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Four-Unit Quadplex with Rental Mix
For Sale
$250,000

708 Columbia Avenue, Fort Wayne, IN 46805

INVESTMENT, Two Story, Fort Wayne, IN

Property Size2,660 SF
Lot Size0.16 Acres
Price / SF$93.98
Days on Market77

Property Features for 708 Columbia Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3
Parking 4
Parking features Off Street, Garage
Fireplace 1
Subdivision Lakeside Park
Lot features City/ Town/ Suburb, Near Walking Trail, Historic District, Level, Historic Designation, Planned Unit Development
Elementary school Forest Park
Middle school Lakeside
High school North Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions E Main St left on St Joseph Blvd, take "Y" to right onto Columbia Ave. House is immediately on the right
Standard status Active
APN 02-12-01-157-004.000-074
Size 2,660 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LAKESIDE PARK ADD LOT 7
Tax Annual Amount 2400
Legal Description LAKESIDE PARK ADD LOT 7

Building Details

Year built 1890
Floors in Building 2
Number of units 4
Flooring type Tile, Carpet, Wood, Vinyl
Roof type Asphalt
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Kathy Hutchins · License #RB20001874
Added: Jun 15 Changed: Aug 26 Last Checked: Aug 30 at 4:06PM
MLS# 202623519

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 two-story quadplex contains 2,660 square feet on a 0.16-acre parcel and was built in 1890. The four-unit layout includes three one-bedroom, one-bath apartments plus one efficiency unit. Interior finishes include tile, carpet, wood, and vinyl flooring, with a basement and fireplace also included. Off-street parking and a garage serve the property, while the asphalt roof completes the exterior improvements.

Each unit has its own electric meter, and tenants pay electricity individually. Professional property management is in place. The property sits near Lakeside Park and is within walking and biking distance of downtown attractions, shops, restaurants, and community events in Fort Wayne’s historical district.

Key Highlights

  • Four‑unit layout with three one‑bedroom, one‑bath apartments and one efficiency unit
  • 2,660 square feet on a 0.16‑acre parcel
  • Built in 1890 with two‑story construction

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic Home Appliance Store Electrical Service Acupuncture

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,933
Businesses Nearby

Demographics for 46805, IN

21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
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?
Quadplex - Fully occupied apartments feature separate electric metering, off-street parking, and professional management already in place.
Where is this quadplex located?
The property is located at 708 Columbia Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit layout with three one‑bedroom, one‑bath apartments and one efficiency unit; 2,660 square feet on a 0.16‑acre parcel; Built in 1890 with two‑story construction
More about this property
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