517 Lavina Street Fort Wayne, IN $ 239,900
517 Lavina Street
$ 239,900
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517 Lavina Street

Fort Wayne, IN, 46802
$ 239,900
Bedrooms2 Baths2.0 Sq 1,184

Monthly Estimate*

$ 1,497

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Multi-Family Home for sale in Fort Wayne, IN

for $239,900 with 2 bedrooms and 2 full baths. This 1,184 square foot home was built in 1875.

Welcome to an exceptional investment opportunity in the heart of downtown Fort Wayne! This beautifully updated duplex sits in a highly desirable location just steps away from Parkview Field, Electric Works, and The Fairfield! Whether you're looking to expand your portfolio or dive into short-term rentals, this property checks all the boxes. Each unit features 1 bedroom and 1 full bathroom, with thoughtfully designed interiors that maximize comfort and functionality. The property is currently operating as a successful Airbnb and is professionally managed, offering a true turnkey experience for the next owner. In 2022, the property underwent a complete renovationinside and out. The exterior boasts new siding, fascia, gutters, windows, a welcoming front porch, and a brand-new roof. Inside, no detail was overlooked. The property was fully gutted down to the studs and rebuilt with new framing, electrical, plumbing, insulation, and modern mini-split HVAC systems. This is a rare opportunity to own a cash-flowing, low-maintenance property in one of the most vibrant and fast-growing areas of Fort Wayne. Whether you continue its use as a short-term rental or convert it to long-term tenants, the potential here is outstanding!

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Multi-Family Pending

Price

$ 239,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,401

Style

Duplex

Year Built

1875

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202524103

Features
General
Heating Electricity
Cooling Other
Sewer City
Status Pending Pending
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1875
New Construction No
Tenant Pays None
Subdivision None
Style Two Story
Stories Count 1.5
Township Wayne
Class INVESTMENT
Type Duplex
Age 150
Net Income 11998.14
Rent Income 24000
Features Basement Countertops-Laminate Water Heater Gas
REO No
Status Detail 0
Area Allen County
High School Wayne
City Fort Wayne
School District Fort Wayne Community
Total Sq Ft 2368
Elementary School Washington Center
Middle School Kekionga
Legal Description E 26.5 FT LOT 41 G W EWINGS 2ND ADD
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202524103
Agent First Name Ashley
Agent Last Name Davidson
DOM 168
Tax Year 2025
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Interior
Basement Full Basement
Flooring Vinyl
Beds 2
Total Number of Units 2
Microwaves 2
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 2
Disposal(s) 0
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 2
W/D Hookups 0
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 3672
Lot Dimensions 27x136
Lot Description Level
Water Meters 1
Electric Meters 1
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Ashley Davidson

Listing Agent

Century 21 Bradley Realty, Inc

Broker

wayhomewithashley@gmail.com

Email

Affordability Calculator

$1,780
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1237390 Elementary School
1237548 Middle School
Wayne High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2025$239,900 -4.00% Price Down
6/24/2025$249,900 Listed Price

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517 Lavina Street, Fort Wayne, IN, 46802 is a Multi-Family Home for sale at $239,900 with 1,184 sqft. 517 Lavina Street has 2 bedrooms, 2.0 baths, and was built in 1875. The property's zip code is 46802 which is in Fort Wayne, IN