2927 Broadway Fort Wayne, IN 46807
Historic South Wayne NeighborhoodEstimated payment $895/month
Highlights
- Forced Air Heating System
- Level Lot
- Carpet
About This Home
Instant portfolio upgrade! This fully leased duplex offers immediate rental income with both units occupied by established tenants. The upper unit is leased through May 2027, while the lower unit is leased through October 2026, providing stable cash flow for the next owner. Tenants are responsible for their own gas and electric utilities. The owner maintains the water, sewer, and trash accounts, with each tenant reimbursing $40 per month for these services as outlined in their lease. This is an excellent opportunity to add a strong income-producing property to your investment portfolio. Don't miss this exceptional value and turnkey investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,523
Year Built
- Built in 1920
Lot Details
- 5,600 Sq Ft Lot
- Lot Dimensions are 40x140
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Washer Hookup
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Block Basement Construction
- Laundry in Basement
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Fairfield Elementary School
- Portage Middle School
- South Side High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 02-12-15-233-011.000-074
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Water Sewer Expense $1,490
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,523 | $112,100 | $17,700 | $94,400 |
| 2024 | $1,806 | $116,200 | $19,700 | $96,500 |
| 2022 | $1,751 | $77,900 | $12,400 | $65,500 |
| 2021 | $965 | $43,100 | $3,300 | $39,800 |
| 2020 | $770 | $35,200 | $2,900 | $32,300 |
| 2019 | $747 | $34,300 | $3,000 | $31,300 |
| 2018 | $989 | $45,100 | $5,000 | $40,100 |
| 2017 | $887 | $40,100 | $5,000 | $35,100 |
| 2016 | $824 | $37,800 | $5,000 | $32,800 |
| 2014 | $611 | $29,400 | $5,200 | $24,200 |
| 2013 | $614 | $29,600 | $5,200 | $24,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $124,900 | -- | $82 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $37,000 | Trademark Title | |
| Warranty Deed | -- | Trademark Title | |
| Corporate Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Available | |
| Corporate Deed | -- | Lincoln Title | |
| Corporate Deed | -- | -- | |
| Sheriffs Deed | $39,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $51,300 | Fannie Mae Freddie Mac |
Source: Indiana Regional MLS
MLS Number: 202632110
APN: 02-12-15-233-011.000-074
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Ask me questions while you tour the home.