Fort Wayne IN Multi Family for Sale

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Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.28 Acres
Year built:
1972
Baths:
6.00
MLS#:
202440988

ADDITIONAL INFORMATION

INVESTMENT POTENTIAL ! This is an ONLINE Multi-Tract Commercial Real Estate Auction. All offers must be submitted ONLINE. The current highest bid amount will be available to the public. The MINIMUM starting bid for each is $ 125,000. The Trustee will review the Highest Offer on Tuesday, November 12 @ 3:00 pm. There will be Two Open House dates to view the property on Sun. Nov. 3 (1 â?? 2pm) & Sun. Nov. 10 (1 â?? 2pm). >> Properties may be purchased individually, or as a whole. Interior Floor Plans in Documents, Rental income & info available upon request. TRACT #1 is Located @ 6301 Reed Rd which consists of a 4 Unit Brick Apartment Building with 4,436sqft Living Space on 0.28 acres on corner lot. All units are currently leased in this 2 floor complex close to Parks, Shopping & YMCA with 2,218sqft each level. Two Units consist of 2 Beds / 1 Bath with Living room, Kitchen with Laundry hook-up. Two Units consist of 3 Beds / 1.5 Baths with Living & Family Rooms, Kitchen and separate laundry room. Carport allows 3 spots with additional streetside parking for guests. TRACT #2 is Located @ 4717 Furge Dr. which consists of a 4 Unit Brick Apartment Building with 4,436sqft Living Space on 0.28 acres on corner lot. All units are currently leased in this 2 floor complex close to Parks, Shopping & YMCA with 2,218sqft each level. Two Units consist of 2 Beds / 1 Bath with Living room, Kitchen with Laundry hook-up. Two Units consist of 3 Beds / 1.5 Baths with Living & Family Rooms, Kitchen and separate laundry room. Parking consists of 4-6 paved uncovered spaces and additional StreetSide parking for guests. ***Auctioneer reserves the right to make changes to an auction, to split or combine lots, cancel, suspend, or extend the auction event. This property may sell at, above, or below listed price depending on the outcome of the auction bidding.***

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.27 Acres
Year built:
1972
Baths:
6.00
MLS#:
202425854

ADDITIONAL INFORMATION

Attention owner occupants and investors! This 4 plex is one of two nice buildings for sale in Fort Wayne 46835 zip code. New roof shingles with NEW roof decking installed Dec. 2023. Location has easy access to shopping, restaurants and close to 4 universities. Buildings have been very well maintained by owners. Fantastic opportunity to buy a rented 4 plex on the north side of Fort Wayne. 2 units are 3 bedroom, 1.5 baths & laundry hookup. The other 2 units are 2 bedroom, 1 bath. These are large and spacious apartments. Very appealing, low maintenance brick exterior with attractive covered front porch. Well maintained property and currently completely rented. Most tenants have are long term and rents have not been increased but tenants know it will increase. Leases are all month to month and Buyer can increase the rents. Please do not approach the tenants. This building has no common laundry for the 2 two bedroom apartments. Ample parking with a paved lot behind the building with 8 spaces and additional street parking. Each apartment is total electric and tenant pays their own electric, cable and internet. The building was purpose built in 1972. A a second floor balcony deck and stairway on the back of the building for two upper units to access the parking lot. This is a quality-built all brick building and rarely do any buildings like these come up for sale. Don't miss this unique opportunity to add or start your rental business. Includes 4 stoves & 4 refrigerators. Building is on a deep crawl space. This could be great for owner occupant buyer to live in one unit and have the tenants make your payments and start your rental business. There is an adjacent second 4 plex next door also listed with MLS #202425804 for sale with 4 two bedroom apartments. Buildings offer 8 units in one location NE available. Seller wishes to sell both buildings at same time and can be one buyer or two buyers as long as they close the same day & the same time.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.28 Acres
Year built:
1972
Baths:
4.00
MLS#:
202425804

ADDITIONAL INFORMATION

Look at this opportunity to purchase a nice 4 plex buildings in Fort Wayne's 46835 area. Located near 4 universities and easy access for shopping and restaurants. Buildings have been well maintained by owners but currently renting to long term tenants that have not been raised to market and are currently month to month. 3 units are occupied, and one is vacant, making a perfect opportunity for the buyer who wants to move in and enjoy building a great investment. This 4 plex is an income opportunity for the right buyer who understands market rents. Buy this stylish, partially brick, purpose built apartment building . New roof shingles and NEW roof sheathing installed Dec. 2023. 3 apartments are rented and most are long term tenants on a month to month lease. The 4th unit is freshly painted, new carpet, new stove and new refrigerator. Perfect chance to buy your first investment and live in the vacant apartment. Seller does not want tenants approached to upset them. Each apartment has 2 bedrooms, kitchen, 1 bath and an eating area. 4 stoves and 4 refrigerators included. The kitchens and bathrooms have ceramic back splashes for easy cleaning. Sufficient asphalt parking lot behind the building with 8 parking places behind the buildings and additional street parking. The apartments have access to the back parking lot through the first floor laundry area. This building has a common, coin operated washer and dryer also used by 2 units from 6205 Nina. Located north of St Joe Road in Fort Wayne in 46835 zip code. This is a rare opportunity to buy a purpose built 4 plex in Fort Wayne. The second building listed for sale is next door with MLS #202425854. Seller wants both sold and closed at the same time with either one or two buyers.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Fort Wayne Real Estate

The median home value in Fort Wayne, IN is $196,900. This is lower than the county median home value of $205,400. The national median home value is $338,100. The average price of homes sold in Fort Wayne, IN is $196,900. Approximately 57.47% of Fort Wayne homes are owned, compared to 34.49% rented, while 8.04% are vacant. Fort Wayne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fort Wayne real estate agent to arrange a tour today!

Fort Wayne, Indiana 46835 has a population of 262,676. Fort Wayne 46835 is less family-centric than the surrounding county with 29.38% of the households containing married families with children. The county average for households married with children is 31.74%.

The median household income in Fort Wayne, Indiana 46835 is $53,978. The median household income for the surrounding county is $61,456 compared to the national median of $69,021. The median age of people living in Fort Wayne 46835 is 35.1 years.

Fort Wayne Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 38.1 inches per year, with 30.4 inches of snow per year.

Fort Wayne Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    68
    30-day change

Fort Wayne Schools and Demographics

Education near Fort Wayne, IN

Metric City County
High School Graduates 88.9 90.06
College Degree - 2 year 10.1 10.87
College Degree - 4 year 28.03 29.89
Graduate Degree 7.08 7.33
Expenditures per Student 13,321 13,321
Students per Teacher 15.7 15.7

Elementary Schools near Fort Wayne, IN

School Grades Students P/T Ratio ZIP
Arlington Elementary School KG - 05 496 21.6 46835
Brentwood Elementary School PK - 05 502 21.8 46805
Fairfield Elementary School PK - 05 591 20.4 46807
Forest Park Elementary School PK - 05 612 19.1 46805
Francis M Price Elementary School PK - 05 500 20 46808
Franke Park Elementary School PK - 05 562 19.7 46808
Fred H Croninger Elementary School KG - 05 600 21.4 46815
Glenwood Park Elementary School KG - 05 601 20.7 46815
Harrison Hill Elementary School PK - 05 633 21.1 46807
Indian Village Elementary School PK - 05 509 22.6 46809
J Wilbur Haley Elementary School PK - 05 577 20.6 46815
Jeff H Towles Intermediate School 01 - 08 575 16.9 46815
Lincoln Elementary School KG - 05 709 19.2 46825
Mabel K Holland Elementary School PK - 05 538 24.4 46825
Northcrest Elementary School PK - 05 435 20.7 46825
Robert C Harris Elementary School KG - 05 444 22.2 46835
Saint Joseph Central School KG - 05 447 19.4 46835
Washington Center Elementary School PK - 05 484 18.3 46818
Weisser Park Elementary School 01 - 05 560 16.5 46806
Willard Shambaugh Elementary School KG - 05 369 19.4 46835

Middle Schools near Fort Wayne, IN

School Grades Students P/T Ratio ZIP
Blackhawk Middle School 06 - 08 863 21.1 46815
Jefferson Middle School 06 - 08 669 19.1 46835
Kekionga Middle School 06 - 08 539 16.8 46809
Lakeside Middle School 06 - 08 461 14 46805
Lane Middle School 06 - 08 563 18.8 46815
Memorial Park Middle School 06 - 08 630 18 46803
Miami Middle School 06 - 08 703 16 46819
Northwood Middle School 06 - 08 697 16.6 46825
Portage Middle School 06 - 08 490 16.9 46802
Shawnee Middle School 06 - 08 836 15.3 46825

High Schools near Fort Wayne, IN

School Grades Students P/T Ratio ZIP
North Side High School 09 - 12 1,806 24.1 46805
Northrop High School 09 - 12 2,179 25.1 46825
R Nelson Snider High School 09 - 12 1,830 23.5 46815
South Side High School 09 - 12 1,358 21.4 46807
Wayne High School 09 - 12 1,271 19.6 46819

Ungraded Schools near Fort Wayne, IN

School Grades Students P/T Ratio ZIP
* Allen County Juvenile Center 07 - 12 12 12 46808

Demographics near Fort Wayne, IN 46835

Metric Zip Code City
Neighborhood Type Suburban
Population 262,676 381,839
Population Density 2,375 581
Median Age 35.1 36.1
People per Household 2.4 2.5
Median Household Income 53,978 61,456
Average Income per Capita 29,268 32,079