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8-Unit Apartment Building with Garage
For Sale
$599,900

609 Fry Street, Fort Wayne, IN 46808

The unit mix includes one-bedroom apartments and a larger three-bedroom residence occupying the top floor.

Property Size6,456 SF
Price / SF$92.92
Days on Market34

Property Features for 609 Fry Street

General Information

Standard status Active
Size 6,456 SF
Property subtype Multi-Family

Site & Location

Neighborhood Nebraska
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 7 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 8

Amenities

central laundry
shared enclosed porch
open deck

Building Details

Year Built 1910
Listing Agency: Katie Slepsky, @Properties
Listed By: Carson and Lisa Lowry Real Estate
Source: Carsonlowryrealestate
Added: Oct 4 Changed: Nov 5 Last Checked: Nov 6 at 8:25AM

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 Katie Slepsky, @Properties

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Investment Insights

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This 8-unit apartment property includes seven one-bedroom apartments and a three-bedroom unit on the third floor. Each residence has one bathroom, a refrigerator and a stove. Shared amenities include coin-operated laundry, an enclosed porch and an upper-level open deck. A detached 22x26 garage and storage building is also on the property.

Building improvements include replacement windows installed in 2017, a new gas line to the boiler in 2022 and a roof replaced in 2024. The property uses basement boiler service with hot-water radiant heat through a single-pipe system. A dryer was added in 2022, and a washing machine was installed in November 2025.

The building is at the corner of W Main St. and Fry Street in downtown Fort Wayne. Several local eateries, the Rivergreenway trail, parks, Parkview Field and the new Lutheran Hospital are within the surrounding area.

Key Highlights

  • Eight apartments: seven one‑bedroom units and one three‑bedroom unit on the third floor
  • Detached 22x26 garage and storage building
  • Coin‑operated laundry; new dryer installed 2022 and washing machine installed NOV 2025

Property Analytics

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Lease Details

8
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Fort Wayne, IN

$98.71 Jul
$108 Aug
$108 Sep
$104 Oct

Properties on Market for Apartment buildings in Fort Wayne

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The unit mix includes one-bedroom apartments and a larger three-bedroom residence occupying the top floor.
Where is this apartment building located?
The property is located at 609 Fry Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Eight apartments: seven one‑bedroom units and one three‑bedroom unit on the third floor; Detached 22x26 garage and storage building; Coin‑operated laundry; new dryer installed 2022 and washing machine installed NOV 2025
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