1605 W 4Th ST, Fort Wayne, IN 46808-2581
1605 W 4Th ST, Fort Wayne, IN 46808-2581
1605 W 4Th ST, Fort Wayne, IN 46808-2581
1605 W 4Th ST, Fort Wayne, IN 46808-2581
1605 W 4Th ST, Fort Wayne, IN 46808-2581
1605 W 4Th ST, Fort Wayne, IN 46808-2581
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Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Richard Rutledge • Trueblood Real Estate, LLC. • Cell: 260-267-8220
$ 209,900
Est. payment | /mo

4 Beds

2 Baths

1,320 SqFt

Save
$ 209,900
Est. payment | /mo
Save

4 Beds

2 Baths

1,320 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,320 sqft

MLS Listing ID IRM202646637

Style Traditional

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1935

Annual Tax Amount $2,134

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 40X140

Property Sub-Type Duplex

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF FORT WAYNE! This income-producing duplex boasts an impressive rental history of $1,100 per unit per month, generating $26,400 in annual gross rental income and historically NETTING $20,150 ANNUALLY AFTER EXPENSES! Whether you're a seasoned investor or just getting started, this property offers outstanding cash flow potential with low operating expenses!. Both units feature separate gas and electric meters, with tenants paying their own elect/gas, along with individual gas forced air furnaces and water heaters for each unit. The owner pays only water and trash, averaging just $120 per month. LOW PROPERTY TAXES add even more appeal at only $2,134 annually with NO exemptions. Both units enjoy basement access with separate laundry hookups, while the lower unit has been refreshed with ALL NEW PAINT AND CARPET! The detached garage provides even more opportunity, offering convenient personal storage or the potential for ADDITIONAL RENTAL INCOME! Conveniently located in the heart of Fort Wayne, this duplex delivers the perfect combination of proven rental history, attractive operating expenses, and additional income potential. STRONG CASH FLOW, LOW TAXES, AND EXCELLENT INVESTMENT POTENTIAL. Don't miss your chance to add this income-producing property to your portfolio.

Location

State IN

County Allen County

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Inclusions Building

Fireplace N

Exterior

Parking Features Off Street, On Street

Fence None

Waterfront Description None

View Y/N true

Total Parking Spaces 2

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Price

Middle Schools Northwood

High Schools North Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-03-203-003.000-074

Monthly Total Fees $1, 000

Acceptable Financing IRM202646637

Listing Terms IRM202646637

Special Listing Condition None

Pets Allowed Yes

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Kegan Inman
Kegan Inman

Managing Broker Indiana RB22002037

+1(812) 798-0204 | kegan@inmanrealty.com

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