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Executive Summary

Opportunity is knocking! This expansive property offers nearly 27,000 square feet of space and is packed with potential for the right buyer with vision. Previously used as a women’s group home, the layout provides a unique and versatile setup that could be reimagined for a variety of uses. Inside, you’ll find numerous rooms, many if not all already plumbed for half baths—along with multiple kitchen areas, making it ideal for multi-unit conversion, assisted living, group housing, or other investment opportunities. Each end of the building features apartment-style living quarters, previously used for on-site management. The property also includes the vacant lot,adding even more flexibility for expansion, additional parking, or future development. Behind the building, there is a large parking area.

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Property Facts

Price $412,449 CAD
Price Per Unit $6,249 CAD
Sale Type Investment
Cap Rate 1%
Sale Conditions
Distress Sale
  • Deferred Maintenance
No. Units 66
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.68 AC
Building Size 27,000 SF
Average Occupancy 0%
No. Stories 2
Year Built 1920
Parking Ratio 1.19/1,000 SF
Zoning R3
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
02-12-12-458-014.000-074
Land Assessment
$9,899 CAD
Improvements Assessment
$128,409 CAD
Total Assessment
$138,308 CAD
  • Listing ID: 40568596

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 2430-2440 Bowser Ave, Fort Wayne, IN 46803

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