Occupied Two-Unit
For Sale
$219,900
Pending
4911-4913 Lake Avenue, Fort Wayne, IN 46815
One-story duplex with separate living spaces and month-to-month occupancy.
Property Size1,950 SF
Days on Market120
Property Features for 4911-4913 Lake Avenue
General Information
Standard status
Pending
Size
1,950 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
attached garage
off-street parking
covered patio areas
Building Details
Building Size
1,950 SF
Year Built
1965
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
JM Realty Associates, Inc.
(260) 479-8161
Listed By:
Jerry Starks · License #RB14038134
(260) 479-8161
Source:
Aaronboone.kw
Added: May 4
Changed: Aug 30
Last Checked: Aug 31 at 12:41PM
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 JM Realty Associates, Inc.
Investment Insights
Based on property information with market context.
This one-story duplex contains 1,950 square feet with two distinct residences. The front residence has two bedrooms, two full bathrooms, vaulted ceilings, and a large great room. The rear residence includes one bedroom, one bathroom, and an open-concept arrangement. An attached garage, off-street parking, and covered patio areas serve the property. Built in 1965, the building is offered in as-is condition.
Both residences are occupied under month-to-month arrangements. Residents pay their own electric service, while the owner handles water, sewer, and trash. Separate entrances and living areas support the property’s two-unit layout for an investor or an owner seeking an on-site residence alongside another occupied unit.
Both residences are occupied under month-to-month arrangements. Residents pay their own electric service, while the owner handles water, sewer, and trash. Separate entrances and living areas support the property’s two-unit layout for an investor or an owner seeking an on-site residence alongside another occupied unit.
Key Highlights
- 1,950‑square‑foot one‑story duplex with two separate residences
- Front unit includes 2 bedrooms, 2 full baths, vaulted ceilings, and a great room
- Rear unit offers 1 bedroom, 1 bath, and an open‑concept layout
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 46815, IN
27,927
Population
11,060
Households
2.5
Avg Household Size
36
Median Age
32%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
2,879
Density / Sq Mi
$67,224
Median Household Income
$40,849
Median Earnings
$942
Median Rent
$186,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One-story duplex with separate living spaces and month-to-month occupancy.
Where is this duplex located?
The property is located at 4911-4913 Lake Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 1,950‑square‑foot one‑story duplex with two separate residences; Front unit includes 2 bedrooms, 2 full baths, vaulted ceilings, and a great room; Rear unit offers 1 bedroom, 1 bath, and an open‑concept layout
