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Corner Apartment Building with Commercial Spaces
For Sale
$320,000

1836 S Calhoun Street, Fort Wayne, IN 46802

COMMERCIAL - Fort Wayne, IN

Property SizeContact for details
Lot Size0.17 Acres
Days on Market92

Property Features for 1836 S Calhoun Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Subdivision Johnson(s)
Lot features City, Industrial, Near Walking Trail
Directions From Downtown W Jefferson/Calhoun, South on Calhoun 1/2 mile to Subject on Right
Standard status Active
APN 02-12-11-257-015.000-074
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 1 JOHNSONS ADD
Tax Annual Amount 2979
Legal Description LOT 1 JOHNSONS ADD

Utilities

Cooling system Multi Units, Central Air

Building Details

Year built 1940
Flooring type Tile
Roof type Rubber
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Joel Griebel · License #RB14045397
Added: May 27 Changed: Aug 4 Last Checked: Aug 26 at 8:06AM
MLS# 202620150

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Corner apartment building with industrial zoning that combines six above apartments with commercial space. The building has multiple entrances to a large shared hallway connecting the apartments, highlighted by a large skylight. The apartment mix includes four efficiency apartments, one 1-bedroom, and one 2-bedroom, with some units nearly tenant ready and others needing finish work, along with TLC throughout.

The commercial portion includes display windows along much of the exterior. It is currently opened up as one space, with the option to convert back to three commercial spaces with separate entrances. The property includes a basement, tile flooring, central air for multi units, off-street parking, and a rubber roof. Some rehab work has already been completed upstairs.

Constructed in 1940, this is being sold as-is.

Key Highlights

  • 0.17‑acre corner apartment building with industrial zoning
  • Six above apartments: four efficiency, one 1‑bedroom, one 2‑bedroom
  • Large shared hallway with a skylight and multiple entrances

Property Analytics

Current Use

NEAT NEAT NEAT ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Building Supply Storage Facility Auto Parts Store Electrical 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,062
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner property with industrial zoning offering six apartments and street-level retail space with display windows.
Where is this apartment building located?
The property is located at 1836 S Calhoun Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 0.17‑acre corner apartment building with industrial zoning; Six above apartments: four efficiency, one 1‑bedroom, one 2‑bedroom; Large shared hallway with a skylight and multiple entrances
More about this property
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