Sign up to get new listings emailed daily! JOIN SIGN IN
Tricia Miller
Your Personal Real Estate Marketing Consultant
REALTOR®, Broker Associate
(574) 320-9380
Facebook Icon LinkedIn Icon Realtor.com Icon Homes.com Icon Zillow Icon VCard Icon 
1011 Lake Avenue, Fort Wayne, IN 46805 Photo
1011 Lake Avenue, Fort Wayne, IN 46805 Photo

1 Total Photos [Click to View All]

$309,000
Status: Active
1011 Lake Avenue Fort Wayne, IN 46805
  • 4
    Bedrooms
  • 4
    Total Baths
  • 2,300
    Square Feet
  • 0.16
    Acres
  • 1905
    Year Built
  • HOA

Property Description

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.

Request Info / Schedule Showing

Contact Form

Listed By / Shown By

Listed By

Broker Name: Trueblood Real Estate, LLC.
Broker Contact: Cell: 260-267-8220
Agent Name: Richard Rutledge

agent picture

Shown By

Agent Name: Tricia Miller
Agent Phone: (574) 320-9380
Broker Title: Cressy & Everett Real Estate

IDX logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and 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

Property Features

MLS Number: 202617711
Subdivision: Lakeside Park
County: Allen
Bedrooms: 4
Total Square Feet: 2,300
Style: Fourplex
New Constuction: No
Construction: Wood
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Full Basement, Unfinished
Basement: Yes
Cooling: Window
Heating: Gas, Forced Air
Lot Size: 0.16 Acres
Stories: 2.0
Year Built: 1905

Feature Descriptions

Above Grade Finished SQFT: 2300
Amenities: Basement
Days on CressyEverett.com: 3
Exterior: Wood
Home Style: Fourplex
Lot: Level
Lot Dimensions: 45X150
Owner Pays: Fuel, Water
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 2300
Units: 4
Water: City

Location

Estimate Your Payment

Estimated Payment

$ 1,620.23 per month $1,530.10 Principal & Interest $0.00 Property Tax (data not provided by mls) $90.13 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Note: a subscription to the Do Not Call list does not apply when requesting information from our company.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/15/2026. The listing information on this page last changed on 05/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/15/2026 4:08:30 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 05/14/2026 11:18:23 PM EST) or NIRA MLS (last updated Thu 05/14/2026 11:05:00 PM EST) or IRMLS (last updated Thu 05/14/2026 11:12:32 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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
Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: Cressy & Everett Real Estate is licensed in the states of Indiana and Michigan.



Agent License Information: Tricia Miller is licensed to sell real estate in the state of Indiana and Michigan.

Login to My Homefinder

Pixel