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Off market
  • $149,600

    1705 Wells St, Fort Wayne, IN 46808

    4beds
    1,794sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $149,600 Zestimate®
    $83/sqft
    $1,089 Estimated rent

    Home value

    $149,600

    $129,000 - $169,000

    $1,089/mo

    Zestimate® history
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    What's special

    **Multiple offer received. Highest and Best by 10PM, 01/14/2020 ** Historic income flowing duplex right in the Opportunity Zone, on Wells Corridor. A short walk to Promenade Park and downtown area (less than a mile)! Many possibilities...live in one unit and rent the other to pay your mortgage and you can live FREE !! Each unit has a large extra room that with an addition od a door can be a 3rd bedroom ! Rent both and make double your mortgage in gross income flow, buy it cash and get instant returns on your cash! Laundry hook ups! Fully rented, tenants pay electric. Long term tenants wish to remain. Owner pays water and gas. Act on this one before it's gone ! Hard to come by such a historic building at this price, in a designated Opportunity Zone! (Consult your tax professional on benefits of investing in an Opportunity zone).Bring in your offer! Both units are rented, tenant rights apply. Please allow 24-48hrs for scheduling. COVID-19 addendum included. Please use all precautions necessary. Thank you !

    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: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 4
    Heating
    • Forced air
    Appliances
    • Laundry: In Kitchen
    Features
    • Laminate Counters, Basement
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Unfinished
    • Common walls with other units/homes: No One Above
    Interior area
    • Total interior livable area: 1,794 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Wood
    Lot
    • Size: 4,791 sqft
    • Topography: Sloping
    Details
    • Parcel number: 020735379025000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne

    Other

    Other facts
    • Flooring: Wood, Carpet, Laminate
    • Sewer: Public Sewer
    • Heating: Forced Air
    • Topography: Sloping
    • ArchitecturalStyle: Two Story
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • CoolingYN: true
    • LeaseTerm: 12 Months
    • ConstructionMaterials: Wood Siding
    • CurrentFinancing: Conventional, Cash
    • Cooling: Window Unit(s)
    • GrossIncome: 1100
    • OwnerPays: Water, Gas
    • MainLevelBathrooms: 4
    • FarmLandAreaUnits: Square Feet
    • NumberOfUnitsLeased: 2
    • TrashExpense: 0
    • MaintenanceExpense: 1000
    • TenantPays: Electricity
    • CommonWalls: No One Above
    • ParkingFeatures: Off Street
    • LaundryFeatures: In Kitchen
    • InteriorFeatures: Laminate Counters, Basement
    • BelowGradeFinishedArea: 0
    • ElectricExpense: 0
    • InsuranceExpense: 0
    • WaterSource: City
    • MlsStatus: Active
    • FuelExpense: 1176.76

    Price history

    DateEventPrice
    4/15/2020Listing removed$87,900$49/sqft
    Source: Coldwell Banker Real Estate Group #202012947 Report a problem
    4/13/2020Listed for sale$87,900+113.3%$49/sqft
    Source: Coldwell Banker Real Estate Group #202012947 Report a problem
    1/25/2020Listing removed$575
    Source: Fort Wayne Property Group LLC Report a problem
    11/7/2019Listed for rent$575
    Source: Fort Wayne Property Group LLC Report a problem
    6/29/2019Listing removed$575
    Source: Fort Wayne Property Group LLC Report a problem
    5/16/2019Listed for rent$575+4.5%
    Source: Fort Wayne Property Group LLC Report a problem
    2/10/2018Listing removed$550
    Source: Fort Wayne Property Group Report a problem
    2/5/2018Price change$550-4.3%
    Source: Fort Wayne Property Group Report a problem
    12/29/2017Listed for rent$575+4.5%
    Source: Fort Wayne Property Group Report a problem
    4/28/2017Listing removed$550
    Source: Fort Wayne Property Group Report a problem
    3/10/2017Listed for rent$550
    Source: Fort Wayne Property Group Report a problem
    2/26/2016Listing removed$550
    Source: Fort Wayne Property Group Report a problem
    2/25/2016Listed for rent$550
    Source: Fort Wayne Property Group Report a problem
    11/7/2002Sold$41,201$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,658 +37.1%$120,700 -24.6%
    2024$2,668 +18.9%$160,000 +37.1%
    2023$2,243 +10.7%$116,700 +16.9%
    2022$2,027 +44.3%$99,800 +10.3%
    2021$1,405 +15.6%$90,500 +41%
    2020$1,215 +12.4%$64,200 +15.1%
    2019$1,081 +47.1%$55,800 +13.2%
    2018$734 +1.5%$49,300 +48.5%
    2017$723 +9.7%$33,200
    2016$660 -31%$33,200 -27.8%
    2014$956 +9.7%$46,000 +9.5%
    2013$872 +123.6%$42,000 +115.4%
    2011$390 $19,500 -17.4%
    2010-- $23,600 -1.3%
    2007-- $23,900 -47.1%
    2005-- $45,200 -27.3%
    2004-- $62,200 +249.4%
    2001-- $17,800 +199.7%
    1999-- $5,940

    Find assessor info on the county website

    Neighborhood: Bloomingdale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bloomingdale
    • 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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    $152,592