$120,000

Property Description

INVESTMENT OPPORTUNITY IN FORT WAYNE'S 46807! This estate-sale property at 2318 S Wayne Ave is being offered AS-IS and is ready for an investor, rehabber, fixer-upper buyer, or experienced home flipper with a vision. The two-story residence offers classic exterior character and a prominent setting along South Wayne Avenue in an established central Fort Wayne neighborhood. A newer roof and updates to major mechanical systems give the next owner a valuable head start while leaving plenty of opportunity to renovate, modernize, and add value. Restore its original charm for resale, add it to a rental portfolio, or explore a BRRRR strategy-the property offers several potential paths for an experienced buyer prepared to complete the remaining repairs and improvements. Conveniently located near downtown Fort Wayne, local restaurants, parks, shopping, and major travel routes. This is not a turnkey home; it is a value-add real estate opportunity where thoughtful improvements may create meaningful equity. The property is being sold in its current condition, and the seller will make no repairs. Buyers should perform their own inspections and independently verify the property's condition, measurements, utilities, zoning, taxes, roof and mechanical updates, and suitability for their intended use. Bring your contractor, renovation plan, and imagination, and take advantage of this Fort Wayne investment property and house-flipping opportunity.

Property Facts & Features

Property Type

Single Family

Status

Closed

Listed

Sep 22, 2026

Sold

Oct 6, 2026

List Price

$119,900

Price per Sq Ft

$85/sqft

ZIP Code

46807

Full Baths

1

Stories

2

Cooling

Central Air

Style

Traditional

Property Tax (2025)

$1,033/yr

Assessed Value

$129,500

Neighborhood

Creighton Home

County

Allen

School District

Fort Wayne Community Schools

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 41.06359 · Lng -85.14784