$159,900
This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units in a convenient location. Whether you're looking for an income-producing investment or a home with built-in rental income to offset your mortgage, this property delivers solid value and easy management. Unit Layout & Features: - **Downstairs Unit (2BD/1BA):** Bright and functional living space with two bedrooms, a full bathroom, kitchen, and living area. Ready for immediate occupancy or your personal use. Washer/Dryer setup for this unit in unit - **Upstairs Unit (2BD/1BA):**. Currently rented with tenant paying $965 per month + electric**. Key Property Highlights: - **Separate Electric Meters** for each unit – tenants responsible for their own electricity. - **Shared Water & Gas** on one meter (owner-paid, easily factored into rents). - **2-Car Detached Garage** – great for additional storage, parking, or workshop space or could be rented back to tenants for additional income. - Ample off-street parking and a manageable yard for low-maintenance living. This duplex is an excellent turnkey investment with immediate cash flow from the upstairs unit. The downstairs unit can be rented at market rate($965) for even stronger returns or lived in by the new owner. Ideal for investors or anyone looking to offset their monthly mortgage payments with a tenant already placed. Schedule a showing today to see the potential for yourself!
Using gps off Wells St
| MLS # | 202615797 |
|---|---|
| Date Listed | 2026-04-30 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Finished Square Feet | 1622 sqft |
| Total Square Feet | 2672 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Site-Built Home |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Annual Taxes | $2,522.62 |
| Year Taxes Payable | 2026 |
| Year Built | 1935 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 24 |
| Cooling | Window |
|---|---|
| Heating | Conventional |
| Garage | Detached |
| Main Level Laundry | Yes |
| Master Bedroom | 10 × 12 | Main Level |
| 2nd Bedroom | 12 × 12 | Main Level |
| 3rd Bedroom | 10 × 12 | Upper Level |
| 4th Bedroom | 12 × 12 | Upper Level |
| Full Baths | 1 Main, 1 Upper |
| Construction | Site-Built Home |
|---|---|
| Exterior | Aluminum |
| Lot Size | 3,900 sq ft |
| Acreage | 0.09 Acres |
| Lot Dimensions | 30X130 |
| Sewer | City |
| Water | City |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | Klaehns |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46808 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Bloomingdale |
| Middle School | Lakeside |
| High School | North Side |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202615797
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 Adam Gerig
AG Rentals & Management LLC
Listing updated May 15, 2026 at 5:09 pm
Last checked 7 minutes ago