Search
Fully Rented 4-Unit Quadplex
For Sale
$250,000

708 Columbia Avenue, Fort Wayne, IN 46805

MULTI_FAMILY - Fort Wayne, IN

Property Size2,660 SF
Lot Size0.16 Acres
Price / SF$93.98
Days on Market59

Property Features for 708 Columbia Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Basement, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3
Parking 4
Parking features Garage, Off Street
Fireplace 1
Subdivision Lakeside Park
Lot features City/ Town/ Suburb, Near Walking Trail, Historic District, Level, Historic Designation, Planned Unit Development
Elementary school Forest Park
Middle school Lakeside
High school North Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions E Main St left on St Joseph Blvd, take "Y" to right onto Columbia Ave. House is immediately on the right
Standard status Active
APN 02-12-01-157-004.000-074
Size 2,660 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LAKESIDE PARK ADD LOT 7
Tax Annual Amount 2400
Legal Description LAKESIDE PARK ADD LOT 7

Building Details

Year built 1890
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet, Wood, Tile
Roof type Asphalt
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Kathy Hutchins · License #RB20001874
Added: Jun 15 Changed: Aug 4 Last Checked: Aug 12 at 2:06AM
MLS# 202623519

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 fully rented 4-unit quadplex includes three one-bedroom, one-bath apartment units and one efficiency unit, creating a mixed residential rental setup. Tenant-paid electricity is supported by separate electric meters for each unit, helping streamline utility responsibility. The property includes a basement and features a fireplace, with interior finishes including wood, carpet, tile, and vinyl flooring.

Set on a 0.16-acre lot at 708 Columbia Avenue in Fort Wayne’s historical district, the quadplex is described as just steps from Lakeside Park and within walking and biking distance of downtown attractions, local shops, restaurants, and community events.

Constructed in 1890, the building has an asphalt roof. Off-street parking and garage parking are listed, supporting day-to-day tenant convenience. Professional property management is in place.

Key Highlights

  • Fully rented 4‑unit quadplex
  • Three one‑bedroom units plus one efficiency unit
  • Separate electric meters for each unit, tenants pay electricity

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,933
Businesses Nearby

Demographics for 46805, IN

21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Three one-bedroom units and one efficiency unit with separate electric meters for tenant-paid electricity.
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; Three one‑bedroom units plus one efficiency unit; Separate electric meters for each unit, tenants pay electricity
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message