$320,000

1011 Lake Avenue, Fort Wayne, IN 46805

  • 4 beds |
  • 4 baths |
  • 3,412 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Turnkey 4-Plex, fully occupied generating $3,497 monthly income, ideally located within walking distance of Lakeside Park. Exterior freshly painted in 2024. All units rehabbed prior to tenant move-in, featuring updated paint, carpet and appliances as needed. Two of four tenants have been in place since 2023 and the other two moved in this year. This well-maintained, income-producing property is a must-see investment opportunity. Option to purchase additional property at 1027 Lake Ave. Tenants require 48-hour notice for showings and will be present. Owner covers water & gas, averaging $252 per month. Off-street parking in rear.

Listing Status:
Active
Date Added:
October 8, 2025 at 05:00AM
Listing Office:
Beach Vibes Realty : 260-494-6154
Listing Agent:
Rachel Morgan-Hamilton : 260-494-6154
MLS ID:
202540712
  • Basement: Full BasementUnfinished
  • Flooring: CarpetLaminate
  • A/C: None
  • Heating: Forced AirGas
  • General: Wood
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 4
  • School District: Fort Wayne Community
  • Zoning: LAKESIDE PARK ADD LOT 18002-12-01-135-016.000-074

This listing courtesy of Rachel Morgan-Hamilton, Beach Vibes Realty

Monthly Payment

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

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Location

Schools Nearby

F

Forest Park Elementary School

2004 Alabama Ave, Fort Wayne, IN, 46805

Grades PK-5

0.66 miles away

L

Lakeside Middle School

2100 Lake Ave, Fort Wayne, IN, 46805

Grades 6-8

0.86 miles away

N

North Side High School

475 E State Blvd, Fort Wayne, IN, 46805

Grades 9-12

0.91 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.

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1027 Lake Avenue, Fort Wayne, IN 46805
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$330,000

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  • 4 bath |
  • 3,574 sqft |
1027 Lake Avenue Fort Wayne, IN 46805

#202540713 - Beach Vibes Realty