707 E Paulding Rd
Fort Wayne, IN 46816
Suburan Heights- 4 Beds
- 4 Baths
- 3,513 sqft (on 0.31 acres)
4 Beds
4 Baths
3,513 sqft
(on 0.31 acres)
Local Information
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Description
13 mobile home lots of which 9 are rented and a 4-plex with zoning of CM4. 7 are rented for for $210/month + $34/month surcharge for water/sewer/trash and 2 are parked owned homes that is all inclusive(water/sewer/trash tenant still pays electricity and gas). 4-plex that rents for $1645/month. Over the last 3 years of ownership rents have been increased on the 4-plex without an increase for any of the mobile homes that are under market rents for the area. 3 trailers that currently are unrented and in disrepair are included in sale as well and could be pulled or fixed for addtional monthly income. Gross rents will be over $51k in 2021 with room for growth. Over $15k+ worth of upgrades have been done to park and 4-plex in last year and a half. Current NOI for 2021 would put this at over a 13 cap based YTD numbers.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 10, 2022
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 707 E Paulding Rd
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MLS Status: Closed |
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Interior Details Basement: Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3513 Square Feet |
Heating & Cooling Heating: ConventionalHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Conventional |
Windows, Doors, Floors & Walls Flooring: Mixed |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Mixed |
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Exterior Home Features Other Structures: NoneFoundation: Basement |
Parking & Garage Parking Spaces: 4 |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 2358 Square FeetFinished Area (below surface): 1155 Square Feet |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, LandParcel Number: 021224381012.000074 |
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Price List Price: $265,900 |
Status Change & Dates Off Market Date: Thu Sep 30 2021 |
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Direction & Address City: Fort WayneCommunity: None |
School Information Elementary School: Levan R. Scott AcademyElementary School District: Fort Wayne CommunityJr High / Middle School: MiamiJr High / Middle School District: Fort Wayne CommunityHigh School: WayneHigh School District: Fort Wayne Community |
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Building Area Building Area: 4668 Square Feet |
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Lot Area: 0.31 acres |
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Expense Tenant Pays: Electricity |
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Lease Term: Renewal OptionOwner Pays: Insurance, Electricity, Fuel, Grounds Care, Maintenance, Sewer, Snow Removal, Trash Collection, Water |
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BasementMls Number: 202135621Above Grade Unfinished Area: 2358 |
Last check for updates: about 7 hours ago
Listed by Adam Gerig
CENTURY 21 Bradley Realty, Inc
Bought with: Tempestt Sanders, JM Realty Associates, Inc.
Source: IRMLS, MLS#202135621

Price History for 707 E Paulding Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 01/07/2022 | $245,000 | Sold | IRMLS #202135621 |
| 09/30/2021 | $265,900 | Pending | IRMLS #202135621 |
| 09/28/2021 | $265,900 | PriceChange | IRMLS #202135621 |
| 09/15/2021 | $259,900 | PendingToActive | IRMLS #202135621 |
| 08/27/2021 | $259,900 | Contingent | IRMLS #202135621 |
| 08/26/2021 | $259,900 | Listed For Sale | IRMLS #202135621 |
Comparable Sales for 707 E Paulding Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.71 | Multi-Family Home | $340,000 | 09/03/25 | 6 | 5 | 2,748 | |
1.22 | Multi-Family Home | $180,000 | 12/29/25 | 3 | 2 | 1,905 | |
1.96 | Multi-Family Home | $240,000 | 09/12/25 | 4 | 3 | 1,685 | |
1.63 | Multi-Family Home | $135,000 | 06/13/25 | 5 | 3 | 2,130 | |
1.98 | Multi-Family Home | $245,500 | 11/05/25 | 4 | 2 | 2,132 | |
1.77 | Multi-Family Home | $120,000 | 08/22/25 | 4 | 2 | 1,976 | |
2.09 | Multi-Family Home | $323,333 | 09/03/25 | 6 | 5 | 3,000 | |
2.10 | Multi-Family Home | $323,333 | 09/03/25 | 6 | 5 | 3,000 | |
2.10 | Multi-Family Home | $323,334 | 09/03/25 | 6 | 5 | 3,000 | |
2.36 | Multi-Family Home | $209,000 | 11/19/25 | 4 | 3 | 2,652 |
Assigned Schools
These are the assigned schools for 707 E Paulding Rd.
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Homes for rent near 707 E Paulding Rd
707 E Paulding Rd, Fort Wayne, IN 46816 is a 4 bedroom, 4 bathroom, 3,513 sqft multi-family built in 1930. 707 E Paulding Rd is located in Suburan Heights, Fort Wayne. This property is not currently available for sale. 707 E Paulding Rd was last sold on Jan 7, 2022 for $245,000 (8% lower than the asking price of $265,900). The current Trulia Estimate for 707 E Paulding Rd is $258,600.

