$330,000
1027 Lake Avenue
Tue, Oct 14, 4:00pm – 6:00pm
Open House Tuesday Oct 14 from 4-6pm
*Open House Tuesday October 14 from 4-6pm* Turnkey 4-Plex, fully occupied, generating $3,651 monthly income, ideally located within walking distance of Lakeside Park. Exterior freshly painted in 2024. All units rehabbed prior to tenant move-in, featuring updated paint, carpet and appliances as needed. Three of four tenants have been in place since 2023, ensuring stable income. This well-maintained, income-producing property is a must-see investment opportunity. Option to purchase additional property at 1011 Lake Ave. Tenants require 48-hour notice for showings and will be present. Owner covers utilities, averaging $575 per month. Off-street parking in rear.
Saint Joseph Blvd to Columbia Ave to Oneida St to Lake Ave
Map to 1027 Lake Avenue, Fort Wayne, IN 46805
MLS #
202540713
Date Listed
2025-10-08
Status
Active
Property Type
Investment
Property SubType
Fourplex
Finished Square Feet
2448 sqft
Total Square Feet
3574 sqft
New Construction
No
Style
Two Story
Type
Fourplex
Basement
Yes
Bedrooms
4
Bathrooms
4
Annual Taxes
$1,576.00
Year Taxes Payable
2025
Year Built
1900
Virtual Tour
propertypanorama.com »
Days on Market
1
Room Dimensions
Family Room
891 × 891
Level
Kitchen
944 ×
Level
4th Bedroom
1 × 1
Level
5th Bedroom
4 × 4
Level
Extra Room
1 × 1
Level
Bathroom Locations
Full Baths
4 Main
External Features
Construction
Fourplex
Lot Size
6,750 sq ft
Acreage
0.16 Acres
Lot Dimensions
45X150
Fence
None
Location
Area
Allen County
County
Allen
Subdivision
Lakeside Park
Township
Wayne
City
Fort Wayne
State
IN
Zip
46805
Schools
School District
Fort Wayne Community
Elementary
Forest Park
Middle School
Lakeside
High School
North Side
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202540713 |
|---|---|
| Date Listed | 2025-10-08 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Fourplex |
| Finished Square Feet | 2448 sqft |
| Total Square Feet | 3574 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Fourplex |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Annual Taxes | $1,576.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1900 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 1 |
| Family Room | 891 × 891 | Level |
| Kitchen | 944 × | Level |
| 4th Bedroom | 1 × 1 | Level |
| 5th Bedroom | 4 × 4 | Level |
| Extra Room | 1 × 1 | Level |
| Full Baths | 4 Main |
| Construction | Fourplex |
|---|---|
| Lot Size | 6,750 sq ft |
| Acreage | 0.16 Acres |
| Lot Dimensions | 45X150 |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | Lakeside Park |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46805 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Forest Park |
| Middle School | Lakeside |
| High School | North Side |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202540713
IDX information provided by the Indiana Regional MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Rachel Morgan-Hamilton
Beach Vibes Realty
rachelmh.realty@gmail.com
Listing updated October 9, 2025 at 2:00 pm
Last checked 13 minutes ago
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