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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by eXp Realty, LLC

$999,900

Est. payment - /mo

13 Beds

7 Baths

11,691 SqFt

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Key Details

Property Type Multi-Family

Sub Type Fiveplex

Listing Status Active

Purchase Type For Sale

Square Footage 11,691 sqft

MLS Listing ID IRM202633744

Bedrooms 13

Full Baths 7

HOA Y/N No

Year Built 1843

Annual Tax Amount $18,115

Tax Year 2026

Lot Size 0.470 Acres

Acres 0.47

Lot Dimensions 136X150

Property Sub-Type Fiveplex

Property Description

Once-in-a-Lifetime Investment & Historic Masterpiece in Downtown Fort Wayne!First time on the market since 2007! This grand Greek Revival historic landmark—originally built by famed architect Henry Williams for Hugh McCulloch, who once served as the Secretary of the Treasury under Presidents Abraham Lincoln, Andrew Johnson and Chester Arthur—presents a truly rare acquisition opportunity. Rich in local history, this landmark property has evolved over the decades, having served as a distinguished private estate, the Fort Wayne College of Medicine, the Fort Wayne Turners, the International Brotherhood of Electrical Workers, and even a commercial retail space.Today, it is operating as a thriving, turnkey Airbnb featuring 5 units and 13 total bedrooms. Located right on the downtown edge, directly adjacent to the vibrant Riverfront development, Promenade Park, and just steps off the bustling Wells Street Corridor, the location couldn't be more prime.Key Property DetailsPrice / Availability: First time offered for sale since 2007Total Units: 5 Independent UnitsTotal Bedrooms: 13 BedroomsUnit Mix:Two 3-Bed / 2-Bath UnitsOne 3-Bed / 1-Bath UnitTwo 2-Bed / 1-Bath UnitsCondition: Undergone an immense amount of modern updates throughout while retaining its magnificent historic character.Parking: Ample on-site parking for residents and guests.Unmatched Versatility & Investment PotentialTurnkey Airbnb Operation: Generating income from day one as a short-term rental. Projected annual income to be $141,588 for 2026. House-Hacker's Dream: Live in one of the spacious 3-bedroom units while the remaining 4 units cover your mortgage and expenses.Flexible Downtown Edge Zoning: Enjoy almost unlimited options for future use—whether continuing as short-term rentals, converting to long-term apartments, establishing commercial/retail space, or restoring it into an iconic private downtown estate.Turnkey Option Available: All furniture is included with a strong offer! (Additional personal property is TBD).Location HighlightsPromenade Park & Riverfront Development: Located immediately adjacent to Fort Wayne's premier riverfront destination.Wells Street Corridor: Walking distance to local dining, boutique shopping, and nightlife.Downtown Edge: Seamless access to the heart of downtown Fort Wayne's commercial and entertainment districts.For detailed information on the extensive zoning opportunities, historical documents, and incomehttps://my.matterport.com/s

Location

State IN

County Allen County

Rooms

Basement Partial, Unfinished

Interior

Heating Gas, Forced Air

Inclusions Building, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 15

Building

Lot Description Level, Historic Designation, Flood Plain

Story Three

Sewer Public Sewer

Water City

Level or Stories Three

New Construction No

Schools

Elementary Schools Washington

Middle Schools Portage

High Schools Wayne

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-02-304-009.000-074

Monthly Total Fees $4, 800

Acceptable Financing IRM202633744

Listing Terms IRM202633744

Special Listing Condition None

Pets Allowed Yes

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Mariah Cressy

+1(574) 339-4941

Broker

616 W Superior ST Fort Wayne, IN 46802-1019

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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