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.
Pending
Price cut: $25K (3/17)
$525,000
1821 E Pontiac St, Fort Wayne, IN 46803
8beds
4,958sqft
Est.:
Eightplex
Built in 1965
-- sqft lot
$494,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 202503983

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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