$139,900
PENDING $10K PRICE DROP

Estimated payment $938/month

Total Views 23,062
3 Beds
2 Baths
2,072 Sq Ft
$68 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Double Vanity
  • Tile Flooring
  • Cedar Closet
  • Shed
  • 1-minute walk to Bass Park

About This Home

Discover an exceptional income-generating opportunity with this beautifully renovated duplex. Offering a total of 2,072 sq ft of stylish living space, this property features two distinct units, both currently tenanted for immediate returns. Currently the total rent is $1475/mo with all utilities paid by the tenants The first unit provides a chic one-bedroom, one-bathroom layout, ideal for urban professionals. The second, larger unit offers comfortable living with two bedrooms and one well-appointed bathroom. This can be additionally purchase with 307 W Williams for a total of 6 units or this would make a fantastic house hack for a newer investor wanting to maximize their downpayment! Enjoy the convenience of the off-street parking. The property's prime location offers enviable proximity to the green spaces of McCulloch Park and Bass Park, the entertainment at Parkview Field, and the botanical wonders of Foellinger-Freimann Conservatory. Downtown's vibrant attractions are also within easy reach, just a 15-minute stroll away. This meticulously maintained and fully rented duplex presents a rare chance to secure a premium investment in a sought-after locale, promising consistent cash flow and strong long-term value.

Listing Agent

Jordan Wildman

eXp Realty, LLC Brokerage Phone: 260-498-0384 Listed on: 05/02/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,816 Sq Ft Lot
  • Lot Dimensions are 48x142
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Double Vanity

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

  • Fairfield Elementary School
  • Kekionga Middle School
  • South Side High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 02-12-11-252-017.000-074
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Brandriff & Ayers Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,067
  • Maintenance Expense $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1911
  • Age: 114
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BRANDRIFF & AYRES ADD LOT 47
  • Parcel Number ID: 02-12-11-252-017.000-074
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Closet(s) Cedar, Porch Covered, Twin Sink Vanity
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Surface: Paved
  • Monthly Gross Income: 1475
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3092
  • Total Finished Sq Ft: 2072
  • Above Grade Finished Sq Ft: 2072
  • Below Grade Sq Ft: 1020
  • Price Per Sq Ft: 67.52
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Mixed, Tile, Vinyl
  • Main Level Sq Ft: 1020
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1020
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 160

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 1067
  • Annual Maintenance Expense: 1600
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Fairfield
  • Middle School: Kekionga
  • High School: South Side
  • Elementary School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48X142
  • Estimated Lot Sq Ft: 6816
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 47

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1475
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3525.32

MLS Schools

  • High School: South Side
  • Middle School: Kekionga
  • 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

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 $2,311 $154,200 $22,200 $132,000
2023 $2,311 $101,100 $22,200 $78,900
2022 $1,926 $85,700 $11,600 $74,100
2021 $1,073 $47,900 $3,600 $44,300
2020 $856 $39,100 $2,900 $36,200
2019 $830 $38,100 $2,800 $35,300
2018 $1,083 $49,400 $5,600 $43,800
2017 $920 $41,600 $5,600 $36,000
2016 $898 $41,200 $5,600 $35,600
2014 $559 $26,900 $4,000 $22,900
2013 $363 $17,500 $2,600 $14,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $139,900 -6.7% $68 / Sq Ft
05/02/2025 05/02/25 For Sale $149,900 +24.9% $72 / Sq Ft
03/30/2023 03/30/23 Sold $120,000 0.0% $57 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $120,000 +50.0% $57 / Sq Ft
04/30/2021 04/30/21 Sold $80,000 -5.9% $76 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $85,000 -- $81 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $80,000 None Available
Deed -- Fidelity National Ttl Co Llc
Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity Natl Title Co Llc
Quit Claim Deed -- None Available
Warranty Deed -- --
Sheriffs Deed $13,569 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Closed $90,000 New Conventional
Previous Owner $69,000 Future Advance Clause Open End Mortgage
Previous Owner $35,000 Construction
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202515845

Indiana Regional MLS

APN: 02-12-11-252-017.000-074