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Furnished Two-Unit Short-Term Rental
New
For Sale
$210,000

1107 Crescent Avenue, Fort Wayne, IN 46805

Appliances and furnishings are included, and the property has operated as a short-term rental.

Property Size1,980 SF
Price / SF$106.06
Days on Market5

Property Features for 1107 Crescent Avenue

General Information

Standard status Active
Size 1,980 SF
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 95%

Additional Details

Utilities to Site Yes

Amenities

central air

Building Details

Year Built 1903
Tenancy Multi
Listing Agency: RE/MAX Realty One
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 8:05PM

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 RE/MAX Realty One

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Investment Insights

Based on property information with market context.

Configured as a two-unit short-term rental, the property includes the appliances and furnishings currently in place. It recorded 95% occupancy. Central air was installed in 2024, and the main portion of the house received new roof shingles in 2020. Three electric meters serve the property, and the oversized two-car garage can be divided or used to generate additional income.

Lakeside Park is steps away, with the River Greenway a block from the property. The home is within the Lakeside Historic District, listed on the National Register of Historic Places.

Key Highlights

  • Two‑unit short‑term rental with 95% occupancy
  • Appliances and furnishings remain in place
  • Central air installed in 2024

Property Analytics

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Lease Details

95%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Appliances and furnishings are included, and the property has operated as a short-term rental.
Where is this short term rental property located?
The property is located at 1107 Crescent Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit short‑term rental with 95% occupancy; Appliances and furnishings remain in place; Central air installed in 2024
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