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Map

Directions

From downtown, take Spy Run Avenue north to Anderson Avenue, and turn right. The property will be on your right.

Description

Turn-key investment opportunity in Fort Wayne with a professionally managed, fully rented duplex. It’s in the “05” area of Fort Wayne, the 46805 zip code, popular with many as a great area to live in. It’s an up and down duplex, with separate entrances, with a total of 4 bedrooms and 2 baths. Utilities are handled as follows: there are two separate electric meters, one gas meter (serving the lower unit with gas heat), and a single water meter, with water and sewer expenses allocated through a RUBS (Ratio Utility Billing System). The upper unit is fully electric, with the tenants providing their own air conditioning units. The owner currently covers lawn care, and as noted before, the property is professionally managed, making it easy to own your first investment property, or add to your portfolio. This is a solid investment opportunity, just minutes from downtown Fort Wayne, and much of the entertainment, dining, and shopping that Fort Wayne has to offer. Approximate driving distances to different places in Fort Wayne, from this property, are as follows: Science Central (3), Promenade Park (4), Fort Wayne Museum of Art (4), Lakeside Park and Rose Garden (4), The History Center (4), Historic Old Fort (4), Glenbrook Square Mall (4), Fort Wayne Public Library’s main branch (5), Foellinger-Freimann Botanical Conservatory (5), Foellinger Theatre (5), Allen County War Memorial Coliseum (5), Indiana Tech (5), Parkview Field (6), Fort Wayne Zoo (6), Embassy Theatre (6), Grand Wayne Convention Center (6), Parkview Randallia hospital (6), Purdue University Fort Wayne (6), Ivy Tech Community College (6), Electric Works (7), University of Saint Francis (7), Jefferson Pointe (10), Sweetwater (10), Clyde Theatre (11), Parkview North Regional Medical Center (13), Dupont Hospital (13), Fort Wayne Metals (17), Fort Wayne International Airport (18), Lutheran Hospital (18), General Motors truck plant (21). Present and future potential tenants can be close to some of Fort Wayne’s top employers and most visited attractions. This could be a great place for someone to live in one unit, and rent the other, though possession dates would be subject to tenants’ lease rights.

Details

  • Property Details

  • MLS #:
    202639973
  • Price
    $165,000
  • Bedrooms
    4
  • Baths Total
    2
  • Full Baths
    2
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.1
  • Approx. Lot Size SqFt
    4,200
  • Class
    Investment
  • DOM
    6
  • Lot Dimensions
    40 x 105
  • New Construction
    No
  • Parcel ID#
    02-12-01-102-006.000-074
  • Property Sub-Type
    Duplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Fairview Place
  • Total Finished SqFt
    1,620
  • Total SqFt
    2,472
  • Year Built
    1925
  • Zip
    46805-4104
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: October 23 2026, 5:48 AM

Listing courtesy of: Andy Zoda, Coldwell Banker Real Estate Gr

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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