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Triplex with One-Car Garage
New
For Sale
$189,000

1527 Crescent Avenue, Fort Wayne, IN 46805

INVESTMENT, Two Story, Fort Wayne, IN

Property Size2,822 SF
Lot Size0.16 Acres
Price / SF$66.97
Days on Market2

Property Features for 1527 Crescent Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bathroom 3
Parking 4
Parking features Garage
Fireplace 1
Subdivision Forest Park
Lot features Corner, 0-2.9999
Elementary school Forest Park
Middle school Lakeside
High school North Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions State Street to Crescent, South on Crescent
Standard status Active
APN 02-07-36-459-011.000-074
Size 2,822 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 BLK 1 FOREST PARK ADD
Tax Annual Amount 564
Legal Description LOT 1 BLK 1 FOREST PARK ADD

Amenities

fireplace
hardwood floors
gas hot water
separate thermostats

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Flooring type Laminate, Wood, Vinyl, Carpet
Architectural style Other
Listing Agency: North Eastern Group Realty
Listed By: Alyssa Schendel · License #RB18002221
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 19 at 11:06PM
MLS# 202633781

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 1920 triplex contains three one-bedroom units within 2,822 square feet. The main-level residence includes a stone-front wood-burning fireplace and hardwood flooring. Flooring across the property includes laminate, carpet, wood, and vinyl. Appliances remain with the property, without warranty, and each unit has its own thermostat with gas hot-water heating.

A one-car garage provides enclosed parking or storage and includes a new door and opener. The 0.16-acre property is located at 1527 Crescent Avenue in Fort Wayne, near PFW and the State Street Corridor, with Lakeside Park within walking distance.

Key Highlights

  • Three one‑bedroom units in a 2,822‑square‑foot triplex
  • Built in 1920 on a 0.16‑acre lot
  • Main‑floor unit has a stone‑front wood‑burning fireplace and hardwood floors

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 46805, IN

21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three one-bedroom units offer separate thermostats, gas hot-water heating, and included appliances.
Where is this triplex located?
The property is located at 1527 Crescent Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Three one‑bedroom units in a 2,822‑square‑foot triplex; Built in 1920 on a 0.16‑acre lot; Main‑floor unit has a stone‑front wood‑burning fireplace and hardwood floors
More about this property
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