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Occupied Quadplex
For Sale
$165,000
Pending

1416 North Harrison Street, Fort Wayne, IN 46808

Four leased apartments offer one bedroom, one bath, off-street parking, and basement storage.

Property Size1,560 SF
Days on Market224

Property Features for 1416 North Harrison Street

General Information

Standard status Pending
Size 1,560 SF
Property subtype Multi Family / Fourplex
Occupancy 100%
Lease Term 1 Year

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Amenities

2
Yes
Laminate
4
Gas, Forced Air
Full Basement, Unfinished
1
No
Wood
Off Street Parking

Building Details

Year Built 1900
Units 4
Listing Agency: Tree City Realty
Listed By: David Budd · License #RB14050415
Source: Compass
Added: Mar 10 Changed: Oct 10 Last Checked: Oct 16 at 11:25AM

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 Tree City Realty

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Investment Insights

Based on property information with market context.

Located at 1416 North Harrison Street in Fort Wayne, this quadplex contains four one-bedroom, one-bath units. All four residences are currently occupied. The property includes laminate flooring, gas forced-air heating, an unfinished full basement, and off-street parking. The exterior is wood construction, and the building dates to 1900.

The property sits less than half a mile north of Promenade Park and near planned river improvement projects. Its four-unit configuration and consistent one-bedroom, one-bath layout provide a straightforward multifamily format.

Key Highlights

  • Four 1‑bedroom, 1‑bath units; all 4 are currently occupied
  • Less than half a mile north of Promenade Park
  • Near upcoming river improvement projects

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Catering 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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
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?
Quadplex - Four leased apartments offer one bedroom, one bath, off-street parking, and basement storage.
Where is this quadplex located?
The property is located at 1416 North Harrison Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units; all 4 are currently occupied; Less than half a mile north of Promenade Park; Near upcoming river improvement projects
More about this property
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