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8-Unit Apartment Building
New
For Sale
$599,900

609 Fry Street, Fort Wayne, IN 46808

INVESTMENT, Three Story, Fort Wayne, IN

Property Size6,456 SF
Lot Size0.16 Acres
Price / SF$92.92
Days on Market3

Property Features for 609 Fry Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 2, Bathroom 8, Bedroom 3, Bathroom 6, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 6, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 2, Bedroom 9, Basement, Bedroom 10, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1
Parking 3
Parking features Off Street
Fireplace 1
Basement Concrete
Subdivision Fry(s)
Lot features City/ Town/ Suburb, Corner
Elementary school Washington
Middle school Portage
High school Wayne
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions NW Corner of W Main and Fry St, just west of the St Mary's River
Standard status Active
APN 02-12-03-335-017.000-074
Size 6,456 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 120' Lot 36 & S 120' of E 11' Lot 37 Frys Addition
Tax Annual Amount 10000
Legal Description S 120' Lot 36 & S 120' of E 11' Lot 37 Frys Addition

Amenities

central laundry
shared enclosed porch
open deck

Building Details

Year built 1910
Floors in Building 3
Number of units 8
Flooring type Laminate, Carpet, Wood, Vinyl
Roof type Flat, Shingle, Asphalt
Architectural style Other
Listing Agency: Mike Thomas Assoc., Inc
Listed By: Justin Walborn · License #RB14039293
Added: Oct 2 Last Checked: Oct 4 at 3:06AM
MLS# 202640983

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 8-unit apartment building contains seven one-bedroom apartments and a larger three-bedroom unit occupying the third floor. Each apartment has one bathroom, a refrigerator, and a stove. A detached 22x26 garage provides storage, while shared amenities include coin-operated laundry, an enclosed porch, and an open deck. The building uses hot-water radiant heat from a basement boiler. Windows were replaced in 2017, a new gas line was installed to the boiler in 2022, and the roof was replaced in 2024. Laundry equipment includes a dryer installed in 2022 and a washing machine installed in November 2025.

At the corner of W Main Street in downtown Fort Wayne, the property is within walking distance of several restaurants. The Rivergreenway trail, parks, Parkview Field, and Lutheran Hospital are also identified nearby. The owner pays the utilities.

Key Highlights

  • Eight apartments: seven one‑bedroom units and one three‑bedroom unit
  • Detached 22x26 garage and storage building
  • Each apartment has one bathroom, a refrigerator, and a stove

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Garden Center (Bike/Boat/Book/etc) Store Accounting Firm

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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Residents share coin-operated laundry, enclosed porch space, and an open deck.
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; Detached 22x26 garage and storage building; Each apartment has one bathroom, a refrigerator, and a stove
More about this property
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