1027 Lake AVE, Fort Wayne, IN 46805-4388
1027 Lake AVE, Fort Wayne, IN 46805-4388
1027 Lake AVE, Fort Wayne, IN 46805-4388
Listed by Trueblood Real Estate, LLC.
Bought with Antrim Group
$285,000
$289,000 1.4%
Est. payment /mo
4 Beds
4 Baths
2,448 SqFt

UPDATED:

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,448 sqft

Subdivision Lakeside Park

MLS Listing ID IRM202617710

Sold Date 09/17/26

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,125

Tax Year 2026

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 45X150

Property Sub-Type Fourplex

Property 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.

Location

State IN

County Allen County

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Fireplace N

Exterior

Parking Features Off Street, On Street

View Y/N true

Total Parking Spaces 6

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Forest Park

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-01-135-020.000-074

Monthly Total Fees $500

Acceptable Financing IRM202617710

Listing Terms IRM202617710

Financing Conventional

Special Listing Condition None

Pets Allowed No


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Indiana Regional MLS (IRMLS)

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Drew Dial

Drew Dial

+1(317) 614-5445

Principal Broker, Indiana RBRB14047921

Principal Broker, Indiana RBRB14047921

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