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Four-Plex Investment Property
For Sale
$421,087

1104 W Wayne Street, Fort Wayne, IN 46802

MULTI_FAMILY - Fort Wayne, IN

Property Size2,600 SF
Lot Size0.13 Acres
Price / SF$161.96
Days on Market88

Property Features for 1104 W Wayne Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Basement, Bathroom 5, Bathroom 2, Bedroom 4
Fireplace 1
Subdivision Rock Hill(s) / Rockhill(s)
Lot features Corner, Level
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 West on Washington, Right on College, Right on Wayne. Home on right.
Standard status Active
APN 02-12-03-486-014.000-074
Size 2,600 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ROCKHILLS ADDITIONLOT 210 EX N 40'
Tax Annual Amount 3822
Legal Description ROCKHILLS ADDITIONLOT 210 EX N 40'

Utilities

Cooling system Central Air

Building Details

Year built 1930
Floors in Building 2
Number of units 4
Flooring type Tile, Wood
Architectural style Other
Listing Agency: Remax Integrity · RE/MAX International
Listed By: Pamela Waller · License #RB14031834
Added: Jun 4 Changed: Aug 18 Last Checked: Aug 30 at 4:06AM
MLS# 202621889

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.

Four-plex investment property built in 1930 featuring three 1-bedroom apartments and one 2-bedroom apartment. The building includes a basement and a fireplace. Interior finishes include tile and wood flooring. Central air provides cooling throughout the property.

Recent exterior and major system improvements include a newly painted exterior and a new roof along with a new A/C unit installed in 2024. The site covers 0.13 acres and has a total property size of 2,600 square feet.

The property may be purchased individually or as part of a portfolio package that includes three additional investment properties.

Key Highlights

  • Three 1‑bedroom units plus one 2‑bedroom unit in a four‑plex
  • New roof and new A/C unit installed in 2024
  • Newly painted exterior

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Daycare Center Pharmacy Florist Pet Grooming 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

Location Intelligence

Trade Area within ½ mile

1,118
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-plex with three 1-bedroom units and one 2-bedroom unit, plus central air and flooring featuring tile and wood.
Where is this quadplex located?
The property is located at 1104 W Wayne Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $421,087.
What are key features of this property?
This property features: Three 1‑bedroom units plus one 2‑bedroom unit in a four‑plex; New roof and new A/C unit installed in 2024; Newly painted exterior
More about this property
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