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Six-Unit Apartment Building
For Sale
$499,000
Pending

4013 S Wayne Ave, Fort Wayne, IN 46807

Six-unit property with separately metered electric and full bathrooms throughout, plus a mix of leased, short-term rental, and storage use.

Property Size3,406 SF
Days on Market40

Property Features for 4013 S Wayne Ave

General Information

Standard status Pending
Size 3,406 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs renovation

Additional Details

Multifamily Units 6

Building Details

Year Built 1930
Listing Agency: Orizon Real Estate, Inc.
Listed By: Caleb Hunter · License #RB22001634
Source: Callcriswell
Added: Jul 24 Changed: Aug 31 Last Checked: Aug 31 at 7:15PM

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 Orizon Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1930, this six-unit apartment property contains 3,406 square feet. Each unit has a full bathroom and separately metered electric service. The current configuration includes two units leased on a month-to-month basis, three units operated as Airbnb rentals, and one unit used for storage that requires renovation.

The property is next door to Antonuccio's Italian Market and steps from the Friendly Fox restaurant, placing the building alongside established commercial destinations on S Wayne Ave in Fort Wayne, Indiana.

Key Highlights

  • Six‑unit apartment property totaling 3,406 square feet
  • Built in 1930
  • All six units include a full bathroom and separately metered electric

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Grocery & Convenience Store HVAC 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

300
Businesses Nearby

Demographics for 46807, IN

16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
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 - Six-unit property with separately metered electric and full bathrooms throughout, plus a mix of leased, short-term rental, and storage use.
Where is this apartment building located?
The property is located at 4013 S Wayne Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 3,406 square feet; Built in 1930; All six units include a full bathroom and separately metered electric
More about this property
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