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Listed price in listed location currency (USD).
$289,000

446

MLS® 202617710

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2448 sqft
Garage 
Taxes $6,125
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $118
MLS® Number 202617710

Property Address: 1027 Lake Ave, Fort Wayne, IN, 46805-4388

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

Description

Turnkey 4-Plex in the heart of the desirable 46805 district, fully occupied and generating $3, 719/month in gross income with a NET annual income of $28, 025. Ideally located within walking distance of Lakeside Park, this well-priced downtown investment opportunity features a freshly painted exterior (2024) and rehabbed units with updated paint, carpet, and appliances as needed prior to tenant move-in. A well-maintained, income-producing property offering immediate cash flow and long-term potential.
MLS® Number202617710
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Unfinished
DrivewayOff Street, Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 12, 2026List Date
$289,000List Price
Jun 9, 2023End Date
$184,000Sold Price

Sold

Jun 17, 2025List Date
$199,900List Price
  • Commute

Commute

Starting Address
Destination Address
1027 Lake Ave, Fort Wayne, IN

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