$124,900

Estimated payment $895/month

Total Views 3,307
3 Beds
2 Baths
1,516 Sq Ft
$82 Price per Sq Ft

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!

Listing Agent

Brett Dennon

eXp Realty, LLC Brokerage Phone: 260-410-0217 Listed on: 08/07/2026

eXp Realty, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,523

Year Built

Built in 1920

Lot Details

5,600 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 166 W J & M S VESEYS 3RD ADDITION
  • Parcel Number ID: 02-12-15-233-011.000-074
  • Platted: Yes
  • Amenities: Basement, Water Heater Gas, Washer Hook-Up
  • Cross Street: Cottage
  • Special Features: None

Interior Features

  • Total Sq Ft: 2316
  • Total Finished Sq Ft: 1516
  • Above Grade Finished Sq Ft: 1516
  • Below Grade Sq Ft: 800
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1489.92
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1

Schools

  • Elementary School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40X140
  • Estimated Lot Sq Ft: 5600
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 166

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 2522.6

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: South Side
  • Middle School: Portage
  • School District: Fort Wayne Community

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Indiana Regional MLS

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 --
Source: Public Records

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: Public Records

Source: Indiana Regional MLS

MLS Number: 202632110

Indiana Regional MLS

APN: 02-12-15-233-011.000-074

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