Three-Unit Triplex with
New
For Sale
$269,900
7321 Ideal Avenue, Fort Wayne, IN 46809
Three separately metered units include a two-story owner’s residence and two ground-level apartments.
Property Size2,412 SF
Price / SF$111.90
Days on Market7
Property Features for 7321 Ideal Avenue
General Information
Standard status
Active
Size
2,412 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1.5BA, 1 x Studio/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Amenities
shared common laundry room
swing set
Building Details
Year Built
1925
Listing Agency:
Century 21 Bradley Realty, Inc
(574) 238-0777
Listed By:
Patton Hall
(574) 267-7501
Source:
Pattonhall
Added: Sep 19
Changed: Sep 24
Last Checked: Sep 24 at 9:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Bradley Realty, Inc
Investment Insights
Based on property information with market context.
Located at 7321 Ideal Avenue in Fort Wayne, this 2,412-square-foot triplex was built in 1925 and contains three distinct units. Unit A occupies the front portion across two levels and offers three bedrooms, 1.5 bathrooms, basement access, an attached garage, and entry to shared laundry. Unit B is a ground-level studio with one full bathroom, while Unit C provides one bedroom and one full bathroom above the attached garage area.
Each unit has separate electric metering. Gas and water/trash expenses are handled through a Ratio Utility Billing System, with separate gas service. Heating includes gas forced-air furnaces and electric baseboard equipment; cooling is provided by wall or window A/C units. The property also includes aluminum siding, an almost 3/4-acre lot, a large yard with a shared swing set, and additional off-street parking for Units B and C.
A second detached 1.5-car garage offers additional storage or rental use, with potential for conversion into another unit as described in the property information.
Each unit has separate electric metering. Gas and water/trash expenses are handled through a Ratio Utility Billing System, with separate gas service. Heating includes gas forced-air furnaces and electric baseboard equipment; cooling is provided by wall or window A/C units. The property also includes aluminum siding, an almost 3/4-acre lot, a large yard with a shared swing set, and additional off-street parking for Units B and C.
A second detached 1.5-car garage offers additional storage or rental use, with potential for conversion into another unit as described in the property information.
Key Highlights
- 2,412 SF triplex with three separate rental units
- Unit mix includes 3 bedrooms, 1.5 bathrooms; a studio with 1 full bathroom; and a 1‑bedroom, 1‑bathroom unit
- Separate electric metering for each unit
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 46809, IN
8,946
Population
4,116
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
24.7 sq mi
ZIP Area
362
Density / Sq Mi
$54,362
Median Household Income
$37,988
Median Earnings
$804
Median Rent
$122,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered units include a two-story owner’s residence and two ground-level apartments.
Where is this triplex located?
The property is located at 7321 Ideal Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 2,412 SF triplex with three separate rental units; Unit mix includes 3 bedrooms, 1.5 bathrooms; a studio with 1 full bathroom; and a 1‑bedroom, 1‑bathroom unit; Separate electric metering for each unit
