1404 Fletcher Ave, Fort Wayne, IN 46803
1404 Fletcher Ave, Fort Wayne, IN 46803
1404 Fletcher Ave, Fort Wayne, IN 46803
FOR SALE

1404 Fletcher Ave
Fort Wayne, IN 46803

Memorial Park

Local Information

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Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
175 days ago

Description

This is a 9 room rental property. Rent is collected weekly. Vinyl siding, Updated circuit breaker panel, updated Romex wiring, extra insulation blown in walls, Majority of windows are vinyl, hardwood floors, disconnected gas Furnace in basement, electric hot water heater. Tenants share two full bathrooms and a common kitchen. Property has a dry basement for storage and a built in deposit box. 9 units Grosses= $980 Weekly!!, $3920 / Month, $47,040 Annual income. Most tenants are students and demand is very high for weekly rentals. Range, Refrigerator, Microwave, Washer, Dryer and several mini fridges, and TVs included. Washer and Dryer are coin operated and also contribute to extra income av. $98/mo. This is a great return on investment and a good turn key business opportunity! Rooms are: $120,$110, $110,$110,$110,$110,$110,$110,and $90 weekly, Or can be made to be monthly leases. Listing agent to be present for showings. Room Measurements in documents. Average utilities: Water $126/mo, Electric $940/mo. Insurance $1900 Yearly. All electric baseboard heat.

Home Details for 1404 Fletcher Ave

Interior Features

Interior Details
Basement: Full,Concrete
Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 3666 Square Feet
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has Heating
Windows, Doors, Floors & Walls
Flooring: Mixed
Levels, Entrance, & Accessibility
Stories: 3Levels: Multi-Story (3+)Floors: Mixed

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: NoneOther Structures: NoneFoundation: Basement
Parking & Garage
No GarageHas Open ParkingParking Spaces: 9Parking: On Street
Frontage
Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 3666 Square Feet

Days on Market

Days on Market: 175

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Foursquare
Building
Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: Building, Land, LeaseParcel Number: 021307103016.000074

Active Status

MLS Status: Active

Location

Direction & Address
Community: None
School Information
Elementary School: WashingtonElementary School District: Fort Wayne CommunityJr High / Middle School: PortageJr High / Middle School District: Fort Wayne CommunityHigh School: WayneHigh School District: Fort Wayne Community

Agent Information

Listing Agent
MLS/Source ID: 202115768

Building

Building Area
Building Area: 4966 Square Feet

HOA

Association for this Listing: Upstate Alliance of REALTORSHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.1871 Acres

Offer

Listing Terms: Cash, Conventional

Tax Information

Annual Tax Amount: $1,686Tax Legal Description: Lot 23 OL 8 Fletchers Add

Business

Expense
Tenant Pays: None

Rental

Lease Term: WeeklyOwner Pays: Electricity, Sewer, Taxes, Water

Miscellaneous

Basement
Last check for updates: about 5 hours ago
Listing courtesy of Gary N Brigman
Keller Williams Realty Group
Originating MLS: Upstate Alliance of REALTORS
Source: IRMLS, MLS#202115768

Price History for 1404 Fletcher Ave

Event DetailsPrice
10/25/2021
PendingToActive
IRMLS #202115768
$134K

10/08/2021
Pending
IRMLS #202115768
$134K

09/30/2021
PriceChange
IRMLS #202115768
$134K

09/29/2021
PriceChange
IRMLS #202115768
$135K

09/24/2021
PriceChange
IRMLS #202115768
$136K

09/21/2021
PriceChange
IRMLS #202115768
$137K

08/25/2021
PriceChange
IRMLS #202115768
$137K

08/10/2021
PriceChange
IRMLS #202115768
$138K

07/27/2021
PriceChange
IRMLS #202115768
$140K

07/24/2021
PriceChange
IRMLS #202115768
$145K

07/16/2021
PriceChange
IRMLS #202115768
$150K

07/09/2021
Listed For Sale
IRMLS #202115768
$155K

12/21/2017
Sold
Public Records
$105K

11/20/2017
ListingRemoved
Agent Provided
$125K

08/23/2017
Listed For Sale
Agent Provided
$125K

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Property Taxes and Assessment

Year2020
Tax$1,070
Assessment$77,300
Home facts updated by county records

Price Trends

For homes in 46803
$60,251
Typical home value
This home: $134,000 55% above
$52
Typical Home Value by sqft
This home: $37 42% below
Price trends provided by third party data sources.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Memorial Park

At least 10 Trulia users voted on each feature.
  • 100%
    Car is needed
  • 90%
    Yards are well-kept
  • 76%
    Parking is easy
  • 63%
    It's dog friendly
  • 60%
    Kids play outside
  • 50%
    People would walk alone at night
  • 40%
    There's wildlife
  • 37%
    Neighbors are friendly
  • 36%
    There's holiday spirit
  • 9%
    There are community events
  • 7%
    It's walkable to restaurants
Learn more about our methodology.
  • Trulia User
    "There are lots of pets in my neighborhood..If you love pets this is a great location to have a dog.."
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood for almost 10 years..Very nice and quiet. Friendly people all around."
    2
    Flag
  • Trulia User
    "I lived in this area for 10 years..I never had any problems, very nice and quiet..Needs a little more lights on the streets.. "
    1
    Flag
  • Trulia User
    "I grew up here this is without a doubt one of the best neighborhoods in this city in Memorial Park makes one great front yard it is a very beautiful Park and there's a school right next door the neighborhood itself is within driving distance of just about anything you need"
    1
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
1404 Fletcher Ave, Fort Wayne, IN 46803 is a 9 bedroom, 2 bathroom, 3,666 sqft multi-family built in 1900. 1404 Fletcher Ave is located in Memorial Park, Fort Wayne. This property is currently available for sale and was listed by IRMLS on May 5, 2021. The MLS # for this home is MLS# 202115768.