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Michigan Avenue Multifamily Home for Sale

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    $144,900

    • 2 Beds
    • 2 Baths
    • 1,252 Sq Ft

    1510 Taylor St, Fort Wayne, IN 46802

    Experience immediate returns with this FULLY OCCUPIED 1,252 sqft DUPLEX delivering $1,453/month in rental income from day one! Each 1-bedroom, 1-bath unit has been thoughtfully remodeled in 2021 with new flooring, paint, kitchens, and baths. The upstairs unit underwent a full gut renovation down to the studs, including new electrical and windows, ensuring long-term durability and appeal. Both

    Jordan Wildman eXp Realty, LLC

    1510 Taylor St, Fort Wayne, IN 46802

Why Live in Michigan Avenue

Michigan Avenue in Fort Wayne is experiencing a revitalization, with investors renovating historic homes and starting new businesses. Located just south of downtown, this neighborhood benefits from the nearby Electric Works, a live-work space in the old GE headquarters. Residents frequent Union Street Market for diverse dining options, including barbecue, Thai, pizza, and Mexican cuisine, as well as fresh produce and gourmet cheeses. George's International Market is another popular grocery destination, offering Mediterranean and Mexican specialties. The neighborhood features early 20th-century Craftsman bungalows and Neoclassical cottages, many with large front windows and porches. While some homes have been fully renovated, others offer opportunities for buyers willing to invest in updates. The area is walkable, with tree-lined streets and narrow lots, and parking is available through street spots, single-car garages, or driveways. Outdoor attractions include McCulloch Park, with its paved walkways, playground, and picnic areas, and the nearby St. Mary’s River, which offers a walking trail, boat tours, and paddleboarding in the summer. Indoor activities are easily accessible downtown, such as the Fort Wayne Museum of Art and events at the Allen County Public Library. The city hosts several large events annually, including the Three Rivers Festival, the Festival of Trees, and the Johnny Appleseed Festival. Michigan Avenue is two miles from downtown employers and seven miles from Fort Wayne International Airport. The neighborhood is a bit distant from Interstates 69 and 469 but close to Lafayette Street, a major downtown thoroughfare. Schools in the area include Fairfield Elementary, Kekionga Middle School, and South Side High School, which have average ratings.

Home Trends in Michigan Avenue, IN

Housing Trends

Median Sale Price
$122,500
Median Single Family Sale Price
$135,000
Average Price Per Sq Ft
$68
Number of Homes for Sale
3
Last 12 months Home Sales
10
Months of Supply
3.60
Median List Price
$159,999
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
7%
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