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Pending
  • Price cut: $25K (3/17)
    $525,000

    1821 E Pontiac St, Fort Wayne, IN 46803

    8beds
    4,958sqft
    : 
    Eightplex
    Built in 1965
    -- sqft lot
    $494,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This fully occupied 8-unit apartment complex in East Pontiac is a fantastic investment opportunity! Most units are leased to reliable tenants, ensuring consistent rental income. The owner covers water, sewage, and trash services, while tenants are responsible for their own electric and gas utilities, keeping overhead costs manageable. The property is well-maintained, with strong rental demand in the area. Located in East Pontiac, this complex offers easy access to local amenities and public transportation. Don't miss out on this turnkey investment with immediate cash flow! 2 units are currently rented out as Section-8.
    90 days
    on Zillow
    |
    667
    |
    42
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 02, 2025 at 07:01pm

    Listed by:

    Noah DeVille Cell:260-243-1435,

    CENTURY 21 Bradley Realty, Inc

    Source: IRMLS,MLS#: 202503983MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Electric, Baseboard
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Ceramic Tile, Laminate, Mixed, Vinyl Tile
    • Basement: Concrete
    Interior area
    • Total structure area: 4,958
    • Total interior livable area: 4,958 sqft
    • Finished area above ground: 4,958
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 90 x 97
    • Features: Corner Lot, Irregular Lot, 0-2.9999
    Details
    • Additional structures: None
    • Parcel number: 021307355016.000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Eightplex
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: None
    Location
    • Region: Fort Wayne

    Financial & listing details

    • Tax assessed value: $203,400
    • Annual tax amount: $4,698
    • Date on market: 2/7/2025
    • Inclusions: Building
    • Lease term: Month To Month,12 Months
    • Total actual rent: 78300
    • Tenant pays: Cooling, Electricity, Heating
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