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Six-Unit Apartment Building with Fireplace
For Sale
$499,000

4013 S Wayne Avenue, Fort Wayne, IN 46807

MULTI_FAMILY - Fort Wayne, IN

Property Size3,406 SF
Lot Size0.12 Acres
Price / SF$146.51
Days on Market294

Property Features for 4013 S Wayne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 5, Bedroom 5
Parking 1
Fireplace 1
Subdivision Wayne(s)
Lot features Level, 0-2.9999
Elementary school Harrison Hill
Middle school Kekionga
High school South Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions GPS Friendly. Park on street past the Friendly Fox, the former location of 2 Crazy Crystal Guys, and next to Antonuccio's Italian Market.
Standard status Active
APN 02-12-14-380-006.000-074
Size 3,406 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 136 FAIRFIELD HEIGHTS ADDITION
Tax Annual Amount 3000
Legal Description LOT 136 FAIRFIELD HEIGHTS ADDITION

Building Details

Year built 1930
Floors in Building 2
Number of units 6
Flooring type Carpet, Mixed, Vinyl, Laminate
Architectural style Other
Listing Agency: Orizon Real Estate, Inc.
Listed By: Caleb Hunter · License #RB22001634
Added: Oct 15, 2025 Changed: Aug 1 Last Checked: Aug 4 at 7:06AM
MLS# 202541766

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.

Investment Insights

Based on property information with market context.

This six-unit apartment building offers multiple living setups with full bathrooms in every unit. Two units are leased month-to-month, three units operate as Airbnbs, and the sixth unit is used for storage and needs renovation. All six units have separately metered electric, and the building includes a fireplace. Flooring includes carpet, mixed surfaces, vinyl, and laminate.

The property sits on a 0.12-acre lot and was built in 1930. The building provides a basement and room mix that includes multiple bedrooms and bathrooms across the six units.

Located at 4013 S Wayne Avenue in Fort Wayne (46807), the property is next door to Antonuccios Italian Market and steps away from the Friendly Fox restaurant, supporting tenant activity for both longer- and short-term operations.

Key Highlights

  • Six‑unit apartment building with full bathrooms in every unit
  • Two units leased month‑to‑month; three operate as Airbnbs; sixth used for storage and needs renovation
  • Separately metered electric for all 6 units

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby

Demographics for 46807, IN

16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with separately metered electric, full bathrooms, and a fireplace, with one unit needing renovation.
Where is this apartment building located?
The property is located at 4013 S Wayne Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Six‑unit apartment building with full bathrooms in every unit; Two units leased month‑to‑month; three operate as Airbnbs; sixth used for storage and needs renovation; Separately metered electric for all 6 units
More about this property
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