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    3704 Chestnut St Fort Wayne, IN 46803

    For Sale
    $678,000

    Residential rental portfolio in Fort Wayne, Indiana, on 3.23 acres.

    Lot size:
    3.62 Acres

    Property Features for 3704 Chestnut St

    General Information

    Lot size
    3.62 Acres

    Source: Xplor Commercial Real Estate Agent Nick Gordon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Wayne Residential Rental Portfolio

    This residential rental portfolio opportunity is located in Fort Wayne, Indiana. The investment includes 5 income-producing single-family homes situated within a quiet neighborhood on 3.23 acres of land. The property offers rental potential and the opportunity to add more dwellings on parcels with existing curb-cuts. New roads and sidewalks have recently been installed by the city. The location is equidistant between Downtown Fort Wayne and New Haven, with direct proximity to major employers. This opportunity is suited for investors seeking an income stream with Section 8 potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Hair Salon Clothing Store Gym & Fitness Building Supply Skin Care Clinic Accounting Firm Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0906208
    Latitude
    41.0696902

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    FAQs

    What type of property is this?
    Single family property - Residential rental portfolio in Fort Wayne, Indiana, on 3.23 acres.
    Where is this single family property located?
    The property is located at 3704 Chestnut St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $678,000.
    What are key features of this property?
    This property features: - Portfolio of 5 income-producing single-family homes.; - Expansive 3.23-acre property with potential to add more dwellings.; - Located equidistant between Downtown Fort Wayne and New Haven.
    (260) 487-3691
    Request Owner's contact information
    3704 Chestnut St Fort Wayne, IN 46803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3704 Chestnut St Fort Wayne, IN 46803
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