$159,900
RARE 2-FOR-1 OPPORTUNITY!!! Two homes on one parcel offering strong income potential with both units already tenant occupied. This is a great opportunity for an investor looking for immediate cash flow. Both homes feature completely separate utilities, including split water, making management simple and efficient. The front home is a newer 3-bedroom, 1-bath property built in 1998 on a slab foundation. It has been nicely updated throughout, featuring a modern kitchen with an island and new cabinetry, updated flooring, and a refreshed bathroom. This unit is currently rented for $1,195 per month. The rear home is a 1-bedroom, 1-bath unit that has also been updated on the interior. It features electric heat and a tankless water heater, with a tenant in place paying $595 per month. Combined, the property generates $1,790 per month in rental income. At the list price of $159,900, this presents a strong opportunity for immediate cash flow and a solid return for investors. Opportunities like this—with two separate units, strong rents, and utilities split—don’t come around often.
South of Pontiac to Abbott
| MLS # | 202611605 |
|---|---|
| Date Listed | 2026-04-06 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Square Feet | 965 sqft |
| New Construction | No |
| Style | One Story |
| Type | Other |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Year Taxes Payable | 2026 |
| Year Built | 1998 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 13 |
| Family Room | 595 × | Level |
| 5th Bedroom | 2 × 2 | Level |
| Recreation Room | 1 × 0 | Level |
| Full Baths | 3 Main |
| Construction | Other |
|---|---|
| Lot Size | 7,400 sq ft |
| Acreage | 0.17 Acres |
| Lot Dimensions | 50x153 |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | Huestis & Taylor |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46806 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Haley |
| Middle School | Lane |
| High School | Snider |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202611605
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 John Fitzgerald
eXp Realty, LLC
Cell: 260-460-7439
Listing updated April 6, 2026 at 4:01 pm
Last checked 12 minutes ago