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$164,900   Price Analysis
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2120 Broadway Ave
Fort Wayne, IN 46802
3 bed 3 bath 1,325 SqFt ($124/SqFt)
7,405SqFt lot. Built 1876
Listed 2024-01-11, Taxes $1,791
Ⓧ USDA Ineligible
due to location

near Fort Wayne

Investor spcial 3 unit tri plex within walking distance to Electric Works.

All 3 Units currently tenant occupied. This income producing property has 3 one bedroom apartments. The property currently brings in $1855/ M, investors will see immediate ROI.

Owner pays utilities and lawn care. Zoned C3. This property can be purchased individually or part of package with 2128 Broadway (Commercial warehouse), 2130 Broadway (6 unit) and 2205 Broadway (4-5 unit). Opportunity and potential awaits.


Presented by Brandon Stone at
CENTURY 21 Bradley Realty, Inc.
Listing Agent Photo

Property MLS #202401116 from IRMLS

Bedrooms: 3

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Cooling Features: Window
Fuel Expense: 1000
Heating Features: Forced Air

Furnished Description: Building, Land
Flooring: Carpet, Vinyl

Basement Description: Unfinished

Lot Description: Planned Unit Development
Lot Size Acres: 0.1699954
Lot Size Dimensions: 60x120
Lot Size Square Feet: 7405

Garage Spaces: 3

Elementary School: Study
High School: South Side
Middle School: Kekionga
School District: Fort Wayne Community

Study Elementary School is a public elementary school located approximately 0.7 miles away.
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South Side High School is a public high school located approximately 1.2 miles away.
directions icon Map directions

Kekionga Middle School is a public middle school located approximately 1.9 miles away.
directions icon Map directions

Summit Christian School is a private elementary, middle and high school located approximately 0.1 miles away.
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Number of Units: 3
Number of Studio Units: 1
Number of 1 Bedroom Units: 2
Unit 1 Total Actual Rent: 575
Unit 2 Total Actual Rent: 625
Unit 3 Total Actual Rent: 655

Income Includes: 22260
Lease Term: Month to Month

Maintenance Expense: 500

Community Features: Countertops-Laminate

Annual Tax Amount: 1926.1
Source Listing Status: Active
County: Allen County
Directions: Directly off Broadway near W Dewald St
Tax Year: 1926
Source Property Type: INVESTMENT
Insurance Expense: 1000
Source Neighborhood: L H Moores
Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Water
Parcel Number: 02-12-10-436-004.000-074
Property Location: City/Town/Suburb
Subdivision: L H Moores
Township: Wayne
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$66,700 + $6,900
$73,600
$1,791
2021$73,100 + $6,900
$80,000
$1,791
2020$21,400 + $6,900
$28,300
$1,610
2019$22,300 + $6,900
$29,200
$616
2018$18,900 + $6,900
$25,800
$640
2017$18,700 + $6,900
$25,600
$570
2016$18,400 + $6,900
$25,300
$557
2015$17,500 + $4,500
$22,000
$529
2013$17,700 + $4,500
$22,200
$773
2012$14,000 + $4,500
$18,500
$383
2011$10,200 + $4,500
$14,700
$294
2010$23,000 + $4,500
$27,500
$1,156
2009$53,300 + $4,500
$57,800
$1,055

Listed 2024-01-11
$164,900
IRMLS
Listing removed 2023-05-22
$31,000
IRMLS
Listing removed 2019-03-12
$0
IRMLS
Listing removed 2019-03-06
$0
IRMLS
Relisted 2019-03-05
$80,000
IRMLS
Listing removed 2019-01-14
$0
IRMLS
Relisted 2019-01-12
$80,000
IRMLS
Listing removed 2019-01-10
$0
IRMLS
Listed 2019-01-09
$80,000
IRMLS
Sold 2019-01-08
$55,935
IRMLS
Listed 2018-12-09
$80,000
IRMLS

Net Operating Income: 15833.9

Total Square Feet Living: 1325
Year Built: 1876
Above Grade Finished Area: 1325
Below Grade Unfinished Area: 820
Property Age: 148
Roof: Asphalt
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Sqft: 2145
Total Below Grade Area: 820

Electric Expense: 1000
Sewer: City
City
Water Sewer Expense: 1000
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bedroomunknownbathroomkitchenhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.