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

4911-4913 Lake Avenue, Fort Wayne, IN 46815

INVESTMENT, One Story, Fort Wayne, IN

Property Size1,950 SF
Lot Size0.44 Acres
Days on Market123

Property Features for 4911-4913 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2
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

attached garage
off-street parking
covered patio areas

Building Details

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

This 1,950-square-foot duplex contains two separate residences within a single-level layout. The front unit has two bedrooms, two full bathrooms, vaulted ceilings, and a large great room. The rear unit includes one bedroom, one bathroom, and an open-concept living area. Vinyl and carpet flooring are installed throughout, with wall-unit cooling serving the property. An attached garage, off-street parking, and covered patio areas add practical site improvements.

Located at 4911-4913 Lake Avenue in Fort Wayne, the property sits on 0.439 acres and was built in 1965. Both residences are currently occupied on month-to-month leases. Tenants pay electric service, while ownership handles water, sewer, and trash. The property is offered as-is.

Key Highlights

  • Two‑unit duplex totaling 1,950 square feet
  • Front residence has 2 bedrooms, 2 full baths, vaulted ceilings, and a great room
  • Rear residence includes 1 bedroom, 1 bath, and an 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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

371
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 - Both units are occupied under 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: Two‑unit duplex totaling 1,950 square feet; Front residence has 2 bedrooms, 2 full baths, vaulted ceilings, and a great room; Rear residence includes 1 bedroom, 1 bath, and an open‑concept layout
More about this property
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