1231 Stophlet Street

Fort Wayne, IN 46802

$200,000
Price
5
Beds
2
Baths
2,124 Sq. Ft.
$94 / Sq. Ft.
2,124
Sq. Ft.
$94
per Sq. Ft.

Description

Beautiful two-story Victorian home currently being used as room rentals. Property is located close to Electric Works. Great income producing opportunity or it could be used as a personal residence. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.Beautiful two-story Victorian home currently being used as room rentals. Property is located close to Electric Works. Great income producing opportunity or it could be used as a personal residence. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.
  1. Listed by David Budd • Tree City Realty

Property Details for 1231 Stophlet Street

Style
Two Story
Architectural Style
Victorian
Subdivision
Stophlets
Waterfront
No
Water Features
None
Pet Restrictions
No

Location

Listing Courtesy of Tree City Realty
Add your commute
LISTING UPDATED: 05/12/2024 07:39 AM

Property Details for 1231 Stophlet Street

StatusActive
MLS #202343520
Days on Market162
Taxes$93 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyAllen County

Location

Listing Courtesy of Tree City Realty
Add your commute

Building Information for 1231 Stophlet Street

Stories2Residences5Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,099 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,091

Property Taxes

$8

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1231 Stophlet Street

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46802
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: BROADWAY TO STOPHLET STREET, WEST ON STOPHLET. HOUSE WILL BE ON THE LEFT
  • Sea Wall Type: None
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2022
  • Parcel Number Id: 02-12-10-287-003.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Study
  • Middle School: Kekionga
  • High School: Wayne
Parking
  • Number Of Parking Spaces: 5
  • Parking: Off Street, Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.1
  • Lot Dimensions: 31x140
  • Below Grade Unfin Sqft: 900.0
  • Total Square Feet: 3024.0
  • Approx Lot Size Sqft: 4356.0
  • Above Grade Finished Sqft: 2124.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 900.0
  • Total Finished Sqft: 2124.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Documents Available: LBP Form
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: Indiana Michigan Power
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking
  • Common Amenities: None
  • Exterior: Brick
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 1
  • Number of Ranges/Ovens: 1
  • Number of Refrigerators: 1
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Number Water Meters: 1
  • Basement Material: Poured Concrete
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: None
  • Flooring: Laminate
  • Heating/Fuel: Gas, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 5
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $2,724.00
  • Annual Fuel Expense: $1,320.00
  • Annual Gross Rent $: $34,720
  • Annual Insurance Expense: $900
  • Annual Maint. Expense: $2,000
  • Annual Misc: $1,000
  • Annual Net Income: $24,967
  • Annual Property Tax: $93
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,716
  • Gross Monthly Income: $2,893
  • Gross Monthly Rent: $2,893
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 1
  • Unit 1-Basement: No
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $560
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 1
  • Unit 2-Basement: No
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Level: Main
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $560
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 1
  • Unit 3-Basement: No
  • Unit 3-Garage Type: None
  • Unit 3-Garage: No
  • Unit 3-Level: Upper
  • Unit 3-Unit Rent $: $560
Unit 4
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 1
  • Unit 4-Basement: No
  • Unit 4-Garage Type: None
  • Unit 4-Garage: No
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $560
Unit 5
  • Unit 5-Num of Bedrooms: 1
  • Unit 5-Num of Rooms: 1
  • Unit 5-Basement: No
  • Unit 5-Garage Type: None
  • Unit 5-Garage: No
  • Unit 5-Level: Upper
  • Unit 5-Unit Number: 5
  • Unit 5-Unit Rent $: $560
Rental
Rental Information
  • Lease Term: Week to Week
  • Owner Pays: Electric, Sewer, Tax, Water
  • Tenant Pays: None

Property History for 1231 Stophlet Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1231 Stophlet Street

Taxable ValueLand$11,300Additions$10,800Total$22,100
Tax Record2023$183 ($15 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,124 SqFtAbove Grade Finished SqFt2,124 SqFtStories2Lot Size4,340 SqFtStyleSingle Family ResidenceYear Built1900CountyALLENAPN02-12-10-287-003.000-074

Schools near 1231 Stophlet Street

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Study Elementary School
PublicPK to 5

Kekionga Middle School
Public6 to 8

South Side High School
Public9 to 12

Anthis Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1231 Stophlet Street is a multi-family home for sale in Fort Wayne, IN 46802. This property was listed for sale on December 1, 2023 by Tree City Realty, it's currently listed at $200,000. It has been on the market for a total of 162 days and was last sold on October 3, 2012. This listing's school district is Fort Wayne Community Schools. Nearby schools include Study Elementary School, Kekionga Middle School and South Side High School. 1231 Stophlet Street is a 5-bed, 2-bath, 2,124 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tree City Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.