1027 Lake Avenue, Fort Wayne, IN 46805 (MLS # 202617710)

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Listed with Richard Rutledge, Trueblood Real Estate, LLC., Cell: 260-267-8220

PRICE $289,000 dsIDX morgage calculator
BEDS 4
BATHS 4
HOME SIZE 2,448 sqft
LOT SIZE 6,970 sqft
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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.

DAYS ON MARKET 1 LAST UPDATED 7/16/2026
TRACT Lakeside Park YEAR BUILT 1900
COUNTY Allen STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Fort Wayne Community
Elementary School Forest Park
Jr. High School Lakeside
High School North Side


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Range, Refrigerator
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Wood Siding
HEAT Hot Water
LOT 6970 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 45X150
PARKING Off Street, On Street
SEWER Public Sewer
STYLE Two Story
SUBDIVISION Lakeside Park
TAXES 6125
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Richard Rutledge, Trueblood Real Estate, LLC., Cell: 260-267-8220
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 7/17/26 5:02 PM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.


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