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840-842 Columbia Ave Fort Wayne, IN 46805

Sponsored
For Sale
Pending
$315,000

Eightplex, Foursquare - Fort Wayne, IN

Property size:
5,008 SF
Lot size:
0.16 Acres
Days on Market:
25
Last Refresh:
Jan 5 at 4:06 pm

Property Features for 840-842 Columbia Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Pending
Rooms
Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Bedrooms
8
Bathrooms
8
APN
02-12-01-181-007.000-074
Parking features
Off Street
EntryLevel
Main,Upper
Exterior features
Basement, Ceiling Fan, Off Street Parking, Water Heater Electric, Water Heater Gas, Sump Pump, Washer Hook-up, None
Basement Y/N
1
Appliances
Range
Size
5,008 SF
Lot size
0.16 Acres

Utilities

Heating system
Electric (Heating), Forced Air, Natural Gas

Building Details

Floors in Building
2
Number of units
8
Flooring type
Vinyl
Roof type
Asphalt
Architectural style
Other

Keller Williams Realty Group (260) 460-7707 [email protected]

Listing agent Gary Brigman (260) 460-7707 License #RB14037898

Listing date Dec 12, 2025

MLS# 202530921 Listing URL

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.


Overview

Fort Wayne Eightplex Investment Opportunity

This is an eight-unit apartment building containing over 5008 square feet and a full basement. Located in the Columbia Avenue Local Historic District of Fort Wayne, Indiana, all units are currently rented. The property features updated bathrooms and kitchens. There are two gas furnaces and four hot water heaters, three of which are new. The building is equipped with seven electric meters, eight refrigerators, and eight ranges. Updated circuit breaker panels are in place, along with a new water line and sewer line replaced with a check valve. The lot size is 0.16 acres. The owner is responsible for all utilities. Gross rental income is $82,000 per year. An investment loan option is available based on rent income.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.128329
Latitude
41.083307

FAQs

What type of property is this?
Apartment building - Eight-unit apartment building in Fort Wayne's historic Columbia Avenue district.
Where is this apartment building located?
The property is located at 840-842 Columbia Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: - High Gross Rental Income: $82,000/Year; - Fully Rented 8-Plex: Immediate Cash Flow; - Updated Systems: New Water and Sewer Lines with Check Valve, Updated Bathrooms and Kitchens, Updated Circuit Breaker Panels
More about this property
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