462 E Suttenfield Street Fort Wayne, IN $ 109,000
462 E Suttenfield Street
$ 109,000
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462 E Suttenfield Street

Fort Wayne, IN, 46803
$ 109,000
Bedrooms4 Baths2.0 Sq 1,685

Monthly Estimate*

$ 671

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Multi-Family Home for sale in Fort Wayne, IN

for $109,000 with 4 bedrooms and 2 full baths. This 1,685 square foot home was built in 1915.

Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300$1,500 per side, with an estimated after-repair value around $240,000$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Dont miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.

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Multi-Family Active

Price

$ 109,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Year Built

1915

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202618627

Features
General
Heating Gas Forced Air
Cooling None
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1915
New Construction No
Tenant Pays Electric Sewer Trash Collection Water
Subdivision Purman(s)
Style Three Story
Stories Count 3
Township Wayne
Class INVESTMENT
Type Duplex
Age 111
Net Income 0
Rent Income 0
Features Basement Porch Open
REO No
Status Detail 0
Area Allen County
High School South Side
City Fort Wayne
School District Fort Wayne Community
Total Sq Ft 2375
Elementary School Fairfield
Middle School Shawnee
Legal Description Lasselles Addition N 77' of E 1/2 Lot 209
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202618627
Agent First Name Jerry
Agent Last Name Starks
DOM 1
Tax Year 2026
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Interior
Basement Crawl
Flooring Carpet Vinyl Wood
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 0
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 0
W/D Hookups 0
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Exterior
Exterior Wood
Pool No
Number of Parking Spaces 0
Lot Size Area 2347
Lot Dimensions 30 x 77
Lot Description Level
Outbuilding Shed
Waterfront Y/N No
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* Excluded Features
List By
Jerry Starks

Listing Agent

Jm Realty Associates, Inc.

Broker

jerrystarks@jmrealtyonline.com

Email

Affordability Calculator

$671
Per Month
100%
0%
0%
Monthly Principal & Interest
$671
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% 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
1236040 Elementary School
1236926 Middle School
South Side High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$109,000 Listed Price

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462 E Suttenfield Street, Fort Wayne, IN, 46803 is a Multi-Family Home for sale at $109,000 with 1,685 sqft. 462 E Suttenfield Street has 4 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 46803 which is in Fort Wayne, IN