Active

$250,000

708 Columbia Ave, Fort Wayne, IN 46805

4beds

2,660sqft

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Quadruplex

Built in 1890

-- sqft lot

$244,100 Zestimate^®

$--/sqft

$-- HOA

What's special

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.

24 days

851

32

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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

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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: 34620
Tenant pays: Electricity, Snow Removal

Estimated market value

$244,100

$232,000 - $256,000

$1,040/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

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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