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$264,900
3 Beds 3 Baths 202621231 MLS 1,832 SqFt. Matthew Schrader
Great opportunity to purchase an income earning Townhome. Tenants enjoy the maintenance free living of this two-story townhome available within the Southwest Allen County School system. This Townhome offers 1832 sq ft, 3 Bedrooms, and 2.5 Bathrooms. Inside are on trend colors and plenty of natural light to go with the 9' ceilings and luxury LVP throughout the main level. A spacious foyer will either lead you to the open concept great room and kitchen featuring an island and stainless-steel appliances or upstairs to the small loft area. The slider off the breakfast nook opens to a spacious patio with a partial pond view. Privacy fences separate the units. Upstairs are 3 spacious bedrooms, the laundry room (Speed Queen washer and dryer included). The primary bedroom features a counter high vanity, shower unit, and large walk-in closet. The two other bedrooms share the guest bathroom that features a separate room for the toilet and tub/shower. Other great inclusions on this property are the EV charger in the garage, and the property is pre-wired for smart home capabilities, including lights, security, garage doors, thermostat and has a keyless entry. Current Lease is signed through May 31, 2027. Rent price includes the monthly HOA fees.

977 N West Hamilton Road, Fort Wayne

Listing courtesy of Matthew Schrader from Regan & Ferguson Group. Off: 260-207-4648

$625,000
4 Beds 3 Baths 202620083 MLS 5,417 SqFt. Tim Haber
An Amazing Opportunity to own a piece of history that is a fantastic TURN KEY investment providing an excellent return on investment. This 3918 Sq. Ft. home features 3 Short or Mid Term Rental Units that have consistently received 5 star reviews from Airbnb guests. This property would also make a Fantastic Single Family OR Multi-Generational home. The main level and upper unit both feature 2 bedrooms, 1 Full bath and a large living area and dining room along with a nicely appointed Kitchen. The completely renovated lower level unit is a modern Studio Style unit with an open living concept and a Full Bath that belongs in a resort hotel! The entire home has been renovated and brought up to current living standards yet still maintains the character and old world charm that you don't see in newer "cookie cutter" home. Some of the updates include: New sewer and water lines, wood trim, basement water proofing and foundation stabilization, refinished doors, new main floor kitchen, flooring updates, appliances, plumbing, electrical, front patio, fence, sump pump with back up, garage door and more. This property has excellent occupancy rates, guest reviews and tremendous upside to grow. Income and expenses listed are based on 2025 year end. 2026 trends and projections are available and NOI is projected to 20-25% higher while operating expenses remain consistent year over year. This home is close to Purdue Fort Wayne, the Memorial Coliseum, Parkview Hospital and Downtown Fort Wayne. This home has great potential for being a Single Family or Multi-generational home as well. Come explore the possibilities. Virtual walk through can be seen here: https://my.matterport.com/show/?m=tz4Gvr8BMzw&brand=0&mls=1&

3025 N Anthony Boulevard, Fort Wayne

Listing courtesy of Tim Haber from RE/MAX Results. Cell: 260-403-1940

$89,900
4 Beds 2 Baths 202618627 MLS 2,375 SqFt. Jerry Starks
Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don’t miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.

462 E Suttenfield Street, Fort Wayne

Listing courtesy of Jerry Starks from JM Realty Associates, Inc.. Cell: 260-479-8161

$309,000
4 Beds 4 Baths 202617711 MLS 3,412 SqFt. Richard Rutledge
This fully occupied turnkey 4-Plex is the kind of investment opportunity that rarely hits the market. Generating an impressive $3,937.00 monthly gross income and $33,620.00 NET annual income after all expenses. It it assessed at over $321,400.00. Ideally positioned in the heart of the highly desirable 46805 district, you’re just a short walk from Lakeside Park and only minutes from the energy, dining, and entertainment of downtown Fort Wayne. With a freshly painted exterior in 2024 and all units rehabbed prior to tenant occupancy featuring updated paint, carpet, and appliances as needed, this property offers the perfect blend of charm, stability, and cash flow. Well-maintained, income-producing, and aggressively priced for the value offered, this is a prime opportunity for both seasoned investors and buyers looking to expand their portfolio with confidence. Opportunities like this don’t last long.

1011 Lake Avenue, Fort Wayne

Listing courtesy of Richard Rutledge from Trueblood Real Estate, LLC.. Cell: 260-267-8220

$160,000
3 Beds 1 Baths 202613916 MLS 1,740 SqFt. Brittany Meza
Back on the market at no fault to the seller! This fully renovated property offers a true turnkey investment opportunity. Currently tenant-occupied, it’s being sold as a plug-and-play rental, meaning immediate cash flow from day one without the hassle of renovations or vacancy. The home has been completely redone, providing modern finishes, updated systems, and low-maintenance ownership for years to come. Whether you're looking to start your rental portfolio or expand an existing one, this property delivers a seamless addition with built-in income. Opportunities like this - updated, occupied, and ready to perform don’t come around often.

601 High Street, Fort Wayne

Listing courtesy of Brittany Meza from Keller Williams Realty Group. brittany@mezaandco.com

$325,000
6 Beds 4 Baths 202613246 MLS 2,212 SqFt. Melissa Clopton
Step into modern comfort with this newly constructed duplex, thoughtfully designed for both style and functionality. Featuring 3 bedrooms and 1.5 bathrooms per unit, this property is perfect for families, first-time buyers, or savvy investors. This duplex isn’t just a home—it’s an opportunity. Live comfortably in one unit while renting out the other to help offset your mortgage. It’s an ideal setup for those looking to build equity while reducing monthly costs. Looking for more flexibility? Consider multigenerational living, short-term or long-term rental income, or even a home office setup with separate space for privacy and productivity. The possibilities are wide open. Built with quality craftsmanship and energy-efficient features, this low-maintenance property is designed for long-term value and ease of ownership. Whether you're looking to move in, invest, or both, this duplex delivers exceptional versatility and financial potential. Don’t miss your chance to own a brand-new property that blends modern living with smart income opportunities.

3102 Alexander Street, Fort Wayne

Listing courtesy of Melissa Clopton from Realty ONE Group Envision. Off: 260-267-6014

$315,000
7 Beds 4 Baths 202609539 MLS 4,349 SqFt. Lori DePew
PRICE IMPROVEMENT! Investment opportunity in Harlan, IN! This 4-unit multifamily property at 17425 St Rd 37 offers immediate income with additional upside potential. All units are currently occupied, providing instant cash flow. Tenants pay their own electric, and all residents reimburse the owner monthly for water, sewer, trash, and gas through a RUBS system, helping to control expenses and protect NOI. The property also features ample off-street parking and a convenient location with easy access to surrounding areas. Professional property management is already in place, making this a seamless transition for investors seeking a low-maintenance asset with value-add potential.

17425 State Road 37, Harlan

Listing courtesy of Lori DePew from Open Door Rentals and Real Est. 260-333-7368

$499,000
10 Beds 5 Baths 202609231 MLS 5,450 SqFt. Johanna Pardon
In the market for your next income-generating property? Don’t miss this charming 1951 all-brick 5-unit apartment building, ideally located near downtown Fort Wayne along the scenic St. Joe River. This well-maintained property features both front and rear entrances, offering added convenience for tenants. Recent renovations enhance its appeal while preserving its classic character. All five units offer 2-bedroom layouts, making them highly desirable for tenants. Three of the five units are currently occupied, providing immediate income potential. Whether you’re expanding your portfolio or entering the investment market, this property offers a great combination of location, charm, and steady income opportunity.

1660 Saint Joe Boulevard, Fort Wayne

Listing courtesy of Johanna Pardon from Mike Thomas Assoc., Inc. 260-489-2000

$365,000
6 Beds 6 Baths 202549602 MLS 5,513 SqFt. Lilliana Caro
This is a great investment property. We have 3 vacant apartments. Apartment 1 has 2 bedrooms, living room, kitchen and 1 bathroom, apartment #2 has 2 bedrooms, kitchen and bathroom and apartment #3 has 1 bedroom, living room, kitchen and bathroom. There is one more apartment, which is owner ocupied, one bedroom, living room, kitchen and bathroom. This building also offers the opportunity to have your own business, big rooms with lots of potential and also a big kitchen. Newer meatl roof, furnace and ac in one of the units. Good income! Great Opportunity! and the sellers are ready to pass this on. Call your favorite agent to schedule a showing.

315 Dalman Avenue, Fort Wayne

Listing courtesy of Lilliana Caro from Coldwell Banker Real Estate Gr. Cell: 260-403-8132

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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