1821 E Pontiac Street, Fort Wayne, IN 46803

$574,900

Don’t miss this excellent income-producing opportunity! This fully rented 8-unit building features eight 1-bedroom, 1-bath units, delivering immediate and consistent cash flow. Recent updates include brand new exterior siding and a roof recoated within the past year for added durability and reduced maintenance. Units have been refreshed with interior updates… Read MoreRead Less

Courtesy of Noah DeVille, CENTURY 21 Bradley Realty, Inc Cell: 260-243-1435

Listing Snapshot

Days Online

Last Updated

Apr 2, 2026

Property Type

Eightplex

Square Ft.

4,958

Lot Size

0.2 Acres

Year Built

1965

MLS Number

202611166

30 Days Snapshot Of 46803

$133k

-11%

(avg) sold price

homes sold

-4%

(avg) days on market

Snapshot

Area Map

Additional Details

Amenities

Water Heater Gas

Appliances & Equipment

# of Ranges/Ovens: 8, # of Refrigerators: 8

Basement

Slab

Building

Above Grade Finished SqFt: 4,958, Age: 61, New Construction: No, Stories: 2, Style: Two Story, Total Finished SqFt: 4,958, Total SqFt: 4,958, Year Built: 1965

Expenses

Annual Insurance Expense: $2,200, Annual Maint. Expense: $6,900, Annual Trash Expense: $2,400, Annual Water/Sewer Exp.: $4,320

Exterior Features

Vinyl

Floors

Vinyl

Heating

Electricity

Home Owner's Association

Dues Frequency: Not Applicable

Income

Annual Net Income: $59,980, Gross Monthly Income: $6,850

Lot

Approx. Acres: 0.2, Approx. SqFt: 8,712, Dimensions: 90x97, Corner

Owner Pays

Building Insurance, Maintenance, Parking, Sewer, Snow Removal, Tax, Trash Collection, Water

Parking

Spaces: 8

Pets Policy

Restrictions Y/N: Yes

Property

Num. of 1 Bedrooms: 8, Number of Units: 8

Sewer

City

Taxes

Annual Property Tax: $4,600

Tenant Pays

Alarm, Cable, Cooling, Electric, Fuel, Heating

Unit One

Rent: $850, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Unit Two

Rent: $850, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Unit Three

Rent: $850, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Unit Four

Rent: $850, Rent Frequency: Monthly, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Unit Five

Rent: $850, Rent Frequency: Monthly, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Unit Six

Rent: $850, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Tenant

Utilities

# Electric Meters: 9, # Gas Meters: 8, # Water Meters: 1, City

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