Four-Plex Investment Opportunity in Fort Wayne! Discover the epitome of hassle-free real estate investment with this unique four-plex property nestled in the heart of Fort Wayne. Boasting a lucrative portfolio of short-term and mid-term rentals exclusively on Airbnb, this income-generating gem offers a turnkey solution for savvy investors. Limited Showings - Let the Photos Speak: Due to the continuous stream of bookings, showings are limited. Please rely on photos and Airbnb listings for interior views. Strategic Booking Window for Showings: While all four units enjoy high demand, we understand the importance of on-site viewings. Select days between reservations are available for showings. For detailed availability, please inquire, and we'll gladly accommodate your schedule. Diverse Living Spaces: Experience variety with two studio apartments, a one-bedroom retreat, and a spacious two-bedroom haven. The rental history reflects an impressive monthly average of $700-$916 per door over the last 12 months, after management and cleaning fees. Upgraded Features and Smart Technology: This property is not just about aesthetics; it's about smart living. A new roof (2022), fresh gutters (2023), and the removal of a second-story porch enhance both functionality and curb appeal. Embrace modern living with a smart thermostat and three temperature sensors, ensuring optimal comfort in every unit. Fully Furnished - From Essentials to Extras: Invest with confidence in this turnkey property where each unit is fully furnished, right down to the salt and pepper shakers. The price reflects an As-Is turnkey income property, inclusive of furniture and appliances. The current management is ready to seamlessly continue operations if desired. Prime Location for Enjoyment and Convenience: Situated between the River Greenway, Wells Street Corridor, and downtown, this property is a haven for both tenants and guests. Take advantage of the miles of nearby trail systems, perfect for biking enthusiasts. Abundant off-street parking ensures hassle-free experiences for all. Flexible Investment - Regular Rental or Airbnb Delight: Explore the flexibility of this investment. The property can easily be converted back to regular annual rentals by removing furniture, etc.
Closed
$285,000
1106 Columbia Ave, Fort Wayne, IN 46805
5beds
1,700sqft
Quadruplex
Built in 1976
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 26, 2024 at 07:19am
Listed by:
Heather Nave Cell:260-610-4418,
Coldwell Banker Real Estate Group
Bought with:
Lyla Moody, RB22000670
American Dream Team Real Estate Brokers
Source: IRMLS,MLS#: 202401529

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Ceiling Fan(s)
- Flooring: Mixed
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 3,024
- Total interior livable area: 1,700 sqft
- Finished area above ground: 1,700
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Off Street Parking
Features
- Levels: One and One Half
- Stories: 2
Lot
- Size: 6,969 sqft
- Dimensions: 45X150
- Features: Level
Details
- Additional structures: None
- Parcel number: 021201251002.000074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Foundation: Basement
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: Indiana Michigan Power
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Green energy
- Energy efficient items: Thermostat
Community & neighborhood
Location
- Region: Fort Wayne
- Subdivision: Lake Side / Lakeside
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.