1011 Lake Avenue Fort Wayne, IN 46805
MULTI_FAMILY - Fort Wayne, IN
- Added:
- May 12, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 13 at 9:06 pm
Property Features for 1011 Lake Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Basement
- Parking
- 6
- Fireplace
- 1
- Standard status
- Pending
- APN
- 02-12-01-135-016.000-074
- Size
- 2,300 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- LAKESIDE PARK ADD LOT 180
- Tax Annual Amount
- 1241
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Architectural style
- Other
Listing agent Richard Rutledge License #RB16000886 (260) 267-8220
Listing office Trueblood Real Estate, LLC. 8700 North Street, Fishers, IN (317) 288-5148
Listing date May 12, 2026
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.
Located at 1011 Lake Avenue in Fort Wayne’s 46805 area, the property benefits from a nearby recreational draw and local convenience. The public remarks note a short walk to Lakeside Park and quick access to downtown Fort Wayne for dining, entertainment, and energy. The lot size is listed at 0.16 acres, and the property is reported at 2,300 square feet.
From an ownership perspective, the current configuration supports immediate occupancy and documented cash flow based on the listing information. The property is reported at $3,937.00 in monthly gross income and $33,620.00 in net annual income after expenses, and it is described as assessed at over $321,400. For buyers seeking a managed, ready-to-operate multifamily asset, this 4-plex offers a completed, turn-key alternative to starting from renovation.
Key Highlights
- Fully occupied 4‑plex built in 1905
- Generating $3,937 per month gross income and $33,620 net annual income after expenses
- Assessed at over $321,400