Active under contract

Price cut: $10K (9/16)

$95,000

723 Cottage Ave, Fort Wayne, IN 46807

4beds

1,638sqft

$677/mo

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Single Family Residence, Duplex

Built in 1906

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Full unfinished basementGreat storage throughoutNice privacy fence

Attention investors! This property is priced to sell and offers massive upside for a profitable flip or high-yielding rental portfolio addition. Located in Fort Wayne's highly desirable South Wayne neighborhood, this vibrant and charming historic area naturally draws in quality, long-term tenants. The structure is fully vacant, cleared out, and ready for immediate renovation.The layout features great storage throughout, including a full unfinished basement perfect for mechanicals. This property offers incredible rental or multi-family potential with convenient laundry hookups located on both levels. Outside, the property is enhanced by a nice privacy fence and a detached garage with convenient alley access. Situated in Wayne Township right down the street from South Wayne Elementary, this home is in a prime location and is being sold strictly as-is. Schedule your tour and unlock the value on Cottage Ave today!

42 days
940
65

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Heating

Forced Air

Cooling

Wall Unit(s)

Appliances

Included: Refrigerator, Electric Cooktop

Features

Flooring: Carpet, Laminate
Basement: Unfinished,Concrete
Has fireplace: No

Interior area

Total structure area: 1,638
Total interior livable area: 1,638 sqft
Finished area above ground: 644
Finished area below ground: 994

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Levels: Two
Stories: 2
Fencing: Privacy

Lot

Size: 5,227 Square Feet
Dimensions: 40x133
Features: Other, City/Town/Suburb

Details

Parcel number: 021214110011.000074

Construction

Type & style

Home type: MultiFamily
Property subtype: Single Family Residence, Duplex

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1906

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Fort Wayne

Financial & listing details

Tax assessed value: $175,000
Annual tax amount: $2,393
Date on market: 8/28/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$999/mo

Price history

Date	Event	Price
9/16/2026	Price change	$95,000-9.5%
Source: IRMLS #202635434 Report a problem
9/3/2026	Price change	$105,000-8.7%
Source: IRMLS #202635434 Report a problem
9/1/2026	Price change	$115,000-8%
Source: IRMLS #202635434 Report a problem
8/28/2026	Listed for sale	$125,000+155.1%
Source: IRMLS #202635434 Report a problem
7/30/2002	Sold	$49,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,958 +50.4%	$175,000 -12%
2024	$1,967 +27.5%	$198,900 +34.1%
2023	$1,543 +10.4%	$148,300 +20.5%
2022	$1,398 -7.4%	$123,100 +20.2%
2021	$1,509 +52.4%	$102,400 -7.5%
2020	$990 +40.7%	$110,700 +47.2%
2019	$704 +4.1%	$75,200 +24.5%
2018	$676 -7.3%	$60,400 +4.7%
2017	$729 +8.6%	$57,700 -6.3%
2016	$672 -23.3%	$61,600 -16.9%
2014	$876 +159.4%	$74,100 +122.5%
2013	$338 +5.6%	$33,300 -23.3%
2011	$320	$43,400 -6.5%
2010	--	$46,400 -12%
2007	--	$52,700 -4%
2005	--	$54,900
2004	--	$54,900 +121.4%
2001	--	$24,800 +199.9%
1999	--	$8,270