For Sale

Listed by David Springer from Mike Thomas Assoc., Inc

Source: Indiana Regional MLS #202624232

1004 Delaware Avenue, Fort Wayne, IN, 46805

$425,000

8
5
6
4232 sq. ft.
13504 sq. ft.

MultiFam

What's around 1004 Delaware Avenue

About this property

Located in the heart of Fort Wayne's desirable 46805 zip code, this exceptional all brick five unit investment property offers a rare opportunity for investors seeking both character and income potential. Just minutes from the heart of downtown Fort Wayne, Promenade Park, The Landing, dining, entertainment, and cultural attractions, this property is ideally situated in one of the city's most sought after areas. Built around 1890, the building showcases timeless historic charm, and impressive curb appeal, with architectural details that reflect its rich heritage. The property consists of 3 two bedroom units, 1 one bedroom unit, and 1 studio unit, providing a diverse rental mix. Major updates include a roof just over three years old with guttering, and windows were replaced approximately 10 years ago. Cedar closets, basement with shared laundry room, and ample spaces in the large parking lot. Whether you're looking to expand your investment portfolio or acquire a distinctive income producing property, this well maintained 5-plex combines historic character, a prime location, and strong rental appeal.

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