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817 W Wayne St 6 Unit Apartment Building $1 ($0/Unit) Fort Wayne, IN 46802
Executive Summary
For Sale by Court Appointed Auctioneer. Rare 6-unit multifamily investment opportunity in Fort Wayne's West Central Historic District! Nearly 4,000 sq ft across six units, a grand covered porch, and finished basement units combine standout charm with real functionality. Surrounded by century-old homes, architectural landmarks, and tree-lined streets, this asset delivers strong rental demand, stable income, and long-term appreciation potential. Currently 2 of 6 units are occupied providing investors significant lease-up upside. Tenants benefit from the walkable lifestyle being just steps from downtown's shops, restaurants, and entertainment, while owners benefit from a desirable location in the heart of the social and business district.
SALE TERMS
This sale is being offered at public sale pursuant to IC 32-29-7.
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Winning bidder must wire the full purchase price amount plus Buyer's Premium to the Auctioneer by 5PM ET the day the auction ends.
Property is sold AS-IS, WHERE-IS.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
All bids are final. No bid can be withdrawn or amended.
SALE TERMS
This sale is being offered at public sale pursuant to IC 32-29-7.
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Winning bidder must wire the full purchase price amount plus Buyer's Premium to the Auctioneer by 5PM ET the day the auction ends.
Property is sold AS-IS, WHERE-IS.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
All bids are final. No bid can be withdrawn or amended.
Property Facts
| Price | $1.00 | Building Class | C |
| Price Per Unit | $0 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 3,993 SF |
| Sale Condition | Distress Sale | Average Occupancy | 33% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/1901 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $1.00 |
| Price Per Unit | $0 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,993 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/1901 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-12-02-361-004.000-074 | Improvements Assessment | $448,900 |
| Land Assessment | $74,400 | Total Assessment | $523,300 |
Property Taxes
Parcel Number
02-12-02-361-004.000-074
Land Assessment
$74,400
Improvements Assessment
$448,900
Total Assessment
$523,300
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817 W Wayne St
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