Turnkey Fourplex in Fort
1011 Lake Avenue, Fort Wayne, IN 46805
Fourplex - Fort Wayne, IN
Property size:
2,300 SFLot size:
0.16 AcresPrice / SF:
$134/SF- Added:
- May 12, 2026
- Days on Market:
- 18
- Last Refresh:
- May 29 at 6:06 pm
Property Features for 1011 Lake Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- EntryLevel
- Upper,Main
- Exterior features
- Basement, None
- Basement Y/N
- 1
- Appliances
- Range
- Standard status
- Active
- APN
- 02-12-01-135-016.000-074
- Size
- 2,300 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl
- Architectural style
- Other
Listing agent Richard Rutledge License #RB16000886 (260) 267-8220
Listing office Trueblood Real Estate, LLC. 8700 North Street, Fishers, IN (317) 288-5148
Listing date May 12, 2026
MLS# 202617711
Listing URL
Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey 4‑Plex generating $3,937 monthly gross income and $33,620 NET annual income.
- Located in the highly desirable 46805 district, near Lakeside Park and downtown Fort Wayne.
- All units rehabbed prior to tenant occupancy with updated paint, carpet, and appliances.
- Freshly painted exterior in 2024.
- Assessed at over $321,400.
- Basement included.
Overview
This fully occupied fourplex is an investment opportunity generating a monthly gross income of $3,937.00 and a net annual income of $33,620.00 after all expenses. It is located in the 46805 district, within walking distance of Lakeside Park and minutes from downtown Fort Wayne's dining and entertainment options. The property features a freshly painted exterior in 2024. All units were rehabbed prior to tenant occupancy and feature updated paint, carpet, and appliances as needed. The property size is 2,300 square feet and the lot size is 0.16 acres.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.126929
- Latitude
- 41.085758
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex generating impressive monthly and annual income.
Where is this quadplex located?
The property is located at 1011 Lake Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Turnkey 4‑Plex generating $3,937 monthly gross income and $33,620 NET annual income.; Located in the highly desirable 46805 district, near Lakeside Park and downtown Fort Wayne.; All units rehabbed prior to tenant occupancy with updated paint, carpet, and appliances.
