32-Unit Apartment
For Sale
$1,490,000
700 W Wayne St, Paulding, OH 45879
Multifamily property in Paulding, Ohio, approximately 40 minutes from Fort Wayne.
Property SizeContact for details
Days on Market110
Property Features for 700 W Wayne St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
6.51%
Multifamily Units
32
Amenities
32-Unit Complex: 40 Minutes from Fort Wayne, Indiana (Indiana's fastest growing city)
Proforma 8.15 Percent Cap Rate and 11.5 Percent Cash-on Cash Return
Value-Add Opportunity to Renovate Unit Interiors
Listing Agency:
Indianapolis Office
(317) 218-5365
Listed By:
Teddy Kenny · License #License(s): IN: RB22001936
(317) 218-5365
Source:
Marcusmillichap
Added: May 14
Changed: Aug 29
Last Checked: Aug 29 at 8:32PM
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 Indianapolis Office
Investment Insights
Based on property information with market context.
This 32-unit apartment building is located at 700 W Wayne St in Paulding, Ohio. The property offers a multifamily configuration within the Paulding market, with regional access to Fort Wayne, approximately 40 minutes away.
Key Highlights
- 32‑unit apartment property
- 700 W Wayne St, Paulding, OH 45879
- Approximately 40 minutes from Fort Wayne
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 45879, OH
5,963
Population
3,047
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
103.4 sq mi
ZIP Area
58
Density / Sq Mi
$62,159
Median Household Income
$39,972
Median Earnings
$778
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in Paulding, Ohio, approximately 40 minutes from Fort Wayne.
Where is this apartment building located?
The property is located at 700 W Wayne St Paulding, OH.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 32‑unit apartment property; 700 W Wayne St, Paulding, OH 45879; Approximately 40 minutes from Fort Wayne
