Listing courtesy of eXp Realty, LLC · Listing agent: Brett Dennon · Cell: 260-410-0217
2927 Broadway Avenue
Fort Wayne, IN 46807-1504
Original price $124,900 · Price reduced on September 3, 2026
- Basement
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,516 sq ft
- Lot
- 0.13 ac
- Year built
- 1920
- Type
- Duplex
- Listed
- August 7, 2026
- MLS #
- 202632110
About this home
Instant portfolio upgrade! This fully leased duplex offers immediate rental income with both units occupied by established tenants. The upper unit is leased through May 2027, while the lower unit is leased through October 2026, providing stable cash flow for the next owner. Tenants are responsible for their own gas and electric utilities. The owner maintains the water, sewer, and trash accounts, with each tenant reimbursing $40 per month for these services as outlined in their lease. This is an excellent opportunity to add a strong income-producing property to your investment portfolio. Don't miss this exceptional value and turnkey investment opportunity!
Monthly payment estimate
$901/mo
- Principal & interest
- $656
- Property taxes
- $210
- Homeowners insurance
- $35
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 2,316 sq ft
- Finished area above grade
- 1,516 sq ft
- Unfinished area below grade
- 800 sq ft
- Main level
- 800 sq ft
- Upper level
- 716 sq ft
- Below grade total
- 800 sq ft
- Bedrooms above grade
- 3
- Basement
- Unfinished
- Flooring
- Carpet, Laminate
- Heating
- Natural Gas, Forced Air
- Amenities
- Basement, Water Heater Gas, Washer Hook-Up
Exterior & parking
- Construction
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Block
- Parking
- Off Street, On Street
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.13 ac
- Lot dimensions
- 40X140
- County
- Allen County
- Township
- Wayne
- Cross street
- Cottage
- Lots
- 166
- Platted
- Yes
- Planned unit development
- No
- Directions
- Head south on Broadway Ave from Creighton Ave. Property is on the left.
Schools
- Elementary school
- Fairfield
- Middle school
- Portage
- High school
- South Side
- School district
- Fort Wayne Community
HOA & community
- Association restrictions
- No
Taxes & terms
- Annual taxes
- $2,523
- Tax year
- 2026
- Assessed value
- $112,100
- Listing terms
- Cash, Conventional
- Possession
- Tenant Occupied
- Parcel number
- 02-12-15-233-011.000-074
Included in the sale
- Included in sale
- Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 2
- Buildings
- 1
- Annual gross rent
- $16,800
- Net operating income
- $12,787
- Lease term
- 12 Months
- Pets allowed
- No
- Tenant pays
- Electricity, Heat
- Electric meters
- 2
- Gas meters
- 2
- Water & sewer (annual)
- $1,490
Location
Area guide
Living in Fort Wayne
Neighborhoods, schools, cost of living and local housing trends — our guide to life in Fort Wayne.
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