1005 Cottage AVE, Fort Wayne, IN 46807
1005 Cottage AVE, Fort Wayne, IN 46807
1005 Cottage AVE, Fort Wayne, IN 46807
21
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Listed by Edmond Jemison • CENTURY 21 Bradley Realty, Inc • Cell: 260-515-3438
$159,900
Est. payment /mo
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3 Beds
1 Bath
1,408 SqFt
Active

1005 Cottage AVE Fort Wayne, IN 46807

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Travis Maassen

Travis Maassen

+1(260) 234-0358

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,408 sqft

Subdivision Weber(S)

MLS Listing ID IRM202624367

Style Traditional,Foursquare

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1906

Annual Tax Amount $1,769

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 41' x 133'

Property Sub-Type Site-Built Home

Property Description

Investor opportunity in the heart of Fort Wayne's desirable 46807 district (TENANT ALREADY IN PLACE) ! This well-maintained 3-bedroom, 1-bath two-story home offers immediate cash flow with a tenant already in place through March 2027 at $1,600 per month, creating a turnkey investment with stable income from day one.Located just minutes from Electric Works, downtown Fort Wayne, restaurants, entertainment, parks, and major employment centers, this property combines historic character with numerous updates completed during the current ownership period. Improvements include a remodeled kitchen with updated cabinetry and countertops, remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical updates include a new furnace and central air conditioning installed in 2022, with the HVAC system professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022, along with a washer and dryer added in 2025.The property also benefits from a structural engineer assessment completed in 2022 regarding the basement, providing additional information and peace of mind for future ownership.The home offers approximately 1,408 square feet, spacious bedrooms, a dedicated dining room, basement storage, detached garage with alley access, a large covered front porch, and a generously sized lot. Investors will appreciate the opportunity to acquire a performing asset with an established tenant already in place, reducing vacancy concerns and providing predictable income from day one.Whether you're expanding your portfolio or seeking a well-maintained investment property in one of Fort Wayne's most active growth corridors, 1005 Cottage Avenue presents an excellent opportunity to secure a leased property with proven rental income and substantial recent improvements.Tenant occupied through March 2027. Lease available upon request. Minimum 24-hour notice required for all showings, and showings to only be on Tuesdays. Property is being sold AS-IS. Some photos have been digital staged for tenant privacy.

Location

State IN

Rooms

Basement Partial, Unfinished

Interior

Interior Features Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Patio Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up

Heating Gas, Forced Air

Fireplaces Type None

Inclusions Refrigerator, Washer, Cooktop-Electric, Dryer-Electric, Range-Electric, Water Heater Gas

Fireplace N

Exterior

Parking Features Gravel

Garage Spaces 1.0

Fence Chain Link, Pet Fence

Amenities Available Sidewalks

Waterfront Description None

View Y/N true

Building

Lot Description Level, Wooded

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools South Wayne

Middle Schools Portage

High Schools South Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-08-21-331-015.000-072

Acceptable Financing IRM202624367

Listing Terms IRM202624367

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202624367

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Travis Maassen

Travis Maassen

Broker License ID: RB23000211

+1(260) 234-0358

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1005 Cottage AVE