Six-Unit Apartment
For Sale
$510,000
4013 South Wayne Avenue, Fort Wayne, IN 46807
Separately metered units offer full bathrooms and a mix of established residential and short-term rental uses.
Property Size3,406 SF
Price / SF$149.74
Days on Market448
Property Features for 4013 South Wayne Avenue
General Information
Standard status
Active
Size
3,406 SF
Property subtype
Multi Family / Sixplex
Property Condition
Severity
Repairs Needed
Evidence
needs renovation
Additional Details
Utilities to Site
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$6,029
Amenities
2
Yes
Carpet, Laminate, Mixed, Vinyl
6
Electricity
4
3
1
Full Basement, Outside Entrance Only, Unfinished
5
No
Vinyl
Basement, Storage, Detector-Smoke, Porch Covered, Water Heater Gas
Outbuilding
Building Details
Year Built
1930
Buildings
2
Units
6
Listing Agency:
Orizon Real Estate, Inc.
(260) 248-8961
Listed By:
Caleb Hunter · License #RB22001634
(260) 248-8961
Source:
Compass
Added: Jun 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:36PM
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 3,406-square-foot apartment property contains six units, each with a full bathroom and separately metered electric service. Current operations include two month-to-month leases and three units functioning as Airbnbs. The remaining unit is used for storage and requires renovation, creating a clearly defined improvement component within the existing layout.
The property includes a full basement with outside access, covered porch space, an outbuilding, and additional storage. It is next to Antonuccio's Italian Market and located steps from the Friendly Fox restaurant at 4013 South Wayne Avenue in Fort Wayne, Indiana. The combination of established occupancy, short-term rental use, separate electric metering, and varied unit condition provides a detailed operating profile for apartment buyers evaluating the asset.
The property includes a full basement with outside access, covered porch space, an outbuilding, and additional storage. It is next to Antonuccio's Italian Market and located steps from the Friendly Fox restaurant at 4013 South Wayne Avenue in Fort Wayne, Indiana. The combination of established occupancy, short-term rental use, separate electric metering, and varied unit condition provides a detailed operating profile for apartment buyers evaluating the asset.
Key Highlights
- Six‑unit apartment property totaling 3,406 SF
- Each of the 6 units has a full bathroom and separately metered electric
- 2 units are leased month‑to‑month
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Separately metered units offer full bathrooms and a mix of established residential and short-term rental uses.
Where is this apartment building located?
The property is located at 4013 South Wayne Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 3,406 SF; Each of the 6 units has a full bathroom and separately metered electric; 2 units are leased month‑to‑month
