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Map

Directions

From Spy Run Ave turn right onto Tennessee, left onto St Joe

Description

In the market for your next income-generating property? Don’t miss this charming 1951 all-brick 5-unit apartment building, ideally located near downtown Fort Wayne along the scenic St. Joe River. This well-maintained property features both front and rear entrances, offering added convenience for tenants. Recent renovations enhance its appeal while preserving its classic character. All five units offer 2-bedroom layouts, making them highly desirable for tenants. Three of the five units are currently occupied, providing immediate income potential. Whether you’re expanding your portfolio or entering the investment market, this property offers a great combination of location, charm, and steady income opportunity.

Details

  • Property Details

  • MLS #:
    202609231
  • Price
    $515,000
  • Bedrooms
    10
  • Baths Total
    5
  • Full Baths
    5
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.42
  • Approx. Lot Size SqFt
    18,295
  • Class
    Investment
  • DOM
    35
  • Lot Dimensions
    110x193
  • New Construction
    No
  • Parcel ID#
    02-07-36-381-001.000-074
  • Property Sub-Type
    Apartment Building
  • State
    IN
  • Style
    Other
  • Subdivision
    None
  • Total Finished SqFt
    4,550
  • Total SqFt
    5,450
  • Year Built
    1951
  • Zip
    46805

  • Interior Features

  • Below Grade Finished SqFt
    950

  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: June 12 2026, 6:46 AM

Listing courtesy of: Johanna Pardon, Mike Thomas Assoc., Inc

IDX information provided by the Indiana Regional MLS. 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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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