Fort Wayne, IN Multifamily Properties for Sale

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Updated: Mar 20, 2024

Restaurant and Airbnb Opportunity

5700 Bluffton Rd, Fort Wayne, IN 46809

$1,250,000

4,756 sqft 1.01 AC lot

Profitable restaurant business with strong sales included in the sale
Prime location in the thriving Southwest area of Fort Wayne
Versatile property featuring a 3,156 SF restaurant and a recently updated 1,600 SF Airbnb
Zoned C2/Limited Commercial, offering diverse business opportunities
Includes all furniture, equipment, and fixtures, plus a spacious kitchen with two 8‑foot exhaust hood systems

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Here's a quick look at some key insights for

5700 Bluffton Rd, Fort Wayne, IN 46809

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Est. Cap Rate

4.2%
NOI ÷ price
Est. NOI

$53K
Annual
Mortgage

$468K
Apr 2023
Property Type

Retail Stores
Built 1949

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Updated: May 26

Renovated Triplex With Short-Term Units

3025 N Anthony Boulevard, Fort Wayne, IN 46805

$625,000

3,945 sqft 0.25 AC lot

3,918 SF Tudor‑style home built in 1935 featuring central air, a garage, and a fireplace
Set up for short‑term stays with 3 rental units that have consistently received 5‑star Airbnb reviews
Main level and upper unit each offer 2 bedrooms, 1 full bath, plus a large living and dining area
Completely renovated lower level includes a modern studio‑style unit with an open living concept and a full bath
Recent updates include new sewer and water lines, basement waterproofing and foundation stabilization, sump pump with backup, and electrical/plumbing upgrades

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Two-Unit Duplex with Detached Garage

924 Saint Marys Avenue, Fort Wayne, IN 46808

$259,900

3,049 sqft 0.50 AC lot

Income-producing duplex with two 3-bedroom, 1-bath units and a detached garage on a combined sale with an adjacent vacant lot.

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Fully Occupied Single-Family Home Package

3109 Central Drive, Fort Wayne, IN 46806

$499,900

3,856 sqft 0.12 AC lot

Five occupied homes offer combined monthly rental income of $3,805 with tenant-paid utilities and in-unit major appliances.

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Duplex with Shared Covered Porch

1141 Kinnaird Avenue, Fort Wayne, IN 46807

$175,900

1,668 sqft

Two-unit duplex with a shared covered porch, updated exterior, and a mix of occupied and vacant space.

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Duplex with 2-Bed and 1-Bed Units

1332 W Washington Boulevard, Fort Wayne, IN 46802

$261,107

3,104 sqft 0.21 AC lot

Well-kept duplex offering one two-bedroom and one one-bedroom apartment for rental or owner-occupant use.

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Historic Mixed-Use Hospitality Property

2417 Spy Run Avenue, Fort Wayne, IN 46805

$1,150,000

1.04 AC lot

Queen Anne landmark with furnished short-term rentals, an event venue, and leased garage/storage units.

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Updated Fully Rented Duplex

1012 Huffman Street, Fort Wayne, IN 46808

$184,900

1,592 sqft 0.12 AC lot

Fully rented duplex featuring two units with separate gas and electric meters and recent exterior and interior updates.

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Income-Earning Townhome Duplex

977 North West Hamilton Road, Fort Wayne, IN 46818

$264,900

1,832 sqft

Well-appointed two-story townhome with a private patio and an in-place lease through May 31, 2027.

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Historic 5-Unit Apartment Building

1004 Delaware Avenue, Fort Wayne, IN 46805

$425,000

3,346 sqft 0.31 AC lot

All-brick five-unit with a mix of two-bedroom, one-bedroom, and studio layouts plus shared laundry and parking.

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Fourplex with Updated Units

915 Wilt Street, Fort Wayne, IN 46802

$429,400

2,596 sqft 0.15 AC lot

Well-maintained four-plex with recent exterior paint and two remodeled units in Fort Wayne’s West Central area.

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Downtown Duplex Renovation Opportunity

462 East Suttenfield Street, Fort Wayne, IN 46803

$102,000

1,685 sqft

Duplex near downtown for investors or owner-occupants.

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Multi-Family with Storage Barn

14034 Lima Road, Fort Wayne, IN 46818

$649,900

4,585 sqft 5.00 AC lot

Income-focused property with a 3-plex, mobile home, and multiple storage areas set on 5 acres along Hwy 3.

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Restored Four-Plex with Laundry

1115 W Wayne Street, Fort Wayne, IN 46802

$440,800

3,227 sqft 0.17 AC lot

Well-maintained four-plex featuring two 2-bedroom and two 1-bedroom units with in-unit washer/dryer and central air.

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10-Unit Multifamily with Carriage House

813 W BERRY ST, Fort Wayne, IN 46802

$350,000

6,346 sqft

Vacant 10-unit rental property offering two-building income structure for an investor or operator’s repositioning plan.

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Fully Rented Quadplex Investment

708 Columbia Avenue, Fort Wayne, IN 46805

$250,000

2,660 sqft 0.16 AC lot

Four-unit quadplex with separate electric meters and one-bedroom plus efficiency layouts.

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Duplex Rebuild Opportunity

462 E Suttenfield Street, Fort Wayne, IN 46803

$102,000

1,685 sqft 0.05 AC lot

Major demolition is complete and the property is down to the studs, ready for a full renovation plan.

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Multifamily Property with Rental Income

840-842 Columbia Avenue, Fort Wayne, IN 46805

$315,000

5,708 sqft 0.16 AC lot

8-unit multifamily property with additional room and strong rental income.

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Duplex with Detached Garage

436 E Taber Street, Fort Wayne, IN 46803

$145,000

1,232 sqft 0.12 AC lot

Two-unit duplex with a separately rented detached garage and tenant-paid utility overage provisions.

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Historic Event Center and Apartments

2417 Spy Run Avenue, Fort Wayne, IN 46805

$1,150,000

A fully furnished four-unit rental property with an operating event center and 11 rented garage units.

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One-Story Duplex with Two Units

4911-4913 Lake Avenue, Fort Wayne, IN 46815

$219,900

1,950 sqft 0.44 AC lot

Well-maintained duplex with separate living spaces, attached garage, and covered patios for flexible occupancy or tenancy.

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Mixed-Use Duplex with Office

1121 E State Boulevard, Fort Wayne, IN 46805

$160,000

Duplex offers main-level office space with a two-bedroom apartment upstairs, supported by rear parking.

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Duplex with Two Occupied Units

2815 S Harrison Street, Fort Wayne, IN 46807

$170,000

2,748 sqft 0.14 AC lot

Duplex for sale with one fully updated unit and one long-term rented unit, with both sides currently occupied.

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Fourplex with 1- and 2-Bed Units

1104 W Wayne Street, Fort Wayne, IN 46802

$421,087

2,600 sqft 0.13 AC lot

Well-maintained fourplex with three 1-bedroom units and one 2-bedroom unit, plus 2024 exterior, roof, and A/C updates.

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Fort Wayne, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Fort Wayne, IN, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 116,293 square feet of properties for sale, with an estimated market value of $13,192,893.

Sale prices for multifamily properties in Fort Wayne, IN start at $99,999, averaging $314,116, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 333K

Population Growth (5Y) +5.7%

Median Household Income $71,201

College Educated 14.1%

High-Yield Neighborhoods for Investment

Identify Fort Wayne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46808	$172.9K
46807	$214.4K
46815	$219.9K
46803	$274.4K
46802	$326.1K

Taxes & Financing

Tax Rate (average for all types) 2.07%

Property Tax per SF $42.56 per SF

Tax Rate vs County Average 0.07 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allen County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Fort Wayne fall within the 100,000+ square foot range.

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Fort Wayne, IN Multifamily Properties for Sale

5700 Bluffton Rd, Fort Wayne, IN 46809

3025 N Anthony Boulevard, Fort Wayne, IN 46805

924 Saint Marys Avenue, Fort Wayne, IN 46808

3109 Central Drive, Fort Wayne, IN 46806

1141 Kinnaird Avenue, Fort Wayne, IN 46807

1332 W Washington Boulevard, Fort Wayne, IN 46802

2417 Spy Run Avenue, Fort Wayne, IN 46805

1012 Huffman Street, Fort Wayne, IN 46808

977 North West Hamilton Road, Fort Wayne, IN 46818

1004 Delaware Avenue, Fort Wayne, IN 46805

915 Wilt Street, Fort Wayne, IN 46802

462 East Suttenfield Street, Fort Wayne, IN 46803

14034 Lima Road, Fort Wayne, IN 46818

1115 W Wayne Street, Fort Wayne, IN 46802

813 W BERRY ST, Fort Wayne, IN 46802

708 Columbia Avenue, Fort Wayne, IN 46805

462 E Suttenfield Street, Fort Wayne, IN 46803

840-842 Columbia Avenue, Fort Wayne, IN 46805

436 E Taber Street, Fort Wayne, IN 46803

2417 Spy Run Avenue, Fort Wayne, IN 46805

4911-4913 Lake Avenue, Fort Wayne, IN 46815

1121 E State Boulevard, Fort Wayne, IN 46805

2815 S Harrison Street, Fort Wayne, IN 46807

1104 W Wayne Street, Fort Wayne, IN 46802

Fort Wayne, IN Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Popular Searches in Fort Wayne, IN

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Most Searched ZIP Codes in Fort Wayne, IN

Fort Wayne, IN Multifamily Properties for Sale

5700 Bluffton Rd, Fort Wayne, IN 46809

3025 N Anthony Boulevard, Fort Wayne, IN 46805

924 Saint Marys Avenue, Fort Wayne, IN 46808

3109 Central Drive, Fort Wayne, IN 46806

1141 Kinnaird Avenue, Fort Wayne, IN 46807

1332 W Washington Boulevard, Fort Wayne, IN 46802

2417 Spy Run Avenue, Fort Wayne, IN 46805

1012 Huffman Street, Fort Wayne, IN 46808

977 North West Hamilton Road, Fort Wayne, IN 46818

1004 Delaware Avenue, Fort Wayne, IN 46805

915 Wilt Street, Fort Wayne, IN 46802

462 East Suttenfield Street, Fort Wayne, IN 46803

14034 Lima Road, Fort Wayne, IN 46818

1115 W Wayne Street, Fort Wayne, IN 46802

813 W BERRY ST, Fort Wayne, IN 46802

708 Columbia Avenue, Fort Wayne, IN 46805

462 E Suttenfield Street, Fort Wayne, IN 46803

840-842 Columbia Avenue, Fort Wayne, IN 46805

436 E Taber Street, Fort Wayne, IN 46803

2417 Spy Run Avenue, Fort Wayne, IN 46805

4911-4913 Lake Avenue, Fort Wayne, IN 46815

1121 E State Boulevard, Fort Wayne, IN 46805

2815 S Harrison Street, Fort Wayne, IN 46807

1104 W Wayne Street, Fort Wayne, IN 46802

Fort Wayne, IN Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Popular Searches in Fort Wayne, IN

Popular Categories

Most Searched ZIP Codes in Fort Wayne, IN

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