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Remodeled 3-Unit Triplex
New
For Sale
$299,900

3718 S Wayne Avenue, Fort Wayne, IN 46807

INVESTMENT, Two Story, Fort Wayne, IN

Property Size2,696 SF
Lot Size0.19 Acres
Price / SF$111.24
Days on Market4

Property Features for 3718 S Wayne Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bathroom 1, Basement, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Fireplace 1
Subdivision Nindes
Lot features Level
Elementary school Harrison Hill
Middle school Kekionga
High school South Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions Enter into mapping app
Standard status Active
APN 02-12-14-310-019.000-074
Size 2,696 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 5 & N21.91FT LOT 6 COMPRO GROVE ADD
Tax Annual Amount 948
Legal Description LOT 5 & N21.91FT LOT 6 COMPRO GROVE ADD

Utilities

Cooling system Central Air

Amenities

coin-operated laundry
basement storage

Building Details

Year built 1930
Floors in Building 2
Number of units 3
Flooring type Mixed, Carpet, Wood
Architectural style Other
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman · License #RB19001056
Added: Sep 24 Last Checked: Sep 27 at 12:06PM
MLS# 202639701

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 2,696-square-foot triplex contains three apartments: a main-level unit with three bedrooms and one bathroom, and two upper-level units, each with one bedroom and one bathroom. The main residence includes a solarium and spacious living and dining areas. Interior renovations updated kitchens, bathrooms, flooring, and fixtures. The property also has central air, a basement with coin-operated laundry, aluminum siding, and a mix of wood and carpet flooring. The legal triplex configuration is established by a variance.

Recent work includes a shingle roof with gutter guards, a separate flat-roof section, updated gas line, and foundation wall restoration. Utilities are billed through RUBS. Built in 1930, the property occupies a 0.19-acre lot on South Wayne Avenue in Fort Wayne’s 46807 ZIP code.

Key Highlights

  • Three legal units: one 3‑bedroom apartment and two 1‑bedroom apartments
  • 2,696 square feet on a 0.19‑acre lot
  • Main‑level apartment includes a solarium and over 1,200+ sq. ft.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service HVAC Service Parking Lot & Garage Spa & Massage Center

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 46807, IN

16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The legal three-unit layout pairs a three-bedroom apartment with two one-bedroom units, plus coin-operated laundry in the basement.
Where is this triplex located?
The property is located at 3718 S Wayne Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three legal units: one 3‑bedroom apartment and two 1‑bedroom apartments; 2,696 square feet on a 0.19‑acre lot; Main‑level apartment includes a solarium and over 1,200+ sq. ft.
More about this property
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