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One-Story Duplex with Attached Garage
For Sale
$219,900
Pending

4911-4913 Lake Avenue, Fort Wayne, IN 46815

MULTI_FAMILY - Fort Wayne, IN

Property Size1,950 SF
Lot Size0.44 Acres
Days on Market100

Property Features for 4911-4913 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Subdivision Lakehurst
Lot features Level
Elementary school New Haven
Middle school New Haven
High school New Haven
Elementary school district East Allen County
Middle school district East Allen County
High school district East Allen County
Directions GPS Directions are accurate.
Standard status Pending
APN 02-13-04-103-007.000-070
Size 1,950 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 5452
Tax Description 2-4-1-076 LAKEHURST ADD SEC A LOT 1 W15FT LOT 2
Tax Annual Amount 600
Legal Description 2-4-1-076 LAKEHURST ADD SEC A LOT 1 W15FT LOT 2

Utilities

Cooling system Wall Unit(s)

Amenities

covered patio areas

Building Details

Year built 1965
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Architectural style Other
Listing Agency: JM Realty Associates, Inc.
Listed By: Jerry Starks · License #RB14038134
Added: May 4 Changed: Aug 2 Last Checked: Aug 11 at 9:06PM
MLS# 202616451

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.

Well-maintained one-story duplex with both units occupied on month-to-month leases. The front unit offers 2 bedrooms and 2 full baths with vaulted ceilings and a spacious great room. The rear unit provides 1 bedroom and 1 bath with an open-concept layout, with separate living spaces across the duplex. Flooring includes carpet and vinyl, and cooling is provided by wall units. The property includes an attached garage, off-street parking, and covered patio areas. Tenants pay electric, while the owner covers water, sewer, and trash.

Built in 1965, the duplex sits on a 0.439-acre lot. The building totals 1,950 square feet.

The separate unit layouts can suit investors seeking immediate occupancy or owner-occupants who want additional rental income while living in one side.

Key Highlights

  • Both units occupied on month‑to‑month leases
  • Front unit: 2 bedrooms, 2 full baths, vaulted ceilings, great room
  • Rear unit: 1 bedroom, 1 bath with open‑concept layout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant HVAC Service Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,933
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained one-story duplex on a 0.439-acre lot with both units occupied on month-to-month leases.
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: Both units occupied on month‑to‑month leases; Front unit: 2 bedrooms, 2 full baths, vaulted ceilings, great room; Rear unit: 1 bedroom, 1 bath with open‑concept layout
More about this property
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