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1037 Edgewater Avenue

Fort Wayne, IN 46805
  • $212,500
  • STATUS: Sold
  • ON SITE: 374 Days
  • MLS #: 202403050
Sold - 03/08/2024
$212,500
SOLD - 03/08/2024
  • 4
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,074
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.

Description

Discover an ideal investment opportunity near downtown Fort Wayne! This fourplex sits in the Lakeside subdivision and is near numerous parks, restaurants, lively entertainment, and the Rivergreenway walking trail. Four fully rented units ranging from $550 to $670 have recent improvements and a newer roof. Dont miss out on this promising investment!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T12:27:55.893.

www.housesinfortwayne.com/homes/147121760
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1037 Edgewater Avenue Fort Wayne, IN 46805

  • Price: $234,900
  • Status: Sold
  • On Site: 374 Days
  • Updated: 57 min ago
  • MLS #: 202403050
4
Beds
4
Baths
0
½ Baths
0.1
Acres
2,074
SQFT
$0
$/SQFT
1915
Built
Neighborhood:
Lake Side / Lakeside
County:
Allen
Area:
Allen
Elementary School:
Forest Park
Middle School:
Lakeside
High School:
North Side
School District:
Fort Wayne Community
Property Description
Discover an ideal investment opportunity near downtown Fort Wayne! This fourplex sits in the Lakeside subdivision and is near numerous parks, restaurants, lively entertainment, and the Rivergreenway walking trail. Four fully rented units ranging from $550 to $670 have recent improvements and a newer roof. Dont miss out on this promising investment!
Exterior Features

Exterior Aluminum Lot Description Level Lot Dimensions 45X100 Outbuilding None Parking Spaces 0 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2074 Above Grade Unfin Sq Ft 0 Amenities Storage Basement Foundation Full BasementUnfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 896 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetWoodVinyl Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 896 Total Sq Ft 2970 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bedrooms 1 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 88.15 Annual Fuel Expense 1401.33 Annual Gross Rent 30120 Annual Insurance Expense 1176.18 Annual Maint Expense 1477 Annual Misc 600 Annual Net Income 20805.49 Annual Property Tax 2539.68 Annual Trash Expense 0 Annual Water Sewer Exp 2032.17 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2510 Gross Monthly Rent 2510 Lease Term Month to Month1 Year New Construction No One Bedrooms 4 Owner Pays Building InsuranceFuelMaintenanceSewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays ElectricHeating Three Bedrooms 0 Township Wayne Two Bedrooms 0 Unit1 Unit Rent 550 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 620 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 670 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 670 Unit4- Currently Rntd Y / N Yes Unit4- Garage Y / N No Units Rented 4 Water Utility City Year Taxes Payable 2023

Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T12:27:55.893.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.