Billie Shively

REALTOR®, Broker Associate Lic# RB22001465

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Listed by Trueblood Real Estate, LLC.
Bought with Antrim Group

$ 295,000

$ 309,000 4.5%

Est. payment | -/mo

4 Beds

4 Baths

2,300 SqFt

$ 295,000

$ 309,000 4.5%

Est. payment | -/mo

4 Beds

4 Baths

2,300 SqFt

Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,300 sqft

Subdivision Lakeside Park

MLS Listing ID IRM202617711

Sold Date 09/17/26

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1905

Annual Tax Amount $7,341

Tax Year 2026

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 45X150

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

Rooms

Basement Full, Unfinished

Interior

Heating Gas, Forced Air

Fireplace N

Exterior

Parking Features Gravel

View Y/N true

Total Parking Spaces 6

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Forest Park

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-01-135-016.000-074

Monthly Total Fees $500

Acceptable Financing IRM202617711

Listing Terms IRM202617711

Financing Conventional

Special Listing Condition None

Pets Allowed No

Nearby Locations

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Billie Shively

REALTOR®, Broker Associate Lic# RB22001465

billie.shively@exprealty.com

+1(574) 527-1533

2174 N Pointe Dr, Warsaw, IN 46582, USA

1011 Lake AVE Fort Wayne, IN 46805-4398

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Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

1011 Lake AVE