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Multifamily Property with Bank Barn
For Sale
$649,900

14034 Lima Road, Fort Wayne, IN 46845

Residential property with a mobile home, recreational storage options, pond, and wooded surroundings.

Property Size4,585 SF
Lot Size5.00 Acres
Price / SF$141.74
Days on Market164

Property Features for 14034 Lima Road

General Information

Standard status Active
Size 4,585 SF
Lot size 5.00 Acres
Property subtype Multi Family / Fourplex

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Gross Income $72,000
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,800

Amenities

pond
bank barn
pavilion
storage
decks
Central Air
2
Yes
Carpet, Ceramic Tile, Laminate, Vinyl, Wood
6
Gas, Forced Air
3
1
Unfinished
4
9
5
No
Gravel
Metal, Other, Wood
Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Attic Storage, Deck Open, Deck on Waterfront, Garage Door Opener, Water Softener-Owned
Barn

Building Details

Year Built 1898
Units 4
Listing Agency: RE/MAX Results
Listed By: Andrea Zehr · License #RB14048386
Source: Compass
Added: Mar 20 Changed: Aug 29 Last Checked: Aug 29 at 4:59PM

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 Results

Investment Insights

Based on property information with market context.

This multifamily property at 14034 Lima Road includes a three-unit building and a mobile home across a 5-acre setting. The improvements also include a 2,800 sq ft bank barn, an 836 sq ft pavilion, storage areas, decks, off-street parking, and a pond with waterfront deck features. Interior features include central air and a mix of carpet, ceramic tile, laminate, vinyl, and wood flooring.

The property fronts Hwy 3 and is approximately 12 minutes from I-69, providing access toward Fort Wayne and the lakes. It is located within the NWAC school district and includes wooded surroundings, a walking trail connection, and recreational storage options for boats, trailers, and RVs. The property was built in 1898.

Key Highlights

  • 5‑acre multifamily property with a three‑unit building and mobile home
  • 2,800 sq ft bank barn included
  • 836 sq ft pavilion with pond and waterfront deck features

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Dental Office Hair Salon Restaurant

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 46845, IN

28,380
Population
10,709
Households
2.7
Avg Household Size
39
Median Age
53%
College-Educated
98%
High-School Grad
22.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$115,690
Median Household Income
$59,690
Median Earnings
$1,398
Median Rent
$314,000
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?
Multifamily property - Residential property with a mobile home, recreational storage options, pond, and wooded surroundings.
Where is this multifamily property located?
The property is located at 14034 Lima Road Fort Wayne, IN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 5‑acre multifamily property with a three‑unit building and mobile home; 2,800 sq ft bank barn included; 836 sq ft pavilion with pond and waterfront deck features
More about this property
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