Listed with Richard Rutledge, Trueblood Real Estate, LLC., Cell: 260-267-8220

Price $309,000
Status Active
Beds 4
Baths 4 Baths
Home size 2,300 sqft
Lot Size 6,970 sqft
Days on Market 13
This fully occupied turnkey 4-Plex is the kind of investment opportunity that rarely hits the market. Generating an impressive $3,937.00 monthly gross income and $33,620.00 NET annual income after all expenses. It it assessed at over $321,400.00. 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.
Property Type(s): Multi Family
Last Updated 7/16/2026 Tract Lakeside Park
Year Built 1905 County Allen

SCHOOLS

School District Fort Wayne Community
Elementary School Forest Park
Jr. High School Lakeside
High School North Side

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Range, Refrigerator
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Wood Siding
HEAT Forced Air, Natural Gas
LOT 6970 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 45X150
PARKING Gravel
SEWER Public Sewer
STYLE Two Story
SUBDIVISION Lakeside Park
TAXES 7341
WATER Public
Listed with Richard Rutledge, Trueblood Real Estate, LLC., Cell: 260-267-8220
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 7/29/26 9:20 AM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.

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