629 5Th Street, Fort Wayne, IN 46808-2718
629 5Th Street, Fort Wayne, IN 46808-2718
629 5Th Street, Fort Wayne, IN 46808-2718
629 5Th Street, Fort Wayne, IN 46808-2718
629 5Th Street, Fort Wayne, IN 46808-2718
629 5Th Street, Fort Wayne, IN 46808-2718
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$ 159,900
Est. payment | /mo

4 Beds

2 Baths

1,622 SqFt


$ 159,900
Est. payment | /mo

4 Beds

2 Baths

1,622 SqFt

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,622 sqft

Subdivision Klaehns

MLS Listing ID 202615797

Style Two Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,622

Total Fin. Sqft 1622

Year Built 1935

Annual Tax Amount $2,522

Tax Year 2026

Lot Size 3,920 Sqft

Property Sub-Type Site-Built Home

Property Description

This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units in a convenient location. Whether you're looking for an income-producing investment or a home with built-in rental income to offset your mortgage, this property delivers solid value and easy management. Unit Layout & Features: - **Downstairs Unit (2BD/1BA):** Bright and functional living space with two bedrooms, a full bathroom, kitchen, and living area. Ready for immediate occupancy or your personal use. Washer/Dryer setup for this unit in unit - **Upstairs Unit (2BD/1BA):**. Currently rented with tenant paying $965 per month + electric**. Key Property Highlights: - **Separate Electric Meters** for each unit – tenants responsible for their own electricity. - **Shared Water & Gas** on one meter (owner-paid, easily factored into rents). - **2-Car Detached Garage** – great for additional storage, parking, or workshop space or could be rented back to tenants for additional income. - Ample off-street parking and a manageable yard for low-maintenance living. This duplex is an excellent turnkey investment with immediate cash flow from the upstairs unit. The downstairs unit can be rented at market rate($965) for even stronger returns or lived in by the new owner. Ideal for investors or anyone looking to offset their monthly mortgage payments with a tenant already placed. Schedule a showing today to see the potential for yourself!

Location

State IN

County Allen County

Area Allen County

Direction Using gps off Wells St

Rooms

Basement Full Basement

Interior

Heating Conventional

Cooling Window

Laundry Main

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Lot Description Level

Story 2

Foundation Full Basement

Sewer City

Water City

Structure Type Aluminum

New Construction No

Schools

Elementary Schools Bloomingdale

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202615797

Indiana Regional MLS (IRMLS)
Listed by Adam Gerig • AG Rentals & Management LLC

Schools and Properties Nearby

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629 5Th Street