Listing courtesy of Coldwell Banker Real Estate Gr · Listing agent: Andy Zoda · Cell: 260-413-7468

Under contractDuplex

608 Anderson Avenue

$165,000

$101.85 / sq ft

Fort Wayne, IN 46805-4104Fairview Place

  • Basement
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Bedrooms
4
Bathrooms
2
Living area
1,620 sq ft
Lot
0.1 ac
Year built
1925
Type
Duplex
Listed
September 26, 2026
MLS #
202639973

About this home

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.

Property details

Interior

Levels
Two
Stories
2
Total area
2,472 sq ft
Finished area above grade
1,620 sq ft
Unfinished area below grade
852 sq ft
Main level
852 sq ft
Upper level
768 sq ft
Below grade total
852 sq ft
Bedrooms above grade
4
Basement
Full, Unfinished
Flooring
Carpet, Laminate
Heating
Electric, Natural Gas, Baseboard, Forced Air
Amenities
Basement, Near Walking Trail, Deck Open, Eat-In Kitchen, Porch Covered

Exterior & parking

Construction
Aluminum Siding
Roof
Asphalt
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Fairview Place
Lot features
Level
Lot size (acres)
0.1 ac
Lot dimensions
40 x 105
County
Allen County
Township
Wayne
Lots
61
Platted
Yes
Planned unit development
No
Directions
From downtown, take Spy Run Avenue north to Anderson Avenue, and turn right. The property will be on your right.

Schools

Elementary school
Forest Park
Middle school
Lakeside
High school
North Side
School district
Fort Wayne Community

Taxes & terms

Annual taxes
$3,085
Tax year
2026
Listing terms
Cash, Conventional
Possession
Tenant's rights
Parcel number
02-12-01-102-006.000-074

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer
Water provider
Fort Wayne City Utilities

Income & commercial

Units
2
Buildings
1
Annual gross rent
$19,500
Net operating income
$15,215
Lease term
12 Months
Parking spaces
2
Pets allowed
Yes
Tenant pays
Electricity, Fuel, Sewer, Water
Electric meters
2
Gas meters
1
Water meters
1
Insurance (annual)
$1,200

Location

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