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    1426 High St Fort Wayne, IN 46808

    For Sale
    $255,000

    Fiveplex - Fort Wayne, IN

    Property size:
    3,034 SF
    Lot size:
    0.27 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1426 High St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    5
    APN
    02-12-03-252-022.000-074
    Patio and Porch features
    Porch, Deck
    Exterior features
    Basement, Countertops-laminate, Deck Open, Eat-in Kitchen, Porch Open, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    3,034 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    5
    Flooring type
    Carpet, Laminate
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty, LLC (812) 734-6048

    Listing agent Jordan Wildman (812) 734-6048 License #RB19001056

    Listing date Oct 3, 2025

    MLS# 202504025 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

    Fort Wayne Fiveplex Investment Opportunity

    This well-maintained fiveplex in Fort Wayne presents an investment opportunity for consistent income and long-term value. The property features five one-bedroom, one-bathroom units, offering a layout suitable for rental demand. The fiveplex is fully rented and generates additional income through RUBS for all utilities. The property's location is near the downtown core, providing access to amenities, and is also located minutes from Promenade Park and Lindenwood Nature Preserve. The property's historical gross rent is $3,090 per month. The property is situated on a 0.27-acre lot. The property size is 3,034 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.160923
    Latitude
    41.085072

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained fiveplex in Fort Wayne, fully rented with additional income.
    Where is this apartment building located?
    The property is located at 1426 High St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: - Fully rented 5-plex generating consistent income.; - Additional income through RUBS (Ratio Utility Billing System) for all utilities.; - Prime location close to downtown Fort Wayne.
    (812) 734-6048
    Request Owner's contact information
    1426 High St Fort Wayne, IN 46808
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1426 High St Fort Wayne, IN 46808
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