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Fully Rented Quadplex Investment

708 Columbia Avenue Fort Wayne, IN 46805

708 Columbia Avenue, Fort Wayne, IN, 46805
$250,000
For Sale
$250,000

Fully rented quadplex with three one-bedroom apartments and one efficiency unit, each with separate electric meters.

Property Size2,660 SF
Price / SF$93.98
Days on Market69

Property Features for 708 Columbia Avenue

General Information

Standard status
Active
Size
2,660 SF
Property subtype
Multi Family / Fourplex

Building Details

Year Built
1890
Listing agency CENTURY 21 Bradley Realty, Inc
Listed by Kathy Hutchins · License #RB20001874
Source Compass
Added: May 15 Updated: Jul 21 at 10:54PM Checked: Jul 21 at 10:54PM

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 CENTURY 21 Bradley Realty, Inc


Investment Insights

Based on property information with market context.

This fully rented quadplex includes four units: three one-bedroom, one-bath apartments and one efficiency unit. Tenants pay for electricity individually, supported by separate electric meters for each unit. Professional property management is already in place.

The property is located just steps from Lakeside Park and within walking and biking distance of downtown attractions, local shops, restaurants, and community events.

Configured as a four-unit residential income property, the layout provides a mix of one-bedroom units plus an efficiency apartment, creating a diversified rental offering under current occupancy.

Key Highlights

  • Fully rented 4‑unit quadplex with 3 one‑bedroom units and 1 efficiency unit
  • Separate electric meters for each unit; tenants pay electricity individually
  • Gas forced‑air heating; gas water heater

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully rented quadplex with three one-bedroom apartments and one efficiency unit, each with separate electric meters.
Where is this quadplex located?
The property is located at 708 Columbia Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully rented 4‑unit quadplex with 3 one‑bedroom units and 1 efficiency unit; Separate electric meters for each unit; tenants pay electricity individually; Gas forced‑air heating; gas water heater
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