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!
Closed
$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
What's special
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#: 202502308
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