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  • $85,000

    706 3rd St, Fort Wayne, IN 46808

    4beds
    1,884sqft
    Duplex
    Built in 1880
    -- sqft lot
    $85,400 Zestimate®
    $--/sqft
    $1,231 Estimated rent

    Owner options

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    $1,231/mo

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    $1,231/mo

    Rent Zestimate®

    Refinance and save

    $412/mo

    Est. payment

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    $412/mo

    Est. payment

    What's special

    Amazing investment opportunity just one block from the upcoming riverfront development! This up-and-down duplex is a work in progress, with all the major exterior updates already completed, including a brand-new roof, windows, and siding. The electric is separately metered for both units, offering ultimate convenience for future tenants or owners. The interior is ready for your finishing touches—let your imagination run wild to design a space that meets your rental income goals, whether for long-term tenants or short-term rentals like Airbnb. Each unit features 2 bedrooms and 1 full bath, with separate furnaces and shared basement access. The property also includes 2 off-street parking spaces accessed from the alley. Prime location, endless potential—this is your chance to invest in a property with huge upside in a growing area!

    Zillow last checked: 8 hours ago

    Listing updated: March 05, 2025 at 07:04am

    Listed by:

    Andrew Kershner 260-602-0757,

    Mike Thomas Assoc., Inc

    Bought with:

    Ben Ruhl, RB22000193

    Coldwell Banker Real Estate Group

    Source: IRMLS,MLS#: 202502308MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Wood
    • Basement: Full
    Interior area
    • Total structure area: 2,826
    • Total interior livable area: 1,884 sqft
    • Finished area above ground: 1,884
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    Lot
    • Size: 4,791 sqft
    • Dimensions: 29 x 161
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 021202105031.000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne
    • Subdivision: Sweetzer(s)

    HOA & financial

    Other financial information
    • Total actual rent: 0
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $85,400
    2% more+$1,708
    With Zillow Showcase(estimated)$87,108