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PRICE JUST REDUCED! Fantastic turnkey investment opportunity! This fully leased 3-unit triplex offers over 3,100 sq ft of living. Property includes one 3BR/1BA unit and two 1BR/1BA units, all with separate outside entrances. Excellent location just 1 mile from I-469 and close to shopping, dining, and amenities. Plenty of parking available. Shared laundry with exterior basement access. Each unit has its own electric meter (tenant-paid). Boiler heat services all units. Property features well water, city sewer, natural gas, & low-maintenance siding. Owner currently pays water/sewer, gas, and trash. Situated on just under 1 acre with privacy and woods at the rear, plus a shared storage shed. Unit #3 includes owner-provided furnishings. New asphalt and gravel drive in 2024. Strong rental history with property management already in place"”excellent ROI and a true hands-off investment!
Property Type(s):
Multi Family
| Last Updated | 11/26/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1880 | County | Allen |
SCHOOLS
| School District | East Allen County |
|---|---|
| Elementary School | Heritage |
| Jr. High School | Heritage |
| High School | Heritage |
Price History
| Prior to Nov 26, '25 | $249,900 |
|---|---|
| Nov 26, '25 - Today | $239,900 |
Additional Details
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Microwave, Range, Refrigerator, Washer |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Hot Water, Natural Gas |
| INTERIOR | Entrance Foyer |
| LOT | 0.86 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 265x180x235x125 |
| PARKING | Gravel, Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| SUBDIVISION | None |
| TAXES | 3770 |
| WATER | Well, Private |
Listed with Andrea Zehr, eXp Realty, LLC, Cell: 260-494-2852
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 11/29/25 10:15 PM PST
Walk Score provided by walkscore.com
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 11/29/25 10:15 PM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2025.
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