Search
Four-Unit Two-Story Quadplex
New
For Sale
$398,000

903 Edgewater Avenue, Fort Wayne, IN 46805

INVESTMENT, Two Story, Fort Wayne, IN

Property Size2,272 SF
Lot Size0.11 Acres
Price / SF$175.18
Days on Market5

Property Features for 903 Edgewater Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4
Parking 2
Parking features Off Street
Fireplace 1
Subdivision Lakeside Park
Lot features City/ Town/ Suburb, Level
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 Columbia Ave east of Main St and then right on Dearborn, right on Edgewater (one way heading west), house on right; park in front of building
Standard status Active
APN 02-12-01-182-016.000-074
Size 2,272 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 105' LOT 104 LAKESIDE PARK ADDITION
Tax Annual Amount 1000
Legal Description S 105' LOT 104 LAKESIDE PARK ADDITION

Building Details

Year built 1940
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Architectural style Other
Listing Agency: Mike Thomas Assoc., Inc
Listed By: Katie Brown · License #RB14039175
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 12 at 11:06PM
MLS# 202641905

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.

Built in 1940, this two-story quadplex contains 2,272 square feet across four apartments. Two units occupy the main floor and two are upstairs; each has one bedroom, one full bathroom, a living room, a kitchen, and a walk-in closet. The 0.11-acre property is zoned R 3. Heating is electric baseboard, with a mini-split in one apartment. A gas water heater was installed in 2018, and replacement vinyl windows are on order.

Parking includes street spaces and a small driveway pad. Each apartment has its own electric meter, and the building includes a fireplace.

Key Highlights

  • Four apartments, each with one bedroom, one full bathroom, living room, kitchen, and walk‑in closet
  • 2,272‑square‑foot building on a 0.11‑acre lot
  • Two main‑level units and two upper‑level units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Veterinary Clinic Butcher

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,074
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
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
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 - Four separately metered apartments offer one-bedroom layouts with living rooms, kitchens, and walk-in closets.
Where is this quadplex located?
The property is located at 903 Edgewater Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Four apartments, each with one bedroom, one full bathroom, living room, kitchen, and walk‑in closet; 2,272‑square‑foot building on a 0.11‑acre lot; Two main‑level units and two upper‑level units
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
Why this one?
Saved
Reason not saved — we won't ask again