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  • $269,900

    7321 Ideal Ave, Fort Wayne, IN 46809

    5beds
    2,412sqft
    Single Family Residence
    Built in 1925
    0.64 Acres Lot
    $263,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Low-maintenance yardLow-maintenance footprintLow-maintenance aluminum sidingAdditional off-street parking optionsConvenient side-entry studio layoutOutdoor storage shedCozy single-level living
    Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). Unit B (Ground Level - Left Side): Layout: Studio Apartment | 1 Full Bathroom Features: Convenient side-entry studio layout partially built on a slab. Low-maintenance footprint with cozy single-level living. Heating & Cooling: Electric Baseboard | Window A/C. Unit C (Ground Level - Right Rear): Layout: 1 Bedroom | 1 Full Bathroom Features: Situated at the right rear of the structure, positioned above the attached garage space. Quick access to the adjacent shared laundry area. Heating & Cooling: Gas Forced Air | Window A/C. ? Property Upgrades, Mechanicals & Utilities Utilities & Billing: Units feature separate electric metering. Gas and water/trash are metered and billed via a Ratio Utility Billing System (RUBS), allowing for simple and fair expense pass-throughs. Mechanical Systems: Gas forced-air furnaces (approx. 15 years old) and electric water heaters (estimated 5–10 years old). Exterior & Grounds: Low-maintenance aluminum siding, a low-maintenance yard, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. Property features a 2nd detached garage plus an outdoor storage shed.
    11 days
    493
    35

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Wildman Home:260-498-0384,

    eXp Realty, LLC

    Source: IRMLS,MLS#: 202638660MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Heating
      • Electric, Natural Gas
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Exhaust Fan, Oven-Built-In, Electric Oven, Electric Range, Electric Water Heater
      Features
      • Flooring: Hardwood, Carpet, Laminate, Tile, Vinyl
      • Basement: Cellar,Full,Walk-Out Access,Partially Finished,Exterior Entry,Block,Concrete
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,092
      • Total interior livable area: 2,412 sqft
      • Finished area above ground: 2,412
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Gravel
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Partial
      Lot
      • Size: 0.64 Acres
      • Dimensions: 125X224
      • Features: Level, City/Town/Suburb
      Details
      • Additional structures: Second Garage
      • Parcel number: 021233130010.000074

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Other
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Waynedale
      Location
      • Region: Fort Wayne

      Financial & listing details

      • Tax assessed value: $174,900
      • Annual tax amount: $3,935
      • Date on market: 9/18/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $263,600

        $250,000 - $277,000

        $1,474/mo

        Price history

        DateEventPrice
        9/17/2026Listed for sale$269,900
        Source: IRMLS #202638584 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,661 -36.8%$174,900 +50.3%
        2024$4,211 -1.3%$116,400 -36.6%
        2023$4,266 +51.9%$183,600 -4.6%
        2022$2,810 +85.6%$192,400 +11.4%
        2021$1,514 +99.9%$172,700 +75.5%
        2020$757 +35.3%$98,400 +28%
        2019$560 -1.1%$76,900
        2018$566 -40.5%$76,900
        2017$951 +3.5%$76,900
        2016$919 +0.3%$76,900
        2014$916 +1%$76,900
        2013$907 -10.3%$76,900
        2011$1,011 $76,900
        2010-- $76,900 -38.4%
        2007-- $124,800 +40.2%
        2005-- $89,000 -12.4%
        2004-- $101,600 +135.7%
        2001-- $43,100 +200.1%
        1999-- $14,360
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46809

        Getting around

        35 / 100
        Car-Dependent
        24 / 100
        Minimal Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Waynedale
        • Middle: Portage
        • 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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