REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kimberly Slucher

kimberlys@c21bradley.com +1(260) 443-8472

Listed by Richard Rutledge • Trueblood Real Estate, LLC. • Cell: 260-267-8220

$ 309,000

Est. payment | -/mo

4 Beds

4 Baths

2,300 SqFt

Save

$ 309,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,300 sqft

Subdivision Lakeside Park

MLS Listing ID 202617711

Style Two Story

Bedrooms 4

Full Baths 4

Abv Grd Liv Area 2,300

Total Fin. Sqft 2300

Year Built 1905

Annual Tax Amount $1,241

Tax Year 2026

Lot Size 6,969 Sqft

Property Sub-Type Fourplex

Property Description

This fully occupied turnkey 4-Plex is the kind of investment opportunity that rarely hits the market. Generating an impressive $3,937.00 monthly gross income and $33,620.00 NET annual income after all expenses. It it assessed at over $321,400.00. Ideally positioned in the heart of the highly desirable 46805 district, you're just a short walk from Lakeside Park and only minutes from the energy, dining, and entertainment of downtown Fort Wayne. With a freshly painted exterior in 2024 and all units rehabbed prior to tenant occupancy featuring updated paint, carpet, and appliances as needed, this property offers the perfect blend of charm, stability, and cash flow. Well-maintained, income-producing, and aggressively priced for the value offered, this is a prime opportunity for both seasoned investors and buyers looking to expand their portfolio with confidence. Opportunities like this don't last long.

Location

State IN

County Allen County

Area Allen County

Direction Property is located on the right side of the one-way road (Lake Ave) heading west, towards downtown, and is marked well with signage.

Rooms

Family Room 1200 x 825

Dining Room 0 x 1012

Kitchen , 900

Interior

Flooring Carpet, Vinyl

Fireplaces Number 2

Appliance Building, Land, Lease

Laundry , 6

Exterior

Garage Spaces 1.0

Amenities Available Basement

Total Parking Spaces 6

Building

Lot Description Level

Story 2

Structure Type Wood

New Construction No

Schools

Elementary Schools Forest Park

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

Others

Financing Cash,Conventional

IDX information provided by the Indiana Regional MLS

Nearby Locations

GET MORE INFORMATION

Kimberly Slucher

Broker-Associate | Lic# RB1600382

kimberlys@c21bradley.com

+1(260) 443-8472

2928 E Dupont Rd., Fort Wayne, IN 46825

1011 Lake Avenue Fort Wayne, IN 46805-4398

Kimberly Slucher

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

1011 Lake Avenue