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608 Anderson Avenue, Fort Wayne, IN 46805 (Sold on )

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  • The seller has accepted an offer on this property.

 $170,000

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  • 3 BedBeds
  • 2 BathBaths
  • 1,620 SqftSqft
  • TypeMulti Family
  • Active
  • MLS# 202611004

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Property Description

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/monthbringing 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.


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Property Details 608 Anderson Avenue, Fort Wayne, IN 46805

General

  • MLS#: 202611004
  • Property Type: Multi Family
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Area: Allen County
  • Subdivision: None
  • Township: Wayne
  • Beds: 3
  • Full Bath: 2
  • Total Baths: 2
  • Association Fee Frequency: Not Applicable

Interior Features

  • Flooring: Carpet, Laminate
  • Amenities: Basement, Ceiling Fan, Off Street Parking

Exterior Features

  • Exterior Features: Aluminum

Schools

  • School District: Fort Wayne Community
  • Elementary School: Forest Park
  • Middle School: Lakeside
  • High School: North Side

Structure

  • Style: Two Story
  • Stories: 2
  • Basement/Foundation: Full Basement
  • Basement Material: Block

Size & Lot

  • Sq.Ft.: 1,620
  • Lot SqFt: 4356
  • Acres: 0.10

Utilities

  • Cooling: Window
  • Sewer: City
  • Heating: Baseboard, Forced Air
  • Water: City

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