Here is an amazing opportunity to own a 5-plex near parkview field, Electric works, and The Fairfield wedding venue (opening summer of 2024) this property is part of The Fairfield ecosystem, as their wedding guests will be searching for accomodations near the venue. This 5-plex was fully renovated in 2023. This property features 5 units. All units are 1 bed 1 bath, and boasts new updated appliances! This property also features fully updated kitchens, bathrooms, and new flooring throughout! 4 units are currently listed on Airbnb with an impressive 90% occupancy rate! The 5th unit is currently leased through 2025. Airbnb bookings are still being accepted and managed by a property management company! Don't miss the opportunity to purchase a turn key business and build your investment portfolio!
Closed
$500,000
515 Lavina St, Fort Wayne, IN 46802
5beds
2,360sqft
Multi Family
Built in 1900
-- sqft lot
$474,300 Zestimate®
$--/sqft
$1,585 Estimated rent
Home value
$474,300
$432,000 - $517,000
$1,585/mo
Zestimate® history
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$3,017/mo
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Zillow last checked:
Listing updated:
Listed by:
Ashley Davidson Cell:260-416-2972,
CENTURY 21 Bradley Realty, Inc
Bought with:
Sarah Hubley, RB20001784
Mike Thomas Assoc., Inc
Source: IRMLS,MLS#: 202425442
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Vinyl
- Basement: Partial
Interior area
- Total structure area: 3,020
- Total interior livable area: 2,360 sqft
- Finished area above ground: 2,360
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,440 sqft
- Dimensions: 40x136
- Features: Level
Details
- Additional structures: None
- Parcel number: 021211133014.000074
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Fort Wayne
- Subdivision: G W Ewings
HOA & financial
Other financial information
- Total actual rent: 59000
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Listing removed | $850 |
Source: Zillow Rentals Report a problem | ||
| 1/28/2025 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 11/1/2024 | Sold | $500,000 |
Source:  IRMLS #202425442 Report a problem | ||
| 8/26/2024 | Pending sale | $500,000 |
Source: IRMLS #202425442 Report a problem | ||
| 7/10/2024 | Listed for sale | $500,000 |
Source: IRMLS #202425442 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,107 -25.6% | $451,600 +102.1% |
| 2024 | $6,863 +401.4% | $223,400 -25.6% |
| 2023 | $1,369 -7.3% | $300,200 +392.9% |
| 2022 | $1,476 -48.4% | $60,900 -7.6% |
| 2021 | $2,858 +185.9% | $65,900 -49.5% |
| 2020 | $1,000 +2.7% | $130,600 +184.5% |
| 2019 | $973 -28.5% | $45,900 +3.4% |
| 2018 | $1,360 | $44,400 -27.8% |
| 2017 | -- | $61,500 -16.4% |
| 2016 | -- | $73,600 +37.3% |
| 2014 | -- | $53,600 |
| 2013 | -- | $53,600 |
| 2010 | -- | $53,600 +5.5% |
| 2007 | -- | $50,800 -26.3% |
| 2005 | -- | $68,900 |
| 2004 | -- | $68,900 +150.5% |
| 2001 | -- | $27,500 |
Find assessor info on the county website
Neighborhood: West Central
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Portage Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Wayne High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Washington
- Middle: Portage
- High: Wayne
- District: Fort Wayne Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$474,300
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+$9,486
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$483,786
- Indiana
- Allen County
- Fort Wayne
- 46802
- West Central
- 515 Lavina St
Nearby cities
Nearby neighborhoods
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