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629 5th Street
Fort Wayne, IN 46808

$159,900 - Status: Active
Beds: 4
Baths: 2 full
SQFT: 1,622
MLS# 202615797

This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units in a convenient location. Whether you're looking for an income-producing investment or a home with built-in rental income to offset your mortgage, this property delivers solid value and easy management. Unit Layout & Features: - **Downstairs Unit (2BD/1BA):** Bright and functional living space with two bedrooms, a full bathroom, kitchen, and living area. Ready for immediate occupancy or your personal use. Washer/Dryer setup for this unit in unit - **Upstairs Unit (2BD/1BA):**. Currently rented with tenant paying $965 per month + electric**. Key Property Highlights: - **Separate Electric Meters** for each unit " tenants responsible for their own electricity. - **Shared Water & Gas** on one meter (owner-paid, easily factored into rents). - **2-Car Detached Garage** " great for additional storage, parking, or workshop space or could be rented back to tenants for additional income. - Ample off-street parking and a manageable yard for low-maintenance living. This duplex is an excellent turnkey investment with immediate cash flow from the upstairs unit. The downstairs unit can be rented at market rate($965) for even stronger returns or lived in by the new owner. Ideal for investors or anyone looking to offset their monthly mortgage payments with a tenant already placed. Schedule a showing today to see the potential for yourself!

Property Features

MLS#: 202615797
Zip: 46808
Subdivision: Klaehns
Development: Wayne
Property Type: Residential - Single Family
Basement: Full Basement
Basement: Yes
Cooling: Window
Days on Site: 55
Garage: 2
Heating: Conventional
Lot Size: 0.09 acres
Stories: 2.0
Taxes: $2,522
Year Built: 1935

Feature Descriptions

Above Grade Finished SQFT: 1622
Exterior: Aluminum
Garage SQFT: 400
Lot Description: Level
Lot Dimensions: 30X130
Number of Rooms: 8
Sewer: City
Total Finished SQFT: 1622
Water: City

Room Sizes

Bedroom 1: 10x12 Level - Main
Bedroom 2: 12x12 Level - Main
Bedroom 3: 10x12 Level - Upper
Bedroom 4: 12x12 Level - Upper

Local Schools

High School: North Side
Middle School: Lakeside
Elementary School: Bloomingdale
School District: Fort Wayne Community

629 5th Street | MLS# 202615797

This single family home located at 629 5th Street, Fort Wayne, IN 46808 is currently listed for sale with an asking price of $159,900. This property was built in 1935 and has 4 bedrooms and 2 full baths with 1622 sq. ft. 5th Street is located in the Klaehns subdivision within the Fort Wayne Community school district. Search Klaehns real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: AG Rentals & Management LLC
Agent Name: Adam Gerig
Agency Phone: 260-206-6948

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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