Fort Wayne, IN Multifamily Properties for Sale

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114 properties

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Updated: Aug 17

16-Room Motel Property

5634 W Jefferson Boulevard, Fort Wayne, IN 46804

$1,188,000

7,920 sqft

Configured for 16 motel rooms
Currently used for professional business and apartment purposes
Upper floor includes 4 bathrooms
Lower floor includes 9 bathrooms
Front and back lot entrances

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5634 W Jefferson Boulevard, Fort Wayne, IN 46804

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$87K
Annual
Price @ 7% Cap

$1.25M
Above asking
Property Type

Retail Stores
Built 1964

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Updated: Aug 18

Historic Short-Term Rental Property

616 W Superior Street, Fort Wayne, IN 46802

$999,900

11,691 sqft 0.47 AC lot

11,691‑square‑foot historic property built in 1843
Five independent units with 13 total bedrooms
Unit mix includes three- and two‑bedroom apartments with one- and two‑bath layouts
Set on 0.47 acres with ample on‑site parking
Immediately adjacent to the Riverfront development and Promenade Park

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Updated Tudor Triplex

3025 N Anthony Boulevard, Fort Wayne, IN 46805

$599,900

3,944 sqft 0.25 AC lot

Three-unit Tudor property with flexible living areas, central air, garage parking, and a corner-lot setting.

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Short-Term Rental Event Venue

2417 spy run Avenue, Fort Wayne, IN 46805

$1,150,000

3,868 sqft 1.04 AC lot

Four fully furnished apartments plus a converted brick carriage house event center that holds 100–125 people.

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Historic Greek Revival Short-Term Rental

616 W Superior St, Fort Wayne, IN 46802

$999,900

11,691 sqft

Updated downtown-edge property with multiple independent units, on-site parking, and continued short-term rental use.

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Three-Unit Triplex with Garage

1527 Crescent Avenue, Fort Wayne, IN 46805

$189,000

2,822 sqft 0.16 AC lot

Three separate one-bedroom units offer a flexible residential income configuration.

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Duplex with Central Air

708 E Jefferson Boulevard, Fort Wayne, IN 46802

$237,000

1,672 sqft 0.10 AC lot

Well-updated duplex with central air and separately metered water, gas, and electric for each unit.

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Updated Duplex with Two Kitchens

707 W Creighton Avenue, Fort Wayne, IN 46807

$156,900

1,562 sqft 0.03 AC lot

An updated duplex offering two units with newer electrical, a newer water heater, and fresh finishes.

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Two-Unit Duplex with Basement

3201 Dinnen Avenue, Fort Wayne, IN 46807

$189,500

2,168 sqft 0.12 AC lot

One apartment is occupied while the second is vacant and available for leasing.

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Two-Unit Duplex with Central Air

2532 S Hanna Street, Fort Wayne, IN 46808

$172,000

1,640 sqft 0.16 AC lot

The 1920 property includes laminate, vinyl, and carpet flooring throughout its residential interior.

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Renovated Three-Unit Short-Term Rental

3025 N Anthony Boulevard, Fort Wayne, IN 46805

$625,000

3,945 sqft

Updated property offers flexible accommodations near Purdue Fort Wayne, Parkview Hospital, Memorial Coliseum, and downtown.

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Two-Story Duplex with Fenced Yard

1117 W Wildwood Avenue, Fort Wayne, IN 46807

$235,000

2,660 sqft 0.17 AC lot

Fully occupied duplex with separate utility metering and tenant-paid utilities.

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Five-Unit Apartment Building

1512 Taylor Street, Fort Wayne, IN 46802

$240,000

2,433 sqft 0.23 AC lot

Two-story property with one renovated unit and additional apartments ready for renovation.

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Updated Duplex with Outdoor Space

707 W Creighton Ave, Fort Wayne, IN 46807

$156,900

1,562 sqft

Two distinct residences include refreshed kitchens and private outdoor space.

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Two-Unit Duplex With Parking

721 Putnam Street, Fort Wayne, IN 46808

$150,000

1,812 sqft 0.16 AC lot

Fully occupied income property near downtown Fort Wayne with separate residences and off-street parking.

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Duplex with Detached Garage

924 Saint Marys Avenue, Fort Wayne, IN 46808

$249,900

3,049 sqft 0.50 AC lot

Duplex offering two 3-bedroom, 1-bath units with central air, a detached garage, and an included adjacent vacant lot.

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Three-Unit Apartment Property

3-1527 Crescent Ave, Fort Wayne, IN 46805

$189,000

2,822 sqft

Three one-bedroom residences offer separate thermostats, retained appliances, and garage space for parking or storage.

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Two-Unit Duplex with Off-Street Parking

237 W Leith Street, Fort Wayne, IN 46807

$178,000

2,232 sqft 0.15 AC lot

Two leased residences offer distinct bedroom layouts, basement space, and rear off-street parking.

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Three-Unit Apartment Building

1527 Crescent Ave, Fort Wayne, IN 46805

$189,000

2,822 sqft

Three one-bedroom residences share separate thermostats, retained appliances, and a garage with flexible practical use.

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Bi-Level Duplex With Detached 2-Car Garage

3217 S Harrison Street, Fort Wayne, IN 46807

$130,000

2,100 sqft 0.21 AC lot

Bi-level duplex on a 0.21-acre lot with two units, dedicated laundry, and ample off-street parking.

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Two-Unit Residential Property

237 W Leith Street, Fort Wayne, IN 46806

$178,000

2,232 sqft

Occupied residential income property with separate upper and main-floor apartments plus rear off-street parking.

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Duplex with Two Apartment Layouts

1332 W Washington Boulevard, Fort Wayne, IN 46802

$261,107

3,104 sqft 0.21 AC lot

Includes separate two-bedroom and one-bedroom apartments near downtown amenities.

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Bi-Level Duplex with Detached Garage

3217 S Harrison St, Fort Wayne, IN 46807

$130,000

2,100 sqft

Two-unit configuration includes dedicated laundry, flexible occupancy, and off-street parking.

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4-Unit Quadplex with Garage

1926 Lafayette Street, Fort Wayne, IN 46803

$300,000

2,580 sqft 0.12 AC lot

The building contains four one-bedroom apartments, a basement, fenced yard, and off-street parking.

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Fort Wayne, IN Multifamily Properties Market Trends and Statistics

Explore 114 multifamily properties for sale in Fort Wayne, IN, showcased through 114 active listings on our real estate platform. These investment opportunities span a total of 345,356 square feet of properties for sale, with an estimated market value of $48,885,992.

Sale prices for multifamily properties in Fort Wayne, IN start at $78,900, averaging $493,797, and reaching up to $19,990,000 — 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
46807	$181.5K
46808	$184.2K
46803	$190.7K
46815	$219.9K
46806	$306.2K

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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