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Listing courtesy of Mike Thomas Assoc., Inc · Listing agent: Katie Brown

Virtual tour
ActiveFourplex

903 Edgewater Avenue

$398,000

$175.18 / sq ft

Est. $2,704/mo

Fort Wayne, IN 46805-4375Lakeside Park

Bedrooms
4
Bathrooms
4
Living area
2,272 sq ft
Lot
0.11 ac
Year built
1940
Type
Fourplex
Listed
October 9, 2026
MLS #
202641905

About this home

Zoned R 3, this 4 unit rental property is just east of downtown Fort Wayne. 2 main level units and 2 upper level units each are 1 bedroom, 1 full bathroom units with living room, kitchen, and large walk-in closet. Street Parking plus small driveway pad. Each unit is on separate electric meters. Heat is electric baseboard, and one unit has mini-split. A new gas hot water heater was installed in 2018. Brand new vinyl replacement windows are on order.

Monthly payment estimate

$2,704/mo

Principal & interest
$2,187
Property taxes
$401
Homeowners insurance
$116
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 22, 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Stories
2
Total area
2,272 sq ft
Finished area above grade
2,272 sq ft
Bedrooms above grade
4
Basement
Slab
Flooring
Carpet, Vinyl
Heating
Baseboard, Other Heating System
Cooling
Window Unit(s)
Amenities
Off Street Parking, Detector-Smoke, Eat-In Kitchen, Water Heater Gas

Exterior & parking

Construction
Aluminum Siding, Stone
Parking
Off Street, On Street
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Lakeside Park
Lot features
Level
Lot size (acres)
0.11 ac
Lot dimensions
45X105
Location type
City/Town/Suburb
Inside city limits
Yes
County
Allen County
Township
Wayne
Cross street
Dearborn
Lots
104
Platted
Yes
Planned unit development
No
Directions
Columbia Ave east of Main St and then right on Dearborn, right on Edgewater (one way heading west), house on right; park in front of building

Schools

Elementary school
Forest Park
Middle school
Lakeside
High school
North Side
School district
Fort Wayne Community

HOA & community

Association restrictions
No

Taxes & terms

Annual taxes
$4,813
Tax year
2026
Listing terms
Cash, Conventional
Possession
at final closing
Parcel number
02-12-01-182-016.000-074

Included in the sale

Included in sale
Building,Land

Utilities

Water
Public
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
NIPSCO
Water provider
Fort Wayne City Utilities

Income & commercial

Units
4
Buildings
1
Annual gross rent
$47,300
Net operating income
$29,437
Lease term
Week to Week
Parking spaces
2
Pets allowed
No
Electric meters
4
Gas meters
1
Water meters
1
Insurance (annual)
$1,000
Water & sewer (annual)
$2,400
Electric (annual)
$4,800
Fuel (annual)
$1,200
Maintenance (annual)
$3,000

Units

UnitCountBedsBathsRentGarage
——11$250—
——11$275—
——11$250—
——1—$300—

Location

Loading map...

Schools

School district

Fort Wayne Community Schools

From the district boundary map (NCES)

28,200 students · Graduation rate: 90% (Indiana 91.8%)

Look up this address with Fort Wayne Community Schools

  • Grades K–5

    Forest Park Elementary School

    Public · Grades PK–5 · 560 students · 0.8 mi away

    As listed by the listing agent

    English (ILEARN)
    21.5% · Indiana 42%
    Math (ILEARN)
    19.6% · Indiana 42.7%

  • Grades 6–8

    Lakeside Middle School

    Public · Grades 6–8 · 424 students · 0.9 mi away

    As listed by the listing agent

    English (ILEARN)
    26.1% · Indiana 42%
    Math (ILEARN)
    16.2% · Indiana 42.7%

  • Grades 9–12

    North Side High School

    Public · Grades 9–12 · 1,320 students · 1.1 mi away

    As listed by the listing agent

    Graduation rate
    87.5% · Indiana 91.8%
    SAT reading & writing
    31.9% · Indiana 51.9%
    SAT math
    8.5% · Indiana 25.6%
Public schools nearby (7)
Private schools nearby (3)

Figures: enrollment (2025-26 school year), ILEARN (spring 2026), graduation rate (class of 2025), SAT (spring 2026), and private school enrollment (2023-24 school year).

ILEARN: share of students in grades 3–8 proficient on Indiana's state test. SAT: share of 11th graders meeting the college-readiness benchmark. Distances are in a straight line.

Sources: U.S. Department of Education, NCES Common Core of Data; U.S. Department of Education, NCES EDGE school district boundaries; Indiana Department of Education, Data Center & Reports; U.S. Department of Education, NCES Private School Survey; Indiana Department of Education, Choice Scholarship participating schools.

Indiana Home Match doesn't rate or rank schools. Attendance boundaries change, so confirm with the district before you buy.

Area guide

Living in Fort Wayne

Neighborhoods, schools, cost of living and local housing trends — our guide to life in Fort Wayne.

Read the Fort Wayne guide

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