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    Property profile & analytics

    1206 Columbia Ave Fort Wayne, IN 46805

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-0662874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1206 Columbia Ave

    Property type
    Commercial real estate

    Description

    This charming 1,118 square foot, first-floor apartment in a duplex offers a comfortable and convenient lifestyle in a prime Fort Wayne location. Situated on Columbia Avenue, this single-tenant property is just minutes away from the scenic Lakeside Park and Indiana Tech, providing easy access to outdoor recreation, higher education, and the vibrant downtown area. The apartment boasts two bedrooms and one bathroom, offering a spacious layout ideal for individuals, students, or small families. Residents will appreciate the convenience of basement washer/dryer hookups (appliances not included) and the shared yard space. The apartment retains its historic charm with original details and large windows that allow ample natural light. Its proximity to dining, shopping, and other amenities makes this an exceptional opportunity for those seeking a blend of comfort, convenience, and a desirable location within Fort Wayne. This property is perfect for those seeking a comfortable and convenient living experience in a thriving community. The property is located in Allen County and is classified as a special purpose residential property. The unit is a single-family tenancy. This is a fantastic opportunity to secure a well-located and charming apartment in a highly sought-after area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1231329
    Latitude
    41.0860031

    Comparable in this City

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      Executive Suites, Fort Wayne

      Class A Office Space, Prime Location
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      254,264 SF

      Glenbrook Commons Retail Space

      Fort Wayne retail space near Glenbrook Square.
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      5,238 SF

      Industrial Space For Rent

      Industrial property available for rent with high visibility.
      431-445 Fernhill Ave, Fort Wayne, IN 46805
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    Similar Nearby for Lease

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      View Details
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      Glenbrook Commons Retail Space

      Fort Wayne retail space near Glenbrook Square.
      4122 Lima Rd, Fort Wayne, IN 46805
      View Details
    • $9 SF/Yr
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      Industrial property available for rent with high visibility.
      431-445 Fernhill Ave, Fort Wayne, IN 46805
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      Office/Flex Space For Rent

      Office and flex space with high visibility and easy access.
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    1206 Columbia Ave
    Fort Wayne, IN 46805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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