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About This Home
This 4-bedroom, 4-bathroom residential multi family at 708 Columbia Avenue in Fort Wayne, IN is listed for $250,000 ($94 per sqft). the home offers 2,660 sqft of living space on a 0.16 acres lot.
Located just steps from Lakeside Park, this FULLY RENTED QUADPLEX offers a strong investment opportunity in a highly desirable area of Fort Wayne's historical district. The property consists of four units, including three one-bedroom, one-bathroom apartments and one efficiency unit, providing a diverse rental mix and steady income stream.
Tenants pay for electricity individually, with separate electric meters for each unit, helping streamline expenses. Ideally situated within walking and biking distance of downtown attractions, local shops, restaurants, and community events, this property offers a highly desirable location for tenants.
A solid addition to any investment portfolio! Professional property management is already in place, making this an excellent opportunity for both experienced and first-time investors seeking a turnkey multifamily asset in a strong rental market.
Key Features
- 0.16 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
708 Columbia Avenue
Fort Wayne, IN 46805-6306
Lakeside Park
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 708 Columbia Avenue is listed at $250,000 ($94/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: 0.16 acre lot, 2 stories. Exterior Features: Off Street Parking, Near Walking Trail, Attic Storage.
This property is listed by Kathy Hutchins and can be reached at 2606093570 or kathutchins2019@gmail.com.
