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    228 W Leith St Fort Wayne, IN 46807

    New
    For Sale
    $119,900

    Other - Fort Wayne, IN

    Property size:
    1,402 SF
    Lot size:
    0.09 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 228 W Leith St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    02-12-14-201-058.000-074
    Parking features
    Off Street
    Exterior features
    Basement, Off Street Parking, Detector-smoke, Water Heater Electric, Washer Hook-up, Custom Cabinetry, Fence, None
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Range
    Size
    1,402 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    1
    Flooring type
    Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    eXp Realty, LLC (812) 734-6048

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

    Listing date Dec 3, 2025

    MLS# 202534311 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

    Remodeled Investment Property Near Downtown

    This remodeled investment property features 3 bedrooms and 2 bathrooms. Located minutes from downtown Fort Wayne, it is also near shopping and dining options. The property was fully updated in 2019 with vinyl flooring, fresh paint, appliances, and upgraded mechanicals. Previously occupied, it generated $1,150 per month with tenants paying all utilities. The foundations have been proactively updated, professionally waterproofed, and reinforced. Additional features include a spacious backyard and off-street parking. It is located near Williams Park, Lutheran Park, and Ivan Lebamoff Reservoir Park. The property offers the option to be packaged with 1510 Taylor St for a multi-property portfolio. The property size is 1402 square feet and the lot size is 0.09 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.140182
    Latitude
    41.059749

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    FAQs

    What type of property is this?
    Single family property - Updated 3-bedroom, 2-bath property near downtown Fort Wayne.
    Where is this single family property located?
    The property is located at 228 W Leith St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Proactively updated foundations, professionally waterproofed and reinforced.; - Fully remodeled in 2019 with vinyl flooring, fresh paint, appliances, and upgraded mechanicals.; - Proven rental income of $1,150/month with tenants paying all utilities.
    (812) 734-6048
    Request Owner's contact information
    228 W Leith St Fort Wayne, IN 46807
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    Fort Wayne, IN 46807
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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
    228 W Leith St Fort Wayne, IN 46807
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