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    1011 W Wayne St Fort Wayne, IN 46802

    For Sale
    $374,900

    Fourplex - Fort Wayne, IN

    Property size:
    3,164 SF
    Lot size:
    0.17 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1011 W Wayne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    APN
    02-12-02-359-004.000-074
    Exterior features
    Basement, Ceiling Fan, Fireplace, Off Street Parking, Near Walking Trail, None
    Basement Y/N
    1
    Appliances
    Dryer, Range
    Size
    3,164 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    4
    Flooring type
    Laminate, Wood
    Architectural style
    Other

    Steffen Group (260) 426-0633 [email protected]

    Listing agent Brandon Steffen (260) 426-0633 License #RB14016472

    Listing date Nov 13, 2025

    MLS# 202545715 Listing URL

    Copyright © 2025 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.

    Overview

    Fort Wayne Fourplex with Updates

    This well-maintained fourplex is located in the heart of Fort Wayne’s West Central neighborhood. The property features three one-bedroom units and one two-bedroom unit. Each unit has separate utilities and individual gas forced-air furnaces. Two units include central air conditioning. The building showcases restored hardwood floors and original fireplaces. All units have been updated and are in excellent condition. A rebuilt garage provides tenant bicycle storage. The roof is 8 years old. Off-street parking is available. The property has a size of 3164 square feet and sits on a lot of 0.17 acres. The property is located in Allen County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.152149
    Latitude
    41.076057

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex in Fort Wayne's West Central neighborhood.
    Where is this quadplex located?
    The property is located at 1011 W Wayne St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: - Strong upside income potential due to below-market rents.; - Located in the desirable West Central neighborhood.; - All units are updated and in excellent condition.
    (260) 426-0633
    Request Owner's contact information
    1011 W Wayne St Fort Wayne, IN 46802
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    Fort Wayne, IN 46802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 W Wayne St Fort Wayne, IN 46802
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