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Leased Residential Income Property
For Sale
$119,000

4503 Standish Drive, Fort Wayne, IN 46806

MULTI_FAMILY - Fort Wayne, IN

Property Size1,172 SF
Lot Size0.14 Acres
Price / SF$101.54
Days on Market108

Property Features for 4503 Standish Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1
Parking 1
Fencing Chain Link
Subdivision Anthony Wayne Village
Lot features Level
Elementary school Southwick
Middle school Paul Harding
High school New Haven
Elementary school district East Allen County
Middle school district East Allen County
High school district East Allen County
Directions From S Anthony Blvd go East on E Pettit Ave to Standish Dr North on Standish home is on the right.
Standard status Active
APN 02-13-19-179-003.000-070
Size 1,172 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description ANTHONY WAYNE VILLAGE LOT 189
Tax Annual Amount 720
Legal Description ANTHONY WAYNE VILLAGE LOT 189

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Flooring type Vinyl
Architectural style Other
Listing Agency: Steffen Group
Listed By: Isaac Stoller · License #RB14048493
Added: May 1 Changed: Aug 3 Last Checked: Aug 16 at 2:06PM
MLS# 202616101

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 residential income property is a single-family home positioned on a 0.144-acre lot and containing 1,172 square feet. The property is being sold as-is, with management already in place and the home currently leased.

The address is 4503 Standish Drive in Fort Wayne, Indiana 46806, in Allen County. The listing information does not provide additional details on unit configuration, interior condition, or improvements beyond the stated overall property size.

For buyers seeking a straightforward, managed hold, this offering provides an existing lease and property management at the time of sale. The current lease is listed at $1,130 per month, and the property will be conveyed in as-is condition, which may make it suitable for investors comfortable underwriting based on the current rental setup rather than assuming additional upgrades will be completed by the seller.

Key Highlights

  • Currently leased for $1,130/month with property management in place
  • Sold as‑is
  • Year built: 1950

Property Analytics

Current Use

Single family 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Single-family income property offered as-is with a current tenant and property management in place.
Where is this single family property located?
The property is located at 4503 Standish Drive 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: Currently leased for $1,130/month with property management in place; Sold as‑is; Year built: 1950
More about this property
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