$150,000
721 Putnam Street
Investment opportunity just moments from downtown Fort Wayne. This fully occupied duplex features two separate 2-bedroom, 1-bath units, both currently rented with established long-term tenants, offering immediate rental income from day one. The property also includes convenient off-street parking. The first-floor unit features furnace heat and window air conditioning, while the second-floor unit offers baseboard heat and window air conditioning. Located near downtown amenities and an area seeing continued investment and expansion around the Rivergreenway, this property offers convenient access to recreation, employment, shopping, dining, and entertainment. With rental numbers that well exceed the 1% rule, this duplex presents an attractive opportunity for investors looking to add a solid cash-flowing property to their portfolio.
Head north on Pr Lndg Pkwy Continue on Illinois Rd. Take S Hadley Rd, Bass Rd and Spring St to Putnam St in Wayne Township Turn right onto Putnam St ? Destination will be on the right 721 Putnam St
Map to 721 Putnam Street, Fort Wayne, IN 46808
MLS #
202632650
Date Listed
2026-08-11
Status
Active
Property Type
Investment
Property SubType
Duplex
Finished Square Feet
1812 sqft
Total Square Feet
2888 sqft
New Construction
No
Style
Two Story
Type
Duplex
Basement
Yes
Bedrooms
4
Bathrooms
2
Annual Taxes
$695.49
Year Taxes Payable
2025-2026
Year Built
1900
Virtual Tour
zillow.com »
Days on Market
38
Room Dimensions
Living Room
2 × 0
Level
Family Room
800 ×
Level
5th Bedroom
2 × 2
Level
Bathroom Locations
Full Baths
4 Main, 2 Upper
External Features
Construction
Duplex
Lot Size
6,970 sq ft
Acreage
0.16 Acres
Lot Dimensions
46 X 185
Out Buildings
Shed
Fence
None
Location
Area
Allen County
County
Allen
Subdivision
None
Township
Wayne
City
Fort Wayne
State
IN
Zip
46808
Schools
School District
Fort Wayne Community
Elementary
Bloomingdale
Middle School
Lakeside
High School
North Side
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202632650 |
|---|---|
| Date Listed | 2026-08-11 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Finished Square Feet | 1812 sqft |
| Total Square Feet | 2888 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Annual Taxes | $695.49 |
| Year Taxes Payable | 2025-2026 |
| Year Built | 1900 |
| Virtual Tour | zillow.com » |
| Days on Market | 38 |
| Living Room | 2 × 0 | Level |
| Family Room | 800 × | Level |
| 5th Bedroom | 2 × 2 | Level |
| Full Baths | 4 Main, 2 Upper |
| Construction | Duplex |
|---|---|
| Lot Size | 6,970 sq ft |
| Acreage | 0.16 Acres |
| Lot Dimensions | 46 X 185 |
| Out Buildings | Shed |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| 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# 202632650
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 Tyler Dohner
CENTURY 21 Bradley Realty, Inc
Cell: 260-246-1298
Listing updated August 27, 2026 at 3:00 pm
Last checked 3 minutes ago
Learn More About 721 Putnam Street
