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Six-Unit Income Property

4013 S Wayne Avenue Fort Wayne, IN 46807

4013 S Wayne Avenue, Fort Wayne, IN, 46807
$499,000
For Sale
Claim this Listing
$499,000

MULTI_FAMILY - Fort Wayne, IN

Property Size3,406 SF
Lot Size0.12 Acres
Price / SF$146.51
AddedOct 15, 2025
Days on Market274
Last RefreshJul 15 at 4:06 am

Property Features for 4013 S Wayne Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bedroom 4
Parking
1
Fireplace
1
Standard status
Active
APN
02-12-14-380-006.000-074
Size
3,406 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 136 FAIRFIELD HEIGHTS ADDITION
Tax Annual Amount
3000

Building Details

Year built
1930
Floors in Building
2
Number of units
6
Flooring type
Carpet, Vinyl, Laminate, Mixed
Architectural style
Other

Listing agent Caleb Hunter License #RB22001634

Listing office Orizon Real Estate, Inc. 518 Garland Ave., Columbia City, IN

Listing date Oct 15, 2025

MLS# 202541766

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 six-unit investment property is configured as four to six distinct rental-ready units, with all six units having separately metered electric service and a full bathroom. Two units are currently leased on a month-to-month basis at $1,500 per month, while three units operate as short-term rentals. The sixth unit is currently used for storage and requires renovation.

The property is located at 4013 S Wayne Avenue in Fort Wayne, Indiana 46807. It sits next door to Antonuccio’s Italian Market and is steps away from the Friendly Fox restaurant, placing it in close proximity to neighborhood dining and activity.

For buyers or operators seeking a small multi-family asset with both monthly tenancy and short-term rental components, the property’s independently metered setup can help simplify unit-level utilities. The unit used as storage provides an additional opportunity to bring the full six-unit offering back into rental service, though it will need renovation. Overall, the mix of month-to-month leasing and short-term operation, combined with each unit’s dedicated electrical metering and private bathroom, supports a flexible approach to operating and maximizing the property’s residential income use.

Key Highlights

  • Six‑unit investment or commercial property built in 1930
  • 2 units leased month‑to‑month at $1,500/month and 3 units operate as Airbnbs
  • All 6 units have independently metered electric service and include a full bathroom

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Food Market Grocery & Convenience Store Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six independently metered units with private bathrooms, offering a mix of leased and short-term rental use.
Where is this apartment building located?
The property is located at 4013 S Wayne Avenue 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 investment or commercial property built in 1930; 2 units leased month‑to‑month at $1,500/month and 3 units operate as Airbnbs; All 6 units have independently metered electric service and include a full bathroom
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