Listing courtesy of JM Realty Associates, Inc. · Listing agent: Jerry Starks · Cell: 260-479-8161

Virtual tour
ActiveDuplex

708 E Jefferson Boulevard

$217,000

$129.78 / sq ft

Est. $1,607/mo

Fort Wayne, IN 46802-3208

Original price $249,900 · Price reduced on September 30, 2026

  • Basement
Bedrooms
3
Bathrooms
2
Living area
1,672 sq ft
Lot
0.1 ac
Year built
1900
Type
Duplex
Listed
July 31, 2026
MLS #
202631168

About this home

Turnkey duplex in an outstanding location, within walking distance of downtown Fort Wayne and the Ivy Tech Community College campus. Its prime location makes it an ideal investment for college students, downtown professionals, or long-term tenants seeking convenience and accessibility. This well-maintained property has been extensively updated in recent years, including newer roof, siding, windows, furnaces, and central air conditioning, offering low-maintenance ownership and peace of mind. Each unit is separately metered with its own water, gas, and electric service, allowing tenants to pay their own utilities and maximizing cash flow. Whether you’re looking to expand your investment portfolio or live in one unit while renting the other, this move-in-ready duplex offers exceptional flexibility and income potential. Conveniently located near restaurants, shopping, entertainment, parks, and all that downtown Fort Wayne has to offer, this is an excellent opportunity to own a quality income-producing property in a highly desirable location.

Monthly payment estimate

$1,607/mo

Principal & interest
$1,188
Property taxes
$356
Homeowners insurance
$63
Your loan

  • 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
2,376 sq ft
Finished area above grade
1,672 sq ft
Unfinished area below grade
704 sq ft
Below grade total
704 sq ft
Bedrooms above grade
3
Basement
Partial
Flooring
Vinyl
Heating
Natural Gas
Cooling
Central Air
Amenities
Basement, Off Street Parking

Exterior & parking

Construction
Concrete, Shingle Siding, Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.1 ac
Lot dimensions
29X150
County
Allen County
Township
Wayne
Lots
297
Platted
Yes
Planned unit development
No
Directions
GPS Directions are accurate.

Schools

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

Taxes & terms

Annual taxes
$4,274
Tax year
2026
Listing terms
Cash, Conventional, FHA, VA
Possession
At Closing
Parcel number
02-12-01-381-005.000-074

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Units
2
Annual gross rent
$25,800
Net operating income
$16,498
Lease term
12 Months
Pets allowed
No
Tenant pays
Association Fees, Cable TV, Electricity, Fuel, Heat, Parking Fee, Sewer, Snow Removal, Trash Collection, Water, Water Softener, Deposit
Insurance (annual)
$1,488
Water & sewer (annual)
$528
Electric (annual)
$1,356
Fuel (annual)
$1,104
Trash (annual)
$252
Maintenance (annual)
$300

Location

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