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    12717 S Us Hwy 27 Hwy Fort Wayne, IN 46816

    For Sale
    $239,900

    Triplex - Fort Wayne, IN

    Type:Triplex
    Property size:
    3,144 SF
    Lot size:
    0.86 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 12717 S Us Hwy 27 Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
    Bedrooms
    5
    Bathrooms
    3
    APN
    02-18-17-400-016.000-051
    Parking features
    Off Street
    Patio and Porch features
    Patio
    EntryLevel
    Main,Upper
    Exterior features
    Basement, Ceiling Fan, Off Street Parking, Countertops-laminate, Detector-smoke, Foyer Entry, Patio Open, Water Heater Gas, Shed
    Basement Y/N
    1
    Appliances
    Dryer, Microwave, Range
    Size
    3,144 SF
    Lot size
    0.86 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Vinyl, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

    eXp Realty, LLC (812) 734-6048

    Listing agent Andrea Zehr (812) 734-6048 License #RB14048386

    Listing date Nov 26, 2025

    MLS# 202547039 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Triplex Investment Opportunity

    This fully leased 3-unit triplex offers over 3,100 sq ft of living space. The property includes one 3-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units, all with separate outside entrances. It is located approximately 1 mile from I-469 and is close to shopping, dining, and amenities. There is ample parking available. A shared laundry area is accessible via exterior basement access. Each unit has its own electric meter, with tenants responsible for payment. Boiler heat services all units. The property features well water, city sewer, natural gas, and low-maintenance siding. The owner currently covers the costs of water, sewer, gas, and trash. Situated on just under 1 acre, the property offers privacy with woods at the rear, along with a shared storage shed. Unit #3 includes furnishings provided by the owner. A new asphalt and gravel drive was installed in 2024. The property has a strong rental history and existing property management, offering a hands-off investment. The property is located in Fort Wayne, IN, in Allen County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.077235
    Latitude
    40.96788

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    FAQs

    What type of property is this?
    Triplex - Fully leased triplex with strong rental history near I-469.
    Where is this triplex located?
    The property is located at 12717 S Us Hwy 27 Hwy Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Fully leased 3-unit triplex providing a turnkey, hands-off investment opportunity. Strong rental history and property management in place.; - Excellent location: just 1 mile from I-469 and close to shopping, dining, and amenities.; - Separate outside entrances and individual electric meters for each unit (tenant-paid).
    (812) 734-6048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12717 S Us Hwy 27 Hwy Fort Wayne, IN 46816
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