Located just steps from Lakeside Park, this FULLY RENTED QUADPLEX offers a strong investment opportunity in a highly desirable area of Fort Wayne's historical district. The property consists of four units, including three one-bedroom, one-bathroom apartments and one efficiency unit, providing a diverse rental mix and steady income stream. Tenants pay for electricity individually, with separate electric meters for each unit, helping streamline expenses. Ideally situated within walking and biking distance of downtown attractions, local shops, restaurants, and community events, this property offers a highly desirable location for tenants. A solid addition to any investment portfolio! Professional property management is already in place, making this an excellent opportunity for both experienced and first-time investors seeking a turnkey multifamily asset in a strong rental market.
Active
$250,000
708 Columbia Ave, Fort Wayne, IN 46805
4beds
2,660sqft
Quadruplex
Built in 1890
-- sqft lot
$242,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days |
- 466 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Kathy Hutchins Cell:260-609-3570,
CENTURY 21 Bradley Realty, Inc
Source: IRMLS,MLS#: 202623519
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Walk-In Closet(s), Laminate Counters
- Flooring: Carpet, Vinyl Tile, Wood, Vinyl
- Basement: Crawl Space,Unfinished
- Attic: Storage
Interior area
- Total structure area: 3,800
- Total interior livable area: 2,660 sqft
- Finished area above ground: 2,660
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage, Gravel, Off Street, On Street, Off Street Parking
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
Lot
- Size: 6,969 Square Feet
- Dimensions: 45X150
- Features: Level, Historic Designation, Planned Unit Development, City/Town/Suburb, Near Walking Trail, Historic District
Details
- Additional structures: None
- Parcel number: 021201157004.000074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lakeside Park
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $308,900
- Annual tax amount: $6,951
- Date on market: 6/15/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land, Lease, Other
- Lease term: 12 Months
- Total actual rent: 34980
- Tenant pays: Electricity, Snow Removal
Estimated market value
$242,000
$230,000 - $254,000
$1,034/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $250,000-7.4% |
Source:  IRMLS #202623519 Report a problem | ||
| 12/4/2025 | Listing removed | $270,000 |
Source: IRMLS #202520857 Report a problem | ||
| 7/30/2025 | Price change | $270,000-1.8% |
Source: IRMLS #202520857 Report a problem | ||
| 7/2/2025 | Listed for sale | $275,000 |
Source: IRMLS #202520857 Report a problem | ||
| 6/12/2025 | Pending sale | $275,000 |
Source: IRMLS #202520857 Report a problem | ||
| 6/3/2025 | Listed for sale | $275,000+37.5% |
Source: IRMLS #202520857 Report a problem | ||
| 1/20/2023 | Sold | $200,000-4.8% |
Source: IRMLS #202245494 Report a problem | ||
| 12/22/2022 | Pending sale | $210,000 |
Source: IRMLS #202245494 Report a problem | ||
| 12/21/2022 | Price change | $210,000-6.7% |
Source: IRMLS #202245494 Report a problem | ||
| 11/3/2022 | Listed for sale | $225,000 |
Source: IRMLS #202245494 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,840 +20.6% | $308,900 +45.9% |
| 2024 | $4,012 +36.2% | $211,700 +20.6% |
| 2023 | $2,946 +1.8% | $175,500 +33.9% |
| 2022 | $2,894 +45.6% | $131,100 +1.5% |
| 2021 | $1,987 +69.9% | $129,200 +42.3% |
| 2020 | $1,169 -0.7% | $90,800 +69.1% |
| 2019 | $1,177 -52.4% | $53,700 |
| 2018 | $2,475 +111.5% | $53,700 |
| 2017 | $1,170 +4.1% | $53,700 |
| 2016 | $1,124 -2% | $53,700 -2.7% |
| 2014 | $1,147 -16.9% | $55,200 -17% |
| 2013 | $1,380 +3.8% | $66,500 |
| 2011 | $1,330 | $66,500 |
| 2010 | -- | $66,500 +2.3% |
| 2007 | -- | $65,000 -26.3% |
| 2005 | -- | $88,200 |
| 2004 | -- | $88,200 +120% |
| 2001 | -- | $40,100 +199.9% |
| 1999 | -- | $13,370 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Northside
Nearby schools
GreatSchools rating
- 4/10Forest Park Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Lakeside Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10North Side High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Forest Park
- Middle: Lakeside
- High: North Side
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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