report a problem
    4/30/2016Price change$44,900-10%$20/sqft
    Source: RealtyFlex of N.E. Indiana LLC #201538596 Report a problem
    11/25/2015Listed for sale$49,900$22/sqft
    Source: RealtyFlex of N.E. Indiana LLC #201538596 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,141 -4.9%$175,300 +27.6%
    2024$3,304 +22.5%$137,400 -4.9%
    2023$2,697 +19.3%$144,500 +20.4%
    2022$2,260 +54.6%$120,000 +18.9%
    2021$1,462 +21.4%$100,900 +51%
    2020$1,204 -0.3%$66,800 +20.8%
    2019$1,208 +52.9%$55,300 +0.4%
    2018$790 +1.5%$55,100 +54.3%
    2017$778 +37.1%$35,700
    2016$567 -43.8%$35,700 -26.5%
    2014$1,010 +0.1%$48,600
    2013$1,009 +3.8%$48,600
    2011$972 $48,600
    2010-- $48,600 -23.6%
    2007-- $63,600 +5.1%
    2005-- $60,500
    2004-- $60,500 +207.1%
    2001-- $19,700

    Find assessor info on the county website

    Neighborhood: Spy Run

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Forest Park
    • Middle: Lakeside
    • High: North Side
    • District: Fort Wayne Community

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $170,400
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    With Zillow Showcase(estimated)
    $173,808