For sale by owner
  • $360,000

    503 Madison, Fort Wayne, IN 46802

    7beds
    2,260sqft
    : 
    MultiFamily
    Built in ----
    -- sqft lot
    $184,500 Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Excellent curb appeal
    New investors or homeowners that like to have extra income. You can live in one side and rent all the other.
    What the owner loves about this home
    Our DUPLEX HOME in downtown Fort Wayne is FOR SALE! DUPLEX HOME FOR SALE 503 & 505 MADISON ST, FORT WAYNE IN · 2260 square feet; #503: 4 bedrooms + 1 full bath; #505: 3 bedrooms + 1 full bath · New shingle roof in 2021 (not sure the age of flat roof) · Central air in both units (2019) · New fence built in 2024 · Newly remodeled kitchen & restroom, new paint & in #505 apt (2023) · New carpet & flooring in #505 apt (2022) · Replaced electrical box in #505 apt (2020) · New paint & flooring in restroom of #503 (2019) · New carpet on 2nd floor of #503 apt (2022) · Currently operating as short-term rental units with annual revenue of approximately $29,000 with room for growth **This is a gem of a house in a great, central location in downtown Fort Wayne, that has potential for private owners or investors to rent out both sides or live in 1 while renting out the other Asking $360,000 (furniture not included) *If you are interested in the apartments fully furnished, please contact us for adjusted price. For serious buyers, we welcome inspections with a written contract with a closing company. This is for sale by owner so we will work with a realtor if you have one, however you are responsible for realtor fees. No land contracts. **Please contact Santos
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