1027 Lake Avenue Fort Wayne, IN 46805
Fourplex - Fort Wayne, IN
Property size:
2,448 SFLot size:
0.16 AcresPrice / SF:
$134/SF- Added:
- Oct 8, 2025
- Days on Market:
- 196
- Last Refresh:
- Apr 21 at 11:06 pm
Property Features for 1027 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
- Parking features
- Off Street
- Patio and Porch features
- Porch
- EntryLevel
- Main,Upper
- Exterior features
- Off Street Parking, Porch Open, Water Heater Gas, None
- Basement Y/N
- 1
- Appliances
- Dryer, Range
- Standard status
- Active
- APN
- 02-12-01-135-020.000-074
- Size
- 2,448 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Hot Water (Heating)
Building Details
- Floors in Building
- 2.5
- Number of units
- 4
- Flooring type
- Carpet, Laminate
- Architectural style
- Other
Listing agent Rachel Morgan-Hamilton License #RB17000087 (260) 494-6154
Listing office Beach Vibes Realty 3114 Southwin Drive, Fort Wayne, IN (260) 494-6154
Listing date Oct 8, 2025
MLS# 202540713
Listing URL
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Overview
Turnkey Fourplex Near Lakeside Park
This turnkey fourplex is fully occupied and generates $3,651 in monthly income. It is located within walking distance of Lakeside Park in Fort Wayne, Indiana. The exterior was freshly painted in 2024. Prior to tenant move-in, all units were rehabbed with updated paint, carpet, and appliances as needed. Three of the four tenants have been in place since 2023, ensuring stable income. The property size is 2,448 square feet and the lot size is 0.16 acres. Off-street parking is available in the rear. The owner covers utilities, averaging $575 per month. Tenants require 48-hour notice for showings and will be present. This well-maintained, income-producing property is a must-see investment opportunity. There is also an option to purchase an additional property at 1011 Lake Ave.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.126398
- Latitude
- 41.086063
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex near Lakeside Park, generating stable monthly income.
Where is this quadplex located?
The property is located at 1027 Lake Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Turnkey 4‑Plex generating $3,651 monthly income.; Ideally located within walking distance of Lakeside Park.; Fully occupied with three of four tenants in place since 2023, ensuring stable income.
