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Four-Unit Quadplex with Coin Laundry
For Sale
$299,900

1103 Crescent Avenue, Fort Wayne, IN 46805

Fully rented property with basement laundry, separate electric meters, and original hardwood flooring throughout.

Property Size2,984 SF
Price / SF$100.50
Days on Market183

Property Features for 1103 Crescent Avenue

General Information

Standard status Active
Size 2,984 SF
Property subtype Multi Family / Fourplex
Occupancy 100%
Lease Term 1 Year

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $35,520

Taxes and HOA fees

Annual Taxes $4,840

Amenities

common coin laundry
2
Yes
Wood
4
Electricity, Baseboard
1
Brick
Full Basement, Unfinished
No
Vinyl
Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Detector-Smoke, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
Asphalt, Shingle

Building Details

Year Built 1900
Units 4
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman · License #RB19001056
Source: Compass
Added: Mar 1 Changed: Aug 30 Last Checked: Aug 30 at 9:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This 2,984-square-foot quadplex contains four one-bedroom, one-bathroom units within a brick building constructed in 1900. Original hardwood floors add a distinctive interior feature, while the property also includes a full unfinished basement with shared coin laundry. Each residence is separately metered for electricity, and occupants pay their own electric service. A newer roof, covered porch, gas water heater, washer hookups, smoke detectors, and off-street parking are also included.

The property is located at 1103 Crescent Avenue in Fort Wayne, near Lakeside Park and a walking trail. Its setting places the building close to outdoor recreation and local amenities while retaining a four-unit layout suited to residential rental use.

Key Highlights

  • Four‑unit property with four 1‑bedroom, 1‑bathroom units
  • 2,984 SF brick building constructed in 1900
  • Full unfinished basement with shared coin laundry

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods Plumbing 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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

421
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 rented property with basement laundry, separate electric meters, and original hardwood flooring throughout.
Where is this quadplex located?
The property is located at 1103 Crescent Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four‑unit property with four 1‑bedroom, 1‑bathroom units; 2,984 SF brick building constructed in 1900; Full unfinished basement with shared coin laundry
More about this property
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