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About This Home
This 3-bedroom, 1-bathroom single family at 1005 Cottage Avenue in Fort Wayne, IN is listed for $164,900 ($117 per sqft). Built in 1906, the home offers 1,408 sqft of living space on a 0.13 acres lot.
Start Showing Date: 6/23/2026 Investor opportunity in the heart of Fort Wayne's desirable 46807 district! 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 Elec
tric 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.
Key Features
- Built in 1906
- 0.13 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$882/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1005 Cottage Avenue
Fort Wayne, IN 46807
Weber(s)
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1005 Cottage Avenue is listed at $164,900 ($117/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.
Key features include: Built in 1906, 0.13 acre lot, 2 stories. Interior Features: Cable Ready, Closet(s) Walk-in, Countertops-laminate. Exterior Features: Sidewalks, Fence, None.
This property is listed by Edmond Jemison and can be reached at 2605153438 or jemison0822@gmail.com.








