1437 Oakland St Fort Wayne, IN 46808
Hamilton NeighborhoodEstimated payment $1,216/month
Total Views
11,804
5
Beds
2
Baths
2,003
Sq Ft
$84
Price per Sq Ft
Highlights
- Wood Flooring
- Covered Patio or Porch
- 2 Car Detached Garage
- Corner Lot
- Fenced Yard
- Forced Air Heating and Cooling System
About This Home
This fully remodeled, income-producing duplex is ideally located just minutes from the heart of downtown Fort Wayne. ALL UNITS AND GARAGE ARE CURRENTLY LEASED, offering immediate cash flow and strong rental appeal. $2345 Monthly! The lower unit features updated flooring, modern lighting, central A/C (2021), and laundry hookups, with potential to convert to a 3-bedroom layout. The upper unit offers similar finishes and exclusive access to a fenced backyard—highly desirable for tenants. Additionally, the detached one-car garage is separately leased, providing an extra stream of passive income. With separate meters, electric panels, furnaces, and water heaters (all updated in 2021), this low-maintenance property is perfectly positioned for long-term growth and effortless management. A rare opportunity to own a fully leased, turnkey investment in one of Fort Wayne’s most sought-after areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,539
Year Built
- Built in 1900
Lot Details
- 5,904 Sq Ft Lot
- Lot Dimensions are 41x144
- Fenced Yard
- Chain Link Fence
- Corner Lot
Home Design
- Duplex
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Partially Finished Basement
- Block Basement Construction
- Laminate Countertops
- Washer Hookup
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- Off-Street Parking
Schools
- Bloomingdale Elementary School
- Lakeside Middle School
- North Side High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, maintenance
- Assessor Parcel Number 02-12-03-233-010.000-074
Community Details
Overview
- 2 Units
- L F Curdes Subdivision
Amenities
- Community Storage Space
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,685
- Maintenance Expense $1,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,576 | $154,800 | $16,400 | $138,400 |
| 2023 | $3,576 | $156,400 | $16,400 | $140,000 |
| 2022 | $3,144 | $139,900 | $16,400 | $123,500 |
| 2021 | $1,608 | $71,800 | $5,100 | $66,700 |
| 2020 | $1,510 | $69,000 | $5,100 | $63,900 |
| 2019 | $1,093 | $50,200 | $4,700 | $45,500 |
| 2018 | $1,081 | $49,300 | $5,000 | $44,300 |
| 2017 | $900 | $40,700 | $5,100 | $35,600 |
| 2016 | $872 | $40,000 | $5,200 | $34,800 |
| 2014 | $671 | $32,300 | $4,600 | $27,700 |
| 2013 | $785 | $37,800 | $8,500 | $29,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $169,000 | -5.6% | $84 / Sq Ft |
| 08/13/2025 08/13/25 | Price Changed | $179,000 | -5.3% | $89 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $189,000 | -3.1% | $94 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $195,000 | -2.5% | $97 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $199,900 | -- | $100 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $126,837 | Trademark Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | Investors Titlecorp | |
| Sheriffs Deed | $58,565 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $603,268 | Commercial | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $29,000 | Stand Alone Second | |
| Previous Owner | $23,400 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in Fort Wayne, IN
Source: Indiana Regional MLS
MLS Number: 202518760
APN: 02-12-03-233-010.000-074
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