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Leased Residential Income Property

4503 Standish Drive Fort Wayne, IN 46806

4503 Standish Drive, Fort Wayne, IN, 46806
$119,000
For Sale
$119,000

MULTI_FAMILY - Fort Wayne, IN

Property Size1,172 SF
Lot Size0.14 Acres
Price / SF$101.54
Days on Market78

Property Features for 4503 Standish Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Parking
1
Fencing
Chain Link
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

Building Details

Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Architectural style
Other
Listing Agency Steffen Group
215 E Market St, Bluffton, IN
Listed by Isaac Stoller · License #RB14048493
Added: May 1 Checked: Jul 17 at 11:06 am
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

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Kitchen & Bath Showroom Skin Care Clinic Bakery Spa & Massage Center Big Box & Wholesale Store Plumbing Service Computer & Electronic Repair

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

FAQs

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
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