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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Brett Dennon • eXp Realty, LLC • Cell: 260-410-0217

$119,900

Est. payment - /mo

3 Beds

2 Baths

1,516 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,516 sqft

MLS Listing ID IRM202632110

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,522

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 40X140

Property Sub-Type Duplex

Property Description

Instant portfolio upgrade! This fully leased duplex offers immediate rental income with both units occupied by established tenants. The upper unit is leased through May 2027, while the lower unit is leased through October 2026, providing stable cash flow for the next owner. Tenants are responsible for their own gas and electric utilities. The owner maintains the water, sewer, and trash accounts, with each tenant reimbursing $40 per month for these services as outlined in their lease. This is an excellent opportunity to add a strong income-producing property to your investment portfolio. Don't miss this exceptional value and turnkey investment opportunity!

Location

State IN

County Allen County

Rooms

Basement Unfinished

Interior

Heating Natural Gas, Forced Air

Inclusions Lease

Fireplace N

Exterior

Parking Features Off Street, On Street

Waterfront Description None

View Y/N true

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Fairfield

Middle Schools Portage

High Schools South Side

School District Fort Wayne Community

Others

Pets Allowed No

Tax ID 02-12-15-233-011.000-074

Acceptable Financing IRM202632110

Listing Terms IRM202632110

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632110

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

2927 Broadway AVE Fort Wayne, IN 46807-1504

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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