Search
Historic Five-Unit Apartment Building
For Sale
$999,900

616 W Superior Street, Fort Wayne, IN 46802

INVESTMENT, Three Story, Fort Wayne, IN

Property Size11,691 SF
Lot Size0.47 Acres
Price / SF$85.53
Days on Market33

Property Features for 616 W Superior Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 13
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 1, Bedroom 9, Bedroom 7, Basement, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 13, Bedroom 12, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 11, Bedroom 8, Bedroom 10, Bathroom 7, Bathroom 1, Bathroom 4
Parking 15
Lot features Level, Historic Designation, Flood Plain
Elementary school Washington
Middle school Portage
High school Wayne
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions Enter into mapping app
Subdivision Allen County
Standard status Active
APN 02-12-02-304-009.000-074
Size 11,691 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOTS 2 & 3 & W 35' LOT 1 MCCULLOCHS HOMESTEAD ADDITION
Tax Annual Amount 2500
Legal Description LOTS 2 & 3 & W 35' LOT 1 MCCULLOCHS HOMESTEAD ADDITION

Utilities

Cooling system Central Air

Building Details

Year built 1843
Floors in Building 3
Number of units 5
Flooring type Wood, Carpet, Tile, Tile - Ceramic
Architectural style Other
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman · License #RB19001056
Added: Aug 18 Changed: Sep 14 Last Checked: Sep 19 at 12:06PM
MLS# 202633744

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 11,691-square-foot apartment building occupies 0.47 acres and was constructed in 1843. The Greek Revival property contains five independent units with 13 bedrooms: two three-bedroom, two-bath units; one three-bedroom, one-bath unit; and two two-bedroom, one-bath units. Modern improvements have been added while retaining historic architectural character. Interior features include wood, ceramic tile, tile, and carpet flooring, along with central air conditioning and a basement. Ample on-site parking serves residents and guests.

Located at 616 W Superior Street in Fort Wayne, the property sits adjacent to the Riverfront development and Promenade Park, with the Wells Street Corridor nearby. The building has operated as a short-term rental and is described as suitable for continued short-term rental use, long-term apartments, commercial or retail space, or conversion to a private estate. Its documented past uses include a private residence, medical college, fraternal organization, electrical workers’ headquarters, and retail space.

Key Highlights

  • Five independent units with 13 total bedrooms
  • Unit mix includes two 3‑bed/2‑bath units, one 3‑bed/1‑bath unit, and two 2‑bed/1‑bath units
  • 11,691 square feet on 0.47 acres

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Auto Parts Store Electrical Service Building Supply 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,023
Businesses Nearby

Demographics for 46802, IN

10,664
Population
5,831
Households
1.8
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
2,539
Density / Sq Mi
$40,903
Median Household Income
$32,172
Median Earnings
$880
Median Rent
$131,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Modern updates preserve the building’s historic character and support short-term rental operations.
Where is this apartment building located?
The property is located at 616 W Superior Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Five independent units with 13 total bedrooms; Unit mix includes two 3‑bed/2‑bath units, one 3‑bed/1‑bath unit, and two 2‑bed/1‑bath units; 11,691 square feet on 0.47 acres
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message