416 Archer Avenue Fort Wayne, IN $ 209,900
416 Archer Avenue
$ 209,900
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416 Archer Avenue

Fort Wayne, IN, 46808
$ 209,900
Bedrooms6 Baths2.0 Sq 2,376

Monthly Estimate*

$ 1,395

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Multi-Family Home for sale in Fort Wayne, IN

for $209,900 with 6 bedrooms and 2 full baths. This 2,376 square foot home was built in 1900.

Great income property located just off the Wells Street Corridor with walking access to shops, restaurants, Promenade Park and all that Downtown Fort Wayne has to offer. Both upstairs and downstairs units have 3 bedrooms, 1 full bath and a kitchen with refrigerator, range. The home features new carpet and fresh paint in both units as well as newer furnaces and AC units. Separate entrances for each unit with covered and enclosed staircase for upstairs apartment. Attached garage and spacious basement have been used as "owner's locker" and not included in rental of main floor apartment. All utilities are split for each unit with mechanicals located in the basement. Circuit breaker style electrical panels and blown insulation. On and off street parking provides convenient access. Tenants rights in main floor unit until October 31, 2025. Upstairs unit unoccupied.Showings anytime for upstairs unit. Main unit showings require 24 hours notice to tenant. Access after 5pm.

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Multi-Family Active

Price

$ 209,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,386

Style

Duplex

Year Built

1900

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202417225

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1900
New Construction No
Tenant Pays Cooling Electric Heating Sewer Trash Collection Water
Subdivision Pfeiffer Place
Style Two Story
Stories 2
Township Wayne
Class INVESTMENT
Type Duplex
Age 124
Net Income 16813.2
Rent Income 19200
Features Basement Off Street Parking Storage
REO No
Area Allen County
High School North Side
City Fort Wayne
School District Fort Wayne Community
Total Sq Ft 3596
Street Name Archer
Elementary School Franke Park
Middle School Northwood
Legal Description LOT 41 NORTH WAYNE ADD
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202417225
Agent First Name Erin
Agent Last Name Poiry
DOM 12
Tax Year 2024
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Interior
Basement Unfinished
Flooring Carpet Laminate
Beds 6
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 7405
Lot Dimensions 143X9X44X149X48
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Erin Poiry

Listing Agent

Mike Thomas Assoc., Inc

Broker

eringarton@aol.com

Email

Affordability Calculator

$1,594
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,395
Monthly Property Taxes
$199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1236899 Elementary School
1236657 Middle School
North Side High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$209,900 Listed Price

Map


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416 Archer Avenue, Fort Wayne, IN, 46808 is a Multi-Family Home for sale at $209,900 with 2,376 sqft. 416 Archer Avenue has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 46808 which is in Fort Wayne, IN