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    2411 Fox Ave Fort Wayne, IN 46807

    For Sale
    $139,500

    Triplex - Fort Wayne, IN

    Type:Triplex
    Property size:
    1,818 SF
    Lot size:
    0.14 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 2411 Fox Ave

    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
    Bedrooms
    4
    Bathrooms
    3
    APN
    02-12-11-359-012.000-074
    Parking features
    Offsite
    Patio and Porch features
    Porch
    EntryLevel
    Upper,Lower
    Exterior features
    Basement, Countertops-laminate, Porch Covered, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    1,818 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Heat Pump, Other (Cooling)

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Laminate, Wood
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty, LLC (812) 734-6048

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

    Listing date Oct 30, 2025

    MLS# 202503977 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

    Fully Occupied Triplex Near Electric Works

    This fully occupied triplex presents a reliable investment opportunity with immediate returns, generating $1935 per month. All utilities are passed on to tenants via billback. The property is located near the Electric Works development. It features one efficiency unit, one 1-bedroom unit, and one 2-bedroom unit, accommodating a variety of renters. Mini-split AC units have been installed in each unit to ensure year-round comfort for tenants and potentially higher rental rates. The property size is 1818 square feet and the lot size is 0.14 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -85.148606
    Latitude
    41.063006

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    FAQs

    What type of property is this?
    Triplex - Profitable triplex with immediate returns near Electric Works development.
    Where is this triplex located?
    The property is located at 2411 Fox Ave Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $139,500.
    What are key features of this property?
    This property features: - Fully occupied triplex generating $1935/month income.; - All utilities are billed back to tenants.; - Located near the Electric Works development.
    (812) 734-6048
    Request Owner's contact information
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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
    2411 Fox Ave Fort Wayne, IN 46807
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