2411 Fox Avenue

Fort Wayne, IN 46807

$159,900
Price
4
Beds
3
Baths
1,818 Sq. Ft.
$88 / Sq. Ft.
1,818
Sq. Ft.
$88
per Sq. Ft.

Description

Seeking a reliable investment opportunity with immediate returns? This triplex positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your potential income. All three units are fully occupied, generating cash flow from the moment you close. Plus, all units utilize a Ratio Utility Billing System (RUBS), placing utility responsibility on tenants...Seeking a reliable investment opportunity with immediate returns? This triplex positioned near the exciting Electric Works development offers exactly that. Featuring one efficiency unit, one 1-bedroom unit, and a spacious 2-bedroom unit, this property caters to a variety of renters, maximizing your potential income. All three units are fully occupied, generating cash flow from the moment you close. Plus, all units utilize a Ratio Utility Billing System (RUBS), placing utility responsibility on tenants for additional income potential. To ensure year-round comfort for your tenants and potentially higher rental rates, mini-split AC units have been installed in each unit. Don't miss this chance to own a piece of a thriving location with a property poised for long-term success!
  1. Listed by Jordan Wildman • eXp Realty, LLC

Property Details for 2411 Fox Avenue

Style
Two Story
Subdivision
Wayne(s)
Waterfront
No
Water Features
None
Pet Restrictions
No
LISTING UPDATED: 11/13/2024 05:48 PM

Property Details for 2411 Fox Avenue

StatusActive
MLS #202425829
Days on Market163
Taxes$2,405 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.14 AC / 6,200 SF
CountyAllen County

Building Information for 2411 Fox Avenue

Stories2Residences3Year Built1900Building Size-Lot Size0.14 AC / 6,200 SF

Property Information for 2411 Fox Avenue

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 1190
  • Zip Code: 46807
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: Enter address into Google Maps.
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-12-11-359-012.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: South Wayne
  • Middle School: Portage
  • High School: South Side
Parking
  • Number Of Parking Spaces: 2
  • Parking: Off Site
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.14
  • Lot Dimensions: 40X155
  • Lot Number: 14
  • Below Grade Unfin Sqft: 899.0
  • Total Square Feet: 2717.0
  • Approx Lot Size Sqft: 6200.0
  • Above Grade Finished Sqft: 1818.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 899.0
  • Total Finished Sqft: 1818.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Documents Available: Income/Expenses, LBP Form, Lease, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Countertops-Laminate, Porch Covered
  • Exterior: Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: Other, Heat Pump
  • Flooring: Carpet, Laminate, Wood
  • Heating/Fuel: Electricity
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 1
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 3
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $260.00
  • Annual Gross Rent $: $22,380
  • Annual Insurance Expense: $1,300
  • Annual Maint. Expense: $1,500
  • Annual Misc: $1,000
  • Annual Net Income: $15,915
  • Annual Property Tax: $2,405
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,865
  • Gross Monthly Rent: $1,865
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $575.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Lower
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $575
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $1,500.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: None
  • Unit 2-Lease Exp Date: 01-31-2025
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $775
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 0
  • Unit 3-Num of Rooms: 2
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $525.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Gas: Tenant
  • Unit 3-Laundry Room: None
  • Unit 3-Lease Exp. Date: 09-30-2025
  • Unit 3-Level: Lower
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $525
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Water
  • Tenant Pays: Electric, Fuel, Water

Property History for 2411 Fox Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2411 Fox Avenue

Taxable ValueLand$20,300Additions$84,900Total$105,200
Tax Record2023$2,405 ($200 / month)
Home Facts
Baths3Total Finished SqFt1,843 SqFtAbove Grade Finished SqFt1,843 SqFtStories3Lot Size6,200 SqFtStyleTriplexYear Built1956CountyALLENAPN02-12-11-359-012.000-074

Schools near 2411 Fox Avenue

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
South Wayne Elementary School
PublicPK to 5

Portage Middle School
Public6 to 8

South Side High School
Public9 to 12

Fort Wayne Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2411 Fox Avenue is a multi-family home for sale in Fort Wayne, IN 46807. This property was listed for sale on July 12, 2024 by eXp Realty, LLC, it's currently listed at $159,900. It has been on the market for a total of 163 days and was last sold on December 11, 2020. This listing's school district is Fort Wayne Community Schools. Nearby schools include South Wayne Elementary School, Portage Middle School and South Side High School. 2411 Fox Avenue is a 4-bed, 3-bath, 1,818 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.