939 Lincoln Avenue, Fort Wayne, IN

$214,900

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4

Beds

3

Baths

2,652

Square feet

0.16

Acres

About 939 Lincoln Avenue

Seize the opportunity to own this fully occupied triplex, delivering a strong $2,285/month rental income with additional upside. The property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with two of the three units already utilizing RUBS for utility reimbursement, creating room for even greater returns. Unit 1 showcases timeless charm with original hardwood floors rich wood detailing, and a decorative fireplace, while modern updates include a new furnace (2023). A coin-operated laundry in the dry, unfinished basement—accessible via a separate exterior entrance shared with 939 Lincoln Ave and 1001 Lincoln Ave—adds valuable extra income potential. Tenants enjoy a 2-car garage, off-street parking, and convenient access to nearby Lutheran Park, Packard Park, and the Rivergreenway, while being just 3 minutes from shopping, dining, and Electric Works. This is a rare opportunity to acquire a prime investment property with strong income, historic charm, and modern updates in one of Fort Wayne’s most desirable areas. For investors seeking scale, this property can also be packaged with 1001 Lincoln Ave, 1510 Taylor St, and/or 228 W Leith St to create a robust Fort Wayne portfolio!

Features of 939 Lincoln Avenue

MLS® # 202535170
Price $214,900
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,652
Acres 0.16
Year Built 1926
Type Multifamily
Sub-Type Triplex
Status Active

Community Information

Address 939 Lincoln Avenue
Subdivision Brandriff & Miners
City Fort Wayne
County Allen County
State IN
Zip Code 46807

Amenities

Amenities Laundry Facilities
Features Basement, Fireplace, Off Street Parking, Eat-In Kitchen, Porch Covered, Water Heater Gas, Custom Cabinetry
Parking Spaces 4
Parking Garage, Off Street
Is Waterfront No
Has Pool No

Interior

Interior Wood
Heating Gas, Forced Air
Cooling None
# of Stories 3
Stories Two and Half Story
Has Basement Yes
Basement Full Basement, Unfinished

Exterior

Exterior Wood
Lot Description Level
Roof Asphalt, Shingle
Construction No

School Information

District Fort Wayne Community
Elementary South Wayne
Middle Portage
High South Side

Additional Information

Days on Market 41
Foreclosure No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

AgentJordan Wildman
OfficeeXp Realty, LLC
Contact InfoHome: 260-498-0384

Listing Map

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