$170,000
This cash-flowing duplex is a strong investment opportunity located just minutes from downtown Fort Wayne. The property features a 2-bedroom, 1-bath main floor unit currently renting for $750/month, along with a 1-bedroom, 1-bath upper unit generating $850/month—bringing total monthly income to $1,600. Utilities are efficiently structured with two 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, and tenants provide their own air conditioning units. The owner currently covers lawn care, and the property is professionally managed, offering a turnkey, low-maintenance investment for both seasoned and new investors alike.
Take Spy Run Ave just North of Downtown, go right on Anderson, home on the south side of the street
| MLS # | 202611004 |
|---|---|
| Date Listed | 2026-04-01 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Finished Square Feet | 1620 sqft |
| Total Square Feet | 2472 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Annual Taxes | $1,200.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1925 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 18 |
| Living Room | 1 × 0 | Level |
| Family Room | 850 × | Level |
| 4th Bedroom | 2 × 1 | Level |
| 5th Bedroom | 2 × 2 | Level |
| Full Baths | 3 Main |
| Construction | Duplex |
|---|---|
| Lot Size | 4,356 sq ft |
| Acreage | 0.10 Acres |
| Lot Dimensions | 40x105 |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46805 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Forest Park |
| Middle School | Lakeside |
| High School | North Side |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202611004
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.
Listing Provided Courtesy of Tammie Jones
Open Door Rentals and Real Est
Listing updated April 7, 2026 at 12:36 pm
Last checked 11 minutes ago