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Leased Multifamily Property
For Sale
$119,000

4503 Standish Dr, Fort Wayne, IN 46806

The property is currently leased and supported by established management arrangements.

Property Size1,172 SF
Price / SF$101.54
Days on Market42

Property Features for 4503 Standish Dr

General Information

Standard status Active
Size 1,172 SF
Property subtype Multi-Family

Additional Details

Gross Income $13,560

Building Details

Year Built 1950
Listing Agency: Steffen Group
Listed By: Isaac Stoller · License #RB14048493
Source: Callcriswell
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 8:21PM

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 Steffen Group

Investment Insights

Based on property information with market context.

This multifamily property in Fort Wayne, Indiana, offers 1,172 square feet of existing improvements and was constructed in 1950. The asset is currently leased, with property management already arranged for ongoing oversight.

The property is located at 4503 Standish Dr in Fort Wayne, within ZIP code 46806. The sale is offered in its present as-is condition, providing a straightforward opportunity to acquire an existing leased multifamily asset.

Key Highlights

  • 1,172‑square‑foot multifamily property
  • Currently leased
  • Property management already in place

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Kitchen & Bath Showroom Skin Care Clinic Bakery

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

167
Businesses Nearby

Demographics for 46806, IN

26,083
Population
10,282
Households
2.5
Avg Household Size
29
Median Age
9%
College-Educated
73%
High-School Grad
8.3 sq mi
ZIP Area
3,143
Density / Sq Mi
$44,601
Median Household Income
$31,472
Median Earnings
$924
Median Rent
$78,000
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?
Multifamily property - The property is currently leased and supported by established management arrangements.
Where is this multifamily property located?
The property is located at 4503 Standish Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 1,172‑square‑foot multifamily property; Currently leased; Property management already in place
More about this property
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