Check out this excellent Investment Opportunity just SE of Electric Works! This property includes 4 units to the home, with one currently rented. Access to the rented unit is through the front, the three other units are accessed in the rear of the home. The property also includes a large (28x24) 2-car Detached Garage. Back on Market on no fault of the seller, due to previous buyer backing out due to financing falling through.
Closed
Zestimate®
$75,000
324 W Butler St, Fort Wayne, IN 46802
4beds
2,456sqft
Quadruplex
Built in 1925
-- sqft lot
$75,000 Zestimate®
$--/sqft
$900 Estimated rent
Home value
$75,000
$70,000 - $80,000
$900/mo
Zestimate® history
Owner options
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$900/mo
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$900/mo
Rent Zestimate®
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$366/mo
Est. payment
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$366/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joel M Griebel Cell:260-580-7614,
Coldwell Banker Real Estate Gr,
Robert Griebel,
Coldwell Banker Real Estate Gr
Bought with:
Twylia Gottfried, RB14033458
CENTURY 21 Bradley Realty, Inc
Source: IRMLS,MLS#: 202604988
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Ceiling-9+
- Flooring: Carpet, Vinyl Tile
- Basement: Full,Unfinished,Block,Concrete
Interior area
- Total structure area: 3,690
- Total interior livable area: 2,456 sqft
- Finished area above ground: 2,456
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Private, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 2
- Fencing: None
Lot
- Size: 5,227 sqft
- Dimensions: 35X150
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 021211404026.000074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Fort Wayne
- Subdivision: Fox(s)
HOA & financial
Other financial information
- Total actual rent: 4620
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $75,000-21% |
Source:  IRMLS #202604988 Report a problem | ||
| 5/14/2026 | Pending sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
| 4/27/2026 | Listed for sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
| 3/3/2026 | Pending sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
| 2/27/2026 | Listed for sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
| 2/25/2026 | Pending sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
| 2/17/2026 | Listed for sale | $94,900 |
Source: IRMLS #202604988 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,066 +19.9% | $146,100 +8.9% |
| 2024 | $2,556 -1% | $134,100 +19.9% |
| 2023 | $2,582 +63.8% | $111,800 -2.7% |
| 2022 | $1,577 +31.7% | $114,900 +63.2% |
| 2021 | $1,197 +0.5% | $70,400 +28.7% |
| 2020 | $1,191 -6.8% | $54,700 -37.3% |
| 2019 | $1,278 +18.1% | $87,200 +49.6% |
| 2018 | $1,082 +1.5% | $58,300 +19.2% |
| 2017 | $1,066 -4.9% | $48,900 |
| 2016 | $1,120 +138.5% | $48,900 +116.4% |
| 2014 | $470 -0.8% | $22,600 -0.9% |
| 2013 | $473 +51.7% | $22,800 +46.2% |
| 2011 | $312 | $15,600 +2% |
| 2010 | -- | $15,300 -72.1% |
| 2007 | -- | $54,900 +118.7% |
| 2005 | -- | $25,100 |
| 2004 | -- | $25,100 +51.2% |
| 2001 | -- | $16,600 |
Find assessor info on the county website
Neighborhood: Hoagland Masterson
Nearby schools
GreatSchools rating
- 4/10Fairfield Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Kekionga Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10South Side High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Fairfield
- Middle: Kekionga
- High: Wayne
- 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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$75,000
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$76,500
- Indiana
- Allen County
- Fort Wayne
- 46802
- Hoagland Masterson
- 324 W Butler St
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