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Historic 5-Unit Short-Term Rental
New
For Sale
$999,900

616 W Superior Street, Fort Wayne, IN 46802

MULTI_FAMILY - Fort Wayne, IN

Property Size11,691 SF
Lot Size0.47 Acres
Price / SF$85.53
Days on Market3

Property Features for 616 W Superior Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 1, Bathroom 5, Bedroom 10, Bathroom 7, Bedroom 7, Bedroom 4, Bedroom 9, Bedroom 2, Bathroom 4, Bedroom 6, Bathroom 6, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2, Basement, Bedroom 5, Bedroom 8
Parking 15
Lot features Level, Historic Designation, Flood Plain
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 Enter into mapping app
Subdivision Allen County
Standard status Active
APN 02-12-02-304-009.000-074
Size 11,691 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOTS 2 & 3 & W 35' LOT 1 MCCULLOCHS HOMESTEAD ADDITION
Tax Annual Amount 2500
Legal Description LOTS 2 & 3 & W 35' LOT 1 MCCULLOCHS HOMESTEAD ADDITION

Utilities

Cooling system Central Air

Building Details

Year built 1843
Floors in Building 3
Number of units 5
Flooring type Tile, Tile - Ceramic, Carpet, Wood
Architectural style Other
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman · License #RB19001056
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 20 at 1:06AM
MLS# 202633744

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 Greek Revival property at 616 W Superior Street contains 11,691 square feet on a 0.47-acre site. Constructed in 1843, the building has undergone extensive modern updates while retaining its historic character. The current configuration includes five independent units and 13 bedrooms, with a mix of two three-bedroom, two-bath units; one three-bedroom, one-bath unit; and two two-bedroom, one-bath units. Central air, carpet, ceramic tile, and wood flooring are among the existing improvements, and on-site parking serves residents and guests.

The property sits at the downtown edge of Fort Wayne, immediately adjacent to the Riverfront development and Promenade Park. The Wells Street Corridor is within walking distance, with dining, boutique shopping, and nightlife nearby. The building is currently operating as a short-term rental property, with furniture available as part of a strong offer.

Key Highlights

  • 11,691 square feet on 0.47 acres at 616 W Superior Street
  • Five independent units with 13 total bedrooms
  • Unit mix includes two 3‑bedroom/2‑bath, one 3‑bedroom/1‑bath, and two 2‑bedroom/1‑bath units

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Pharmacy Electrical Service Building Supply HVAC Service

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,023
Businesses Nearby

Demographics for 46802, IN

10,664
Population
5,831
Households
1.8
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
2,539
Density / Sq Mi
$40,903
Median Household Income
$32,172
Median Earnings
$880
Median Rent
$131,600
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?
Short term rental property - Updated Greek Revival property with on-site parking and five independent units.
Where is this short term rental property located?
The property is located at 616 W Superior Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 11,691 square feet on 0.47 acres at 616 W Superior Street; Five independent units with 13 total bedrooms; Unit mix includes two 3‑bedroom/2‑bath, one 3‑bedroom/1‑bath, and two 2‑bedroom/1‑bath units
More about this property
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