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Multifamily Property with Vacant Lot
For Sale
$300,000

2440 Bowser Avenue, Fort Wayne, IN 46803

COMMERCIAL, Fort Wayne, IN

Property Size27,000 SF
Lot Size0.69 Acres
Price / SF$11.11
Days on Market152

Property Features for 2440 Bowser Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Directions E on Pontiac to Bowser. Left on Bowser, property on Left just before Renaissance YMCA
Subdivision Allen County
Standard status Active
APN 02-12-12-458-014.000-074
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 26 FT LOT 29 All LOTS 32, 33, 36 | |
Tax Annual Amount 2400
Legal Description S 26 FT LOT 29 All LOTS 32, 33, 36 | |

Utilities

Cooling system Central Air

Building Details

Year built 1920
Flooring type Concrete, Tile
Roof type Shingle, Asphalt, Rubber
Listing Agency: Open Door Rentals and Real Est
Listed By: Shelby VonDerau · License #RB25000304
Added: Apr 4 Changed: Sep 2 Last Checked: Sep 2 at 5:06PM
MLS# 202611508

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.

This multifamily property includes numerous rooms, multiple kitchen areas, and half-bath plumbing in many of the rooms. Apartment-style living quarters are located at both ends of the building, and a basement is included. Existing finishes include concrete and tile flooring, with central air conditioning. The property requires renovation and is offered as-is.

The offering includes the building and a 0.69-acre vacant lot. A rear parking area provides at least 18 off-street spaces. Built in 1920, the structure has asphalt, rubber, and shingle roofing components. The property is located at 2440 Bowser Avenue in Fort Wayne, Indiana.

Key Highlights

  • Nearly 27,000 square feet of building space
  • 0.69‑acre vacant lot included with the property
  • At least 18 off‑street parking spaces behind the building

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

418
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The building includes numerous rooms, multiple kitchen areas, and half-bath plumbing in many rooms.
Where is this multifamily property located?
The property is located at 2440 Bowser Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Nearly 27,000 square feet of building space; 0.69‑acre vacant lot included with the property; At least 18 off‑street parking spaces behind the building
More about this property
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