# 7321 Ideal Avenue, Fort Wayne, IN 46809-2571 > **TL;DR:** 5bd/4ba multi-family, $259,900 ($108/sqft), built 1925, 2,412 sqft. > Fireplace, A/C. Est. $1,390/mo. Listed 46 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $259,900 | | Price/sqft | $108 | | Bedrooms | 5 | | Bathrooms | 3 full, 1 half | | Square Feet | 2,412 | | Year Built | 1925 | | Lot Size | 27,878 sqft (0.64 acres) | | Stories | 1 | | Property Type | Multi-Family (Triplex) | | Status | Active | | Days on Market | 46 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,314 | | Estimated Insurance | $76 | | **Total** | **$1,390** | ## Nearby Schools - **Elementary:** Waynedale - **Middle:** Portage - **High:** Wayne ## Key Amenities - Fireplace - A/C ## Property Highlights - Built in 1925 - 0.64 acre lot - 8 parking spaces - Fireplace ## Description ### Agent Description Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential OR The perfect House Hack! This Triplex can also be combined with a total of 12 Units in a package deal of Turnkey Property with Potential Seller Financing! There is also a 2.75% Assumable Mortgage on this specific Triplex! Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): (Owners Unit) Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). Unit B (Ground Level - Left Side): Layout: Studio Apartment | 1 Full Bathroom Features: Convenient side-entry studio layout partially built on a slab. Low-maintenance footprint with cozy single-level living. (Would make a wonderful Airbnb) Heating & Cooling: Electric Baseboard | Window A/C. Unit C (Ground Level - Right Rear): Layout: 1 Bedroom | 1 Full Bathroom Features: Situated at the right rear of the structure, positioned above the attached garage space. Quick access to the adjacent shared laundry area. Heating & Cooling: Gas Forced Air | Window A/C. ? Property Upgrades, Mechanicals & Utilities Utilities & Billing: Units feature separate electric metering. Seperate Gas, and water/trash are metered and billed via a Ratio Utility Billing System (RUBS), allowing for simple and fair expense pass-throughs. Mechanical Systems: Gas forced-air furnaces (approx. 15 years old) and electric water heaters (estimated 5-10 years old). Exterior & Grounds: Low-maintenance aluminum siding, a lalmost 3/4 Acre Lot, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. Property features a 2nd detached 1.5 garage that could be rented out or potentially turned into an additional unit! ## Location - **Address:** 7321 Ideal Avenue, Fort Wayne, IN 46809-2571 - **County:** Allen County - **Neighborhood:** Waynedale - **Coordinates:** 41.014369, -85.179896 - **Google Maps:** https://www.google.com/maps?q=41.014369,-85.179896 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202638584 ## Listing Agent - **Name:** Jordan Wildman - **Brokerage:** eXp Realty, LLC - **Broker Phone:** 8127346048 ## Photos ![7321 Ideal Avenue - Photo 1](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3878255802r.jpg) ![7321 Ideal Avenue - Photo 2](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1477975307r.jpg) ![7321 Ideal Avenue - Photo 3](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1743539786r.jpg) ![7321 Ideal Avenue - Photo 4](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2406946894r.jpg) ![7321 Ideal Avenue - Photo 5](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2589366354r.jpg) ![7321 Ideal Avenue - Photo 6](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1642219336r.jpg) ![7321 Ideal Avenue - Photo 7](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f938270743r.jpg) ![7321 Ideal Avenue - Photo 8](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3560395957r.jpg) ![7321 Ideal Avenue - Photo 9](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2264387889r.jpg) ![7321 Ideal Avenue - Photo 10](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1459586661r.jpg) ![7321 Ideal Avenue - Photo 11](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3654805985r.jpg) ![7321 Ideal Avenue - Photo 12](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1626570799r.jpg) ![7321 Ideal Avenue - Photo 13](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3492158392r.jpg) ![7321 Ideal Avenue - Photo 14](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2693875197r.jpg) ![7321 Ideal Avenue - Photo 15](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f197497552r.jpg) ![7321 Ideal Avenue - Photo 16](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f458595625r.jpg) ![7321 Ideal Avenue - Photo 17](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2265234645r.jpg) ![7321 Ideal Avenue - Photo 18](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2169115648r.jpg) ![7321 Ideal Avenue - Photo 19](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2615874765r.jpg) ![7321 Ideal Avenue - Photo 20](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f358785075r.jpg) ![7321 Ideal Avenue - Photo 21](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2986071388r.jpg) ![7321 Ideal Avenue - Photo 22](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3721230095r.jpg) ![7321 Ideal Avenue - Photo 23](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f937431633r.jpg) ![7321 Ideal Avenue - Photo 24](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3730333366r.jpg) ![7321 Ideal Avenue - Photo 25](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2270194860r.jpg) ![7321 Ideal Avenue - Photo 26](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3098804676r.jpg) ![7321 Ideal Avenue - Photo 27](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2266620245r.jpg) ![7321 Ideal Avenue - Photo 28](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2902094222r.jpg) ![7321 Ideal Avenue - Photo 29](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3084770777r.jpg) ![7321 Ideal Avenue - Photo 30](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3088004620r.jpg) ![7321 Ideal Avenue - Photo 31](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1529028908r.jpg) ![7321 Ideal Avenue - Photo 32](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1624168360r.jpg) ![7321 Ideal Avenue - Photo 33](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1673153601r.jpg) ![7321 Ideal Avenue - Photo 34](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f2677673064r.jpg) ![7321 Ideal Avenue - Photo 35](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f3192809838r.jpg) ![7321 Ideal Avenue - Photo 36](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f969440375r.jpg) ![7321 Ideal Avenue - Photo 37](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1225551546r.jpg) ![7321 Ideal Avenue - Photo 38](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f1894514132r.jpg) ![7321 Ideal Avenue - Photo 39](http://lh.rdcpix.com/73c23755ea6bd419c42c1583909c208cl-f4183481256r.jpg) --- **MLS#:** 202638584 | **Updated:** 2026-10-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/7321-ideal-avenue-fort-wayne-in-46809-2571-36fa04257a7f4f18a069508e2bde90a4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7321-ideal-avenue-fort-wayne-in-46809-2571-36fa04257a7f4f18a069508e2bde90a4#listing", "url": "https://www.propertysimple.ai/listing/7321-ideal-avenue-fort-wayne-in-46809-2571-36fa04257a7f4f18a069508e2bde90a4", "name": "7321 Ideal Avenue, Fort Wayne, IN 46809-2571", "description": "Rare Triplex Investment Opportunity | Outstanding Cash-Flow Potential OR The perfect House Hack! This Triplex can also be combined with a total of 12 Units in a package deal of Turnkey Property with Potential Seller Financing! There is also a 2.75% Assumable Mortgage on this specific Triplex! Welcome to a high-yield, turn-key investment property designed for maximum flexibility and immediate returns! This versatile multi-family triplex features three distinct rental units, strong rental history, and a central layout that maximizes privacy for all tenants. Whether you are looking to add a reliable cash-flowing asset to your portfolio or live in one unit while leasing out the others, this property is a rare find in today's market. Unit Breakdown & Layout Unit A (Main & Upper Level - Front of House): (Owners Unit) Layout: 3 Bedrooms | 1.5 Bathrooms Features: Spans two stories at the front of the home. Includes direct access to the basement, access to the attached house garage, and direct entry to the shared common laundry room. Heating & Cooling: Gas Forced Air | Wall A/C unit (recently updated, under 2 years old). 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Exterior & Grounds: Low-maintenance aluminum siding, a lalmost 3/4 Acre Lot, and a large yard area featuring a shared swing set. Parking & Storage: Unit A includes 1 attached garage space. Additional off-street parking options for Units B & C. 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