Listing Agency: Fort Wayne Real Estate a***@northeasterngrouprealty.com Show Phone

Listed By: Alyssa Schendel · License #RB18002221

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 4:34PM

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Investment Insights

Based on property information with market context.

This apartment property includes 15 units and 25 parking spaces, with all units updated in 2021. The improvements provide a current physical baseline for an apartment-building buyer evaluating the asset’s existing configuration.

Located at 7701 E State Blvd in Fort Wayne, Indiana, the property is a 5-minute drive from Georgetown Shopping Center. The address places the complex within the Fort Wayne market and provides a defined nearby retail reference point.

Key Highlights

• 15 units
• 25 parking spaces
• All units updated in 2021

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store Daycare Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

92

Businesses Nearby

Explore this area Business Placement

Demographics for 46815, IN

27,927

Population

11,060

Households

2.5

Avg Household Size

36

Median Age

32%

College-Educated

94%

High-School Grad

9.7 sq mi

ZIP Area

2,879

Density / Sq Mi

$67,224

Median Household Income

$40,849

Median Earnings

$942

Median Rent

$186,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment community with units updated in 2021 and on-site parking.

Where is this apartment building located?

The property is located at 7701 E State Blvd Fort Wayne, IN.

What are key features of this property?

This property features: 15 units; 25 parking spaces; All units updated in 2021