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Five-Unit Apartment Building
For Sale
$240,000

1512 Taylor St, Fort Wayne, IN 46802

Apartment property with one occupied unit, one renovated unit, and three units positioned for renovation.

Property Size2,433 SF
Price / SF$98.64
Days on Market12

Property Features for 1512 Taylor St

General Information

Standard status Active
Size 2,433 SF
Property subtype Residential Income

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $4,838
Listing Agency: AG Rentals & Management LLC
Listed By: Neftali Guevara
Source: Exprealty
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 10:01PM

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 AG Rentals & Management LLC

Investment Insights

Based on property information with market context.

Located at 1512 Taylor St in Fort Wayne, IN, this apartment building contains five units within approximately 2,433 square feet. The current configuration includes one rented unit and a second unit that has already been renovated.

Three additional units are ready for renovation, giving the property a defined improvement scope for a new owner. The building’s unit count and mix of existing occupancy, completed renovation, and unfinished units provide a clear basis for evaluating the asset.

Key Highlights

  • Five‑unit apartment building
  • Approximately 2,433 square feet
  • One unit currently rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Pharmacy Auto Parts Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 46802, IN

10,664
Population
5,831
Households
1.8
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
2,539
Density / Sq Mi
$40,903
Median Household Income
$32,172
Median Earnings
$880
Median Rent
$131,600
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?
Apartment building - Apartment property with one occupied unit, one renovated unit, and three units positioned for renovation.
Where is this apartment building located?
The property is located at 1512 Taylor St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Five‑unit apartment building; Approximately 2,433 square feet; One unit currently rented
More about this property
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