608 Anderson Avenue Fort Wayne, IN $ 165,000
608 Anderson Avenue
$ 165,000
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608 Anderson Avenue

Fort Wayne, IN, 46805
$ 165,000
Bedrooms4 Baths2.0 Sq 1,620

Monthly Estimate*

$ 1,042

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Multi-Family Home for sale in Fort Wayne, IN

for $165,000 with 4 bedrooms and 2 full baths. This 1,620 square foot home was built in 1925.

Turn-key investment opportunity in Fort Wayne with a professionally managed, fully rented duplex. It's in the "05" area of Fort Wayne, the 46805 zip code, popular with many as a great area to live in. It's an up and down duplex, with separate entrances, with a total of 4 bedrooms and 2 baths. Utilities are handled as follows: there are two separate electric meters, one gas meter (serving the lower unit with gas heat), and a single water meter, with water and sewer expenses allocated through a RUBS (Ratio Utility Billing System). The upper unit is fully electric, with the tenants providing their own air conditioning units. The owner currently covers lawn care, and as noted before, the property is professionally managed, making it easy to own your first investment property, or add to your portfolio. This is a solid investment opportunity, just minutes from downtown Fort Wayne, and much of the entertainment, dining, and shopping that Fort Wayne has to offer. Approximate driving distances to different places in Fort Wayne, from this property, are as follows: Science Central (3), Promenade Park (4), Fort Wayne Museum of Art (4), Lakeside Park and Rose Garden (4), The History Center (4), Historic Old Fort (4), Glenbrook Square Mall (4), Fort Wayne Public Library's main branch (5), Foellinger-Freimann Botanical Conservatory (5), Foellinger Theatre (5), Allen County War Memorial Coliseum (5), Indiana Tech (5), Parkview Field (6), Fort Wayne Zoo (6), Embassy Theatre (6), Grand Wayne Convention Center (6), Parkview Randallia hospital (6), Purdue University Fort Wayne (6), Ivy Tech Community College (6), Electric Works (7), University of Saint Francis (7), Jefferson Pointe (10), Sweetwater (10), Clyde Theatre (11), Parkview North Regional Medical Center (13), Dupont Hospital (13), Fort Wayne Metals (17), Fort Wayne International Airport (18), Lutheran Hospital (18), General Motors truck plant (21). Present and future potential tenants can be close to some of Fort Wayne's top employers and most visited attractions. This could be a great place for someone to live in one unit, and rent the other, though possession dates would be subject to tenants' lease rights.

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Multi-Family Active

Price

$ 165,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,085

Style

Duplex

Year Built

1925

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202639973

Features
General
Heating Electricity Gas Baseboard Forced Air
Cooling None
Sewer City
# of Buildings 1
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1925
New Construction No
Tenant Pays Electric Fuel Sewer Water
Subdivision Fairview Place
Style Two Story
Stories Count 2
Township Wayne
Class INVESTMENT
Type Duplex
Age 101
Net Income 15214.8
Rent Income 19500
Features Basement Near Walking Trail Deck Open Eat-In Kitchen Porch Covered
REO No
Status Detail 0
Area Allen County
High School North Side
City Fort Wayne
School District Fort Wayne Community
Total Sq Ft 2472
Elementary School Forest Park
Middle School Lakeside
Legal Description LOT 61 FAIRVIEW PLACE
Agent First Name Andy
Agent Last Name Zoda
DOM 0
Tax Year 2026
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Interior
Basement Full Basement Unfinished
Flooring Carpet Laminate
Beds 4
Total Number of Units 2
Microwaves 0
Refrigerators 2
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 2
W/D Hookups 0
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Exterior
Exterior Aluminum
Pool No
Number of Parking Spaces 2
Lot Size Area 4200
Lot Dimensions 40 x 105
Lot Description Level
Water Meters 1
Electric Meters 2
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Andy Zoda

Listing Agent

Coldwell Banker Real Estate Gr

Broker

andy@andyzoda.com

Email

Affordability Calculator

$1,299
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,042
Monthly Property Taxes
$257
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1236590 Elementary School
1236135 Middle School
North Side High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2026$165,000 Listed Price

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608 Anderson Avenue, Fort Wayne, IN, 46805 is a Multi-Family Home for sale at $165,000 with 1,620 sqft. 608 Anderson Avenue has 4 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 46805 which is in Fort Wayne, IN