Listing courtesy of CENTURY 21 Bradley Realty, Inc · Listing agent: Kathy Hutchins · Cell: 260-609-3570
708 Columbia Avenue
Fort Wayne, IN 46805-6306Lakeside Park
- Basement
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,660 sq ft
- Lot
- 0.16 ac
- Year built
- 1890
- Type
- Fourplex
- Listed
- June 15, 2026
- MLS #
- 202623519
About this home
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.
Monthly payment estimate
$2,020/mo
- Principal & interest
- $1,368
- Property taxes
- $579
- Homeowners insurance
- $73
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,800 sq ft
- Finished area above grade
- 2,660 sq ft
- Unfinished area above grade
- 300 sq ft
- Unfinished area below grade
- 840 sq ft
- Main level
- 1,820 sq ft
- Upper level
- 840 sq ft
- Below grade total
- 840 sq ft
- Bedrooms above grade
- 4
- Basement
- Crawl Space, Unfinished
- Flooring
- Carpet, Vinyl, Wood
- Heating
- Natural Gas, Forced Air
- Amenities
- Off Street Parking, Near Walking Trail, Attic Storage, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Porch Covered, Water Heater Gas
Exterior & parking
- Construction
- Aluminum Siding
- Roof
- Asphalt
- Parking
- Gravel, Garage, Off Street, On Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Lakeside Park
- Lot features
- Level, Historic Designation, Planned Unit Development
- Lot size (acres)
- 0.16 ac
- Lot dimensions
- 45X150
- Location type
- City/Town/Suburb,Near Walking Trail,Historic District
- County
- Allen County
- Township
- Wayne
- Cross street
- St Joseph Blvd
- Lots
- 7
- Platted
- Yes
- Planned unit development
- No
- Directions
- E Main St left on St Joseph Blvd, take "Y" to right onto Columbia Ave. House is immediately on the right
Schools
- Elementary school
- Forest Park
- Middle school
- Lakeside
- High school
- North Side
- School district
- Fort Wayne Community
HOA & community
- HOA fee
- $0
Taxes & terms
- Annual taxes
- $6,951
- Tax year
- 2026
- Assessed value
- $308,900
- Listing terms
- Cash, Conventional
- Possession
- at closing
- Parcel number
- 02-12-01-157-004.000-074
Included in the sale
- Included in sale
- Building,Land,Lease,Other
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- AEP/I&M
- Gas provider
- NIPSCO
- Water provider
- Fort Wayne City Utilities
Income & commercial
- Units
- 4
- Buildings
- 2
- Annual gross rent
- $34,980
- Net operating income
- $21,609
- Lease term
- 12 Months
- Parking spaces
- 4
- Pets allowed
- Yes
- Tenant pays
- Electricity, Snow Removal
- Electric meters
- 4
- Gas meters
- 1
- Water meters
- 1
- Insurance (annual)
- $2,400
- Water & sewer (annual)
- $1,699
- Fuel (annual)
- $1,321
- Maintenance (annual)
- $800
Location
Area guide
Living in Fort Wayne
Neighborhoods, schools, cost of living and local housing trends — our guide to life in Fort Wayne.
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