$219,900
For Sale

939 Lincoln Avenue

Fort Wayne, IN 46807
3978 sqft | 4 beds | 3 baths | #202535170
Browse 35 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basement—accessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Ave—adds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Wayne’s most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!

  • Property Details
      • CountyAllen County
      • MLS #202535170
      • MLS #202535170
      • Property TypePurchase
      • Property SubtypeTriplex
      • Cost219900
      • Square Feet3978
      • Year Built1926
      • Bedrooms4
      • Bathrooms3

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
OR

Interested in Purchasing 939 Lincoln Avenue?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00