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About This Home
This 3-bedroom, 2-bathroom multi-family at 608 Anderson Avenue in Fort Wayne, IN is listed for $170,000 ($105 per sqft). the home offers 1,620 sqft of living space on a 0.10 acres lot.
This cash-flowing duplex is a strong investment opportunity located just minutes from downtown Fort Wayne. The property features a 2-bedroom, 1-bath main floor unit currently renting for $750/month, along with a 1-bedroom, 1-bath upper unit generating $850/month—bringing total monthly income to $1,600.
Utilities are efficiently structured with two 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, and tenants provide their own air conditioning units. The owner currently covers lawn care, and the property is professionally managed, offering a turnkey, low-maintenance investment for both seasoned and new investors alike.
Key Features
- 0.10 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$909/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
608 Anderson Avenue
Fort Wayne, IN 46805
None
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom multi-family at 608 Anderson Avenue is listed at $170,000 ($105/sqft). The estimated monthly payment is $737 based on 20% down at 6.5% interest.
Key features include: 0.10 acre lot, 2 stories. Exterior Features: Basement, Ceiling Fan, Off Street Parking.
This property is listed by Tammie Jones and can be reached at 2604381087 or tammie@opendoorrandr.com.
