Leased Residential Income Home

1005 Cottage Avenue Fort Wayne, IN 46807

Claim this Listing
For Sale
$164,900

MULTI_FAMILY - Fort Wayne, IN

Property size:
1,408 SF
Lot size:
0.13 Acres
Price / SF:
$117/SF
Added:
Jun 19, 2026
Days on Market:
24
Last Refresh:
Jul 12 at 1:06 am

Property Features for 1005 Cottage Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
1
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Basement
Parking
2
Parking features
Garage, Off Street
Standard status
Active
APN
02-12-14-104-004.000-074
Size
1,408 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2051
Tax Description
LOT 12 WEBERS ADD
Tax Annual Amount
3053

Utilities

Cooling system
Central Air

Building Details

Year built
1906
Floors in Building
2
Number of units
1
Flooring type
Vinyl, Laminate, Carpet
Roof type
Shingle, Asphalt
Architectural style
Other

Listing agent Edmond Jemison License #RB21000663

Listing office CENTURY 21 Bradley Realty, Inc 2928 E Dupont Road, Fort Wayne, IN

Listing date Jun 19, 2026

MLS# 202625935

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This leased two-story residential income home offers approximately 1,408 square feet of living space with three bedrooms and one bathroom, plus a dedicated dining room and basement storage. The property includes a detached garage with alley access and a large covered front porch. Recent updates noted by the current ownership period include a remodeled kitchen with updated cabinetry and countertops, a remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical improvements include a new furnace and central air conditioning installed in 2022, with HVAC professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022 and a washer and dryer added in 2025. A structural engineer assessment completed in 2022 regarding the basement is also referenced as part of the property’s documentation. The home is being sold AS-IS.

The property is located in Fort Wayne’s 46807 district. The remarks describe convenient access to Electric Works, downtown Fort Wayne, restaurants, entertainment, parks, and major employment centers.

For investors, the key operational advantage is that the tenant is already in place through March 2027, with the current lease noted at $1,600 per month. Lease availability is available upon request, with a minimum 24-hour notice required for all showings and showings limited to Tuesdays only. The combination of an established lease and documented recent updates is designed to support a straightforward ownership experience from day one.

Key Highlights

  • Tenant already in place through March 2027 at $1,600/month (lease available upon request).
  • 3‑bedroom, 1‑bath two‑story home with approximately 1,408 SF and a dedicated dining room.
  • Kitchen remodel includes updated cabinetry and countertops; remodeled bathroom.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Law Firm Bakery (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility

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

FAQs

What type of property is this?
Single family property - Two-story 3BR/1BA home with a tenant in place through March 2027 and multiple recent interior and mechanical upgrades.
Where is this single family property located?
The property is located at 1005 Cottage Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Tenant already in place through March 2027 at $1,600/month (lease available upon request).; 3‑bedroom, 1‑bath two‑story home with approximately 1,408 SF and a dedicated dining room.; Kitchen remodel includes updated cabinetry and countertops; remodeled bathroom.
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