1011 Lake Ave | Image 1
New

$309,000

For Sale

9 hours ago

1011 Lake Ave, Fort Wayne, IN

House

MLS® 202617711

4 Bed

4 Bath

2300 sqft

6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2300 sqft
Garage 
Taxes $7,341
Days Active 0
Lot Size 
Approx. Age 1905
Avg. Price Per Sqft $134
MLS® Number 202617711

Property Address: 1011 Lake Ave, Fort Wayne, IN, 46805-4398

Average square foot calculated using Size range provided by listing agent.

Description

This fully occupied turnkey 4-Plex is the kind of investment opportunity that rarely hits the market. Generating an impressive $3, 937 monthly gross income and $33, 620 NET annual income after all expenses, and assessed at over $320k. Ideally positioned in the heart of the highly desirable 46805 district, you’re just a short walk from Lakeside Park and only minutes from the energy, dining, and entertainment of downtown Fort Wayne. With a freshly painted exterior in 2024 and all units rehabbed prior to tenant occupancy featuring updated paint, carpet, and appliances as needed, this property offers the perfect blend of charm, stability, and cash flow. Well-maintained, income-producing, and aggressively priced for the value offered, this is a prime opportunity for both seasoned investors and buyers looking to expand their portfolio with confidence. Opportunities like this don’t last long.
MLS® Number202617711
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$309,000List Price
  • Commute

Commute

Starting Address
Destination Address
1011 Lake Ave, Fort Wayne, IN

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