$550,000

1821 E Pontiac St Fort Wayne, IN 46803

$6,531
Closing credit¹
0.2 acres
Multi-Family

Property details

About 1821 E Pontiac St

This fully occupied 8-unit apartment complex in East Pontiac is a fantastic investment opportunity! Most units are leased to reliable tenants, ensuring consistent rental income. The owner covers water, sewage, and trash services, while tenants are responsible for their own electric and gas utilities, keeping overhead costs manageable. The property is well-maintained, with strong rental demand in the area. Located in East Pontiac, this complex offers easy access to local amenities and public transportation. Don't miss out on this turnkey investment with immediate cash flow! 2 units are currently rented out as Section-8.

Highlights

Home typeMulti Family
HeatingElectric, Baseboard
StatusActive
CoolingWindow Unit(s)
Lot size0.2 Acres
Year built1965
MLS #202503983

Virtual tour

Summary

  • MLS Number: 202503983
  • Office Name: CENTURY 21 Bradley Realty, Inc
  • Office Phone: (260) 243-1435
  • Listing Agent: Noah DeVille

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$550,000

1821 E Pontiac St

$6,531

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 26, 2019
Home Sold
$40,714
Jun 14, 2019
Home Sold
$46,586
Jul 23, 2013
Home Sold
$58,000
Jun 04, 2013
Home Sold
$45,000

Tax history

YearAssessmentProperty Tax
2023$205,500$4,698
2022$86,800$1,925
2021$88,000$1,925
2020$88,000$1,916
2019$88,000$1,928
2017$86,500$1,913

History based on county public records data.

Nearby schools

5

John S Irwin Elementary School

Public Magnet KG-5

0.5 mi

3501 S Anthony Blvd

6

Weisser Park Elementary School

Public Magnet 1-5

0.6 mi

902 Colerick St

3

Adams Elementary School

Public District PK-5

0.9 mi

3000 New Haven Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,600. Typical income of Fort Wayne, IN residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

68%
<35k
29%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

53%
Single, No Kids
20%
Single, with Kids
14%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
22%
18-34 yrs old
31%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating
  • UFCUFC

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken
  • Burger KingBurger King

What do the neighbors drive?

  • KiaKia
  • CadillacCadillac
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • JazzJazz
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1821 E Pontiac St in Fort Wayne, IN and zip code 46803 in the Renaissance Pointe neighborhood. This home, which was built in 1965, sits on a 0.20 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $550,000.

In January 2025 more than 31 listings in Fort Wayne, IN were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 123 were sold below. The number of listings in Fort Wayne, IN increased by 0.1% between December and January 2025. While the average time on the market in January 2025 was 23 days, the median list price was $238,700.

From Rocket Homes Real Estate and based on county public records data.

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