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6-Unit Apartment Building
For Sale
$320,000

1930 Lafayette Street, Fort Wayne, IN 46803

Five apartments are occupied, with the remaining unit ready for leasing and current management already in place.

Property Size3,592 SF
Price / SF$89.09
Days on Market307

Property Features for 1930 Lafayette Street

General Information

Standard status Active
Size 3,592 SF
Property subtype Multi Family / Sixplex
Lease Term 1 Year, Month to Month

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $5,494

Amenities

2
Yes
Vinyl
6
Forced Air
1
Full Basement
4
No
Basement
Outbuilding

Building Details

Year Built 1900
Units 6
Listing Agency: Mike Thomas Associates, Inc.
Listed By: Trevor Wright · License #RB19000779
Source: Compass
Added: Oct 29, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:44AM

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 Mike Thomas Associates, Inc.

Investment Insights

Based on property information with market context.

This six-unit apartment property contains 3,592 square feet and was built in 1900. The building has vinyl exterior siding, forced-air heating, a full basement, and an outbuilding. Five units are currently rented, while the sixth is ready to be leased. Existing management is in place, with the option for a new manager to assume responsibility.

The property is located at 1930 Lafayette Street in Fort Wayne, close to downtown. Showing requests require 48 hours’ notice.

Key Highlights

  • Six‑unit apartment property with 3,592 square feet
  • Five units currently rented; one unit ready for leasing
  • Current management in place with transition option

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Storage Facility 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

934
Businesses Nearby

Demographics for 46803, IN

9,686
Population
4,634
Households
2.1
Avg Household Size
30
Median Age
9%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
1,291
Density / Sq Mi
$31,797
Median Household Income
$25,248
Median Earnings
$878
Median Rent
$78,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments are occupied, with the remaining unit ready for leasing and current management already in place.
Where is this apartment building located?
The property is located at 1930 Lafayette 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: Six‑unit apartment property with 3,592 square feet; Five units currently rented; one unit ready for leasing; Current management in place with transition option
More about this property
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