$1,200,000

520 Lavina Street, Fort Wayne, IN 46802

  • 9 beds |
  • 7 baths |
  • 5,817 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $206/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Rare Luxury Investment Opportunity – Live in One, Income from Two! Exceptional opportunity to purchase three newer luxury condominiums offered as a package. Perfect for an owner-occupant or investor—live in one unit while generating income from the other two. Built to commercial construction standards with high-end finishes throughout, offering true luxury living. Located just steps from the ballpark, restaurants, pubs, and entertainment, with an easy walk to The Fairfield for duckpin bowling and virtual golf. Each unit features 3 bedrooms and 2–3 baths. The garden-level basement space includes egress windows and partial above-grade exposure and is framed for 3 bedrooms and 2 full baths, with most finishing materials already onsite (flooring not included). Enjoy balconies, porches, a large fenced yard, and abundant off-street parking with potential for future garages. A concrete bunker space offers a unique opportunity for a shared gym or storage. A rare combination of luxury, location, and income potential. Rooms & room sizes only reflect main floor unit. The Tax records reflect 1920 as year of construction, however, the basement and most of the structure was newly constructed in 2006, only a few walls of the 1920 structure remain within the home. Everything has been updated to today's code electrically, mechanically, etc.

Listing Status:
Active
Date Added:
March 14, 2026
Data Last Updated:
April 6, 2026 at 7:58AM
Listing Office:
North Eastern Group Realty : 260-489-7095
Listing Agent:
Melissa Maddox : 260-760-8734
MLS ID:
202608462
  • Basement: DaylightFull BasementPartially FinishedWalk-Out Basement
  • Flooring: CarpetLaminateTile
  • A/C: Central Air
  • Heating: Forced AirGas
  • Fireplace: None
  • General: Vinyl
  • Style: VictorianTwo Story
  • Roofing: AsphaltShingle
  • HOA Amenities: 0.0
  • School District: Fort Wayne Community
  • Driveway: Concrete
  • Zoning: Unit 101 & 201 5 Twenty Downtown Condominiums02-12-11-139-001.000-074
  • Fencing: Chain Link
  • Water: City
  • Sewer: City

This listing courtesy of Melissa Maddox , North Eastern Group Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Washington Elementary School

1015 W Washington Blvd, Fort Wayne, IN, 46802

Grades PK-5

0.33 miles away

P

Portage Middle School

3521 Taylor St, Fort Wayne, IN, 46802

Grades 6-8

2.17 miles away

W

Wayne High School

9100 Winchester Rd, Fort Wayne, IN, 46819

Grades 9-12

5.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.