423 W Masterson Avenue, Fort Wayne, IN 46802

Local realty services provided by:Better Homes and Gardens Real Estate Connections
423 W Masterson Avenue,Fort Wayne, IN 46802
$126,900
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 1,792 sq. ft.
  • Multi-family
  • Active
Listed by:steve koleno
Office:beycome brokerage realty
MLS#:202538129
Source:Indiana Regional MLS

Price summary

  • Price:$126,900
  • Price per sq. ft.:$47.21

About this home

Turnkey duplex in the Hoagland Masterson neighborhood of Fort Wayne, fully tenant-occupied and producing consistent rental income. Each unit features 2 bedrooms and 1.5 baths with a combined finished area of approximately 1,800 square feet. Recent improvements include fresh interior paint, updated cabinetry, new furnaces and water heaters, upgraded plumbing and heating, and replacement of all windows and doors. The roof was replaced approximately seven years ago.Both units are leased through December 2025, providing immediate stability and reliable cash flow. The interiors reflect ongoing care and upgrades, while the exterior offers potential for additional value through enhancements such as updated siding, refreshed landscaping, and modernized fixtures.This property benefits from a central location near downtown Fort Wayne, with convenient access to Parkview Field, the Electric Works development, Rivergreenway trails, and local amenities. The surrounding neighborhood is experiencing

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Home facts

  • Year built:1920
  • Listing ID #:202538129
  • Added:1 day(s) ago
  • Updated:September 19, 2025 at 11:42 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:2
  • Living area:1,792 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Building area:1,792 sq. ft.
  • Lot area:0.08 Acres

Schools

  • High school:South Side
  • Middle school:Kekionga
  • Elementary school:Fairfield

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$126,900
  • Price per sq. ft.:$47.21
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.

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