REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tim Haber

tim@teamhaber.com +1(260) 403-1940

Listed by JM Realty Associates, Inc.

$ 89,900

Est. payment | -/mo

4 Beds

2 Baths

1,685 SqFt

Save Virtual Tour

$ 89,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,685 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,685 sqft

Subdivision Purman(S)

MLS Listing ID IRM202618627

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1915

Tax Year 2026

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 30 x 77

Property Sub-Type Duplex

Property Description

Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don't miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.

Location

State IN

Rooms

Basement Crawl Space

Interior

Heating Gas, Forced Air

Inclusions Other

Fireplace N

Exterior

View Y/N true

Building

Lot Description Level

Story Three

Sewer Public Sewer

Water City

Level or Stories Three

New Construction No

Schools

Elementary Schools Fairfield

Middle Schools Shawnee

High Schools South Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-12-354-009.000-074

Acceptable Financing IRM202618627

Listing Terms IRM202618627

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202618627

Nearby Locations

GET MORE INFORMATION

Tim Haber

Broker-Associate Lic# RB14046378

tim@teamhaber.com

+1(260) 403-1940

8101 Coldwater Rd, Fort Wayne, IN 46825

462 E Suttenfield ST Fort Wayne, IN 46803

Tim Haber

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

462 E Suttenfield ST