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  • $488,500

    1660 Saint Joe Blvd, Fort Wayne, IN 46805

    10beds
    4,550sqft
    Sixplex
    Built in 1951
    -- sqft lot
    $490,500 Zestimate®
    $--/sqft
    $1,553 Estimated rent

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    $1,553/mo

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    $2,857/mo

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    $2,857/mo

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    What's special

    In the market for your next income-generating property? Check out this charming 1951 original brick 5-unit apartment building, newly renovated and located near downtown Fort Wayne, right along the scenic St. Joe River. This property features modern updates throughout, with each unit offering front and back entrances for added convenience. Four of the five units are currently occupied, so you’ll enjoy immediate income potential. The seller has taken great care of this property, with a roof replacement in 2022 and resolving and paying for all prior code violations. There's also a detached garage with four private bays, perfect for additional rental income. Sitting on half an acre, this property provides room for expansion. With completed surveys, CAD plans, and engineering quotes provided by the seller, you're ready to add eight more units to maximize its earning potential. Don’t miss this opportunity to own a property that’s ready to generate income from day one—with even more potential for the future!

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2025 at 08:00am

    Listed by:

    Jerry Starks Off:260-969-2709,

    JM Realty Associates, Inc.,

    Cheyenne Moss,

    JM Realty Associates, Inc.

    Bought with:

    Johanna Pardon, RB18000867

    Mike Thomas Assoc., Inc

    Source: IRMLS,MLS#: 202447689MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Storage, Laminate Counters
    • Flooring: Carpet, Laminate
    • Basement: Partially Finished,Concrete
    Interior area
    • Total structure area: 9,090
    • Total interior livable area: 4,550 sqft
    • Finished area above ground: 3,600
    • Finished area below ground: 950

    Property

    Parking
    • Total spaces: 8
    Accessibility
    • Accessibility features: ADA Features
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • Waterfront features: Waterfront, River Front, River
    • Body of water: Saint Joseph River
    Lot
    • Size: 0.42 Acres
    • Dimensions: 110x193
    • Features: Near Walking Trail
    Details
    • Additional structures: None
    • Parcel number: 020736381001.000074
    • Zoning: R3
    • Zoning description: Multi-Family Residential Development

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Sixplex
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Electric: AEP/I&M
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Citizens Water

    Community & neighborhood

    Location
    • Region: Fort Wayne
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 60000

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $490,500
    2% more+$9,810
    With Zillow Showcase(estimated)$500,310