Cash flow opportunity! This property includes a 2 bed 1 bath home with an effective 1 bed 1 bath built on. Along side is a carriage home with 1 bed 1 bath with a 2 car garage. Rents are currently under rate and can be raised as soon as purchased. 2 of the 3 units are occupied by long term tenants. Their lease is currently month to month. Efficiency currently pays 750 while the carriage house is paying 950. The ranch is unoccupied. All new wiring 10 years ago. New sewer 10 years ago. New roof 11 years ago. all new plumbing and base board heating 10 years ago. New dry wall 10 years ago. Upgraded insulation. New dry wall. New bathroom remodels. New Paint. New carpet. Kitchen remodel. 200 Amp Service installed in 2022. This is an easy cash flow. Raise rents to market rate and make a great return.
Multi-familyProperty Type
1917Year Built
1.04 acresLot Size
$172Est. Price/Sq.Ft.
12 spacesParking
Listed by Tyler Dohner• CENTURY 21 Bradley Realty, Inc
Contact: Cell: 260-246-1298
Bought with Tyler Dohner• CENTURY 21 Bradley Realty, Inc
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1.01 Acres
Year renovated
1917
Sq. Ft.
1,602
Year built
1917
Style
Single Family Residential
County
Allen County
APN
020732101006000066
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R1
Single Family Residential District
The Single Family Residential district is intended to create and maintain areas for single family residential uses on individual lots or tracts and to provide for a variety of areas for single family neighborhoods, along with certain additional uses.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Aug 16, 2021 • Active
Electrical - residential
Perform electrical wiring repairs and demolish a portion of the building due to fire damage. Repair the roof, install new siding, paint, and install new flooring on the existing structure.
Electrical
Remodel
Aug 16, 2021 • Active
Building - residential
Tear off the existing rubber roofing and install a new rubber roof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Has Garage
# of Open Parking Spaces: 12
Parking Features: Garage Door Opener, Gravel, Off Street, Garage