Listing courtesy of CENTURY 21 Bradley Realty, Inc · Listing agent: Jeff Colone · Cell: 260-466-8836

Virtual tour
ActiveDuplex

331 W Butler Street

$394,900

$164.54 / sq ft

Est. $2,639/mo

Fort Wayne, IN 46802Fox(s)

  • New construction
  • Energy efficient
Bedrooms
6
Bathrooms
4
Living area
2,400 sq ft
Lot
0.16 ac
Year built
2026
Type
Duplex
Listed
October 6, 2026
MLS #
202641468

About this home

Live in one unit. Rent the other. Enjoy a brand-new home while rental income helps cover your housing costs. This new construction duplex by Pearl Homes offers two three-bedroom units, with six bedrooms and approximately 2,400 square feet of living space across the entire building. The asking price includes both units and the land. Each unit features an open-concept living area, an eat-in kitchen with bar seating, a primary bedroom with a private en suite bathroom, and a one-car attached garage. Covered front porches offer a welcoming place to relax, while fresh finishes and new construction give you a comfortable place to call home. Choose the setup that fits your goals: live in one unit and rent the other, rent both units, or keep separate living spaces close together. The location puts you near downtown Fort Wayne, hospitals, restaurants, shopping, and everyday conveniences. Schedule your tour and explore how owning a new duplex could work for you.

Monthly payment estimate

$2,639/mo

Principal & interest
$2,162
Property taxes
$362
Homeowners insurance
$115
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: estimated at 1.1% of the price per year — the MLS reports no full tax bill for this home yet.
  • 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Stories
2
Total area
2,400 sq ft
Finished area above grade
2,400 sq ft
Bedrooms above grade
6
Basement
Slab
Flooring
Carpet, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air
HVAC
Energy Star A/C
Amenities
Off Street Parking, Balcony, Breakfast Bar, Cable Ready, Closet(s) Walk-in, Countertops-Stone, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Home Warranty Included, Kitchen Island, Porch Covered, Water Heater Electric, Wiring-Smart Home
Windows
ENERGY STAR Qualified Windows
Doors
ENERGY STAR Qualified Doors

Exterior & parking

Style
Traditional
Construction
Vinyl Siding, Wood Siding
Roof
Asphalt
Parking
Concrete, Garage, Off Street, Paved, Private, On Street
Private pool
No
New construction
Yes
Energy-efficient features
Appliances, Doors, Lighting, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows
Green certification
ENERGY STAR Certified Homes

Waterfront & lake

Waterfront
No

Lot

Subdivision
Fox(s)
Lot features
Level
Lot size (acres)
0.16 ac
Lot dimensions
47X150
Location type
City/Town/Suburb
County
Allen County
Township
Wayne
Lots
75
Platted
Yes
Planned unit development
No
Directions
Webster to Butler, Butler is a one way road.

Schools

Elementary school
Fairfield
Middle school
Kekionga
High school
South Side
School district
Fort Wayne Community

Taxes & terms

Annual taxes
$4,000
Tax year
2026
Assessed value
$7,700
Listing terms
Cash, Conventional, FHA, VA
Possession
At Close
Parcel number
02-12-11-407-006.000-074

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
NIPSCO
Water provider
Fort Wayne City Utilities
Cable / internet provider
Comcast/Xfinity

Income & commercial

Units
2
Annual gross rent
$43,200
Net operating income
$36,900
Parking spaces
4
Pets allowed
No
Electric meters
2
Gas meters
2
Water meters
2
Insurance (annual)
$2,000
Maintenance (annual)
$200

Units

UnitCountBedsBathsRentGarage
——32$1,8001
——32$1,8001

Location

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Living in Fort Wayne

Neighborhoods, schools, cost of living and local housing trends — our guide to life in Fort Wayne.

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$394,900

6 beds · 4 baths