An exceptional opportunity to own a fully renovated, professionally managed fourplex in one of Fort Waynes most vibrant and sought-after locations. Perfectly positioned near Parkview Field, Electric Works, and The Fairfield, this charming multi-family property offers a strong blend of consistent cash flow and long-term appreciation potential. The property includes a total of four units: three well-designed 1 bedroom, 1 bathroom units, and one larger 2 bedroom, 1.5 bathroom unitideal for attracting a variety of tenants. Two of the units are currently operating as short-term Airbnb rentals. The remaining two units are leased as long-term rentals, providing steady, reliable income. Each unit is professionally managed by industry experts, making this a truly hassle-free investment. In 2021, the property underwent a comprehensive renovation, including a brand-new roof, all new windows, updated plumbing and electrical systems, and new appliances. Whether youre a seasoned investor or just beginning to build your portfolio, this fourplex checks every boxlocation, condition, and income. With continued growth and development in downtown Fort Wayne, this is the kind of property that only gets more valuable with time. Dont miss your chance to own a rare, turnkey investment in a rapidly growing market.
Listing Courtesy of INDIANA REGIONAL MLS, INC / Century 21 Bradley Realty, Inc. / Ashley Davidson
$249,900
Fort Wayne Area Multi-Family Home
Active
517 Lavina Street Fort Wayne, IN 46802
2 Bed
2 Baths
1184 sqft
MLS# 202524103
Welcome to an exceptional investment opportunity in the heart of downtown Fort Wayne! This beautifully updated duplex sits in a highly desirable location just steps away from Parkview Field, Electric Works, and The Fairfield! Whether you're looking to expand your portfolio or dive into short-term rentals, this property checks all the boxes. Each unit features 1 bedroom and 1 full bathroom, with thoughtfully designed interiors that maximize comfort and functionality. The property is currently operating as a successful Airbnb and is professionally managed, offering a true turnkey experience for the next owner. In 2022, the property underwent a complete renovationinside and out. The exterior boasts new siding, fascia, gutters, windows, a welcoming front porch, and a brand-new roof. Inside, no detail was overlooked. The property was fully gutted down to the studs and rebuilt with new framing, electrical, plumbing, insulation, and modern mini-split HVAC systems. This is a rare opportunity to own a cash-flowing, low-maintenance property in one of the most vibrant and fast-growing areas of Fort Wayne. Whether you continue its use as a short-term rental or convert it to long-term tenants, the potential here is outstanding!
Listing Courtesy of INDIANA REGIONAL MLS, INC / Century 21 Bradley Realty, Inc. / Ashley Davidson