542 Pierce Avenue, Fort Wayne, IN 46807

Fort Wayne
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: chanan dozier
Office: compass indiana, llc.317-563-5051
MLS#:842990
Source:Northwest Indiana AOR as distributed by MLS GRID
542 Pierce Avenue,Fort Wayne, IN 46807
$259,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$259,000

About this home

TURNKEY INVESTMENT OPPORTUNITY! THIS RECENTLY RENOVATED DUPLEX FEATURES TWO 2-BEDROOM UNITS (540 & 542 PIERCE), BOTH CURRENTLY RENTED AND GENERATING IMMEDIATE INCOME. RECENT IMPROVEMENTS INCLUDE A NEW ROOF, NEW CENTRAL AIR, FORCED-AIR HEATING, UPDATED HOT WATER SYSTEMS, LUXURY VINYL FLOORING, STAINLESS STEEL REFRIGERATOR AND RANGE, AND NEW BATHROOM VANITIES. EACH UNIT ALSO OFFERS HARDWOOD FLOORS, A SPACIOUS LIVING AREA WITH AN ADJOINING DINING SPACE, AND A LARGE BACKYARD FOR TENANT ENJOYMENT. WHETHER YOU'RE ADDING TO AN ESTABLISHED PORTFOLIO OR PURCHASING YOUR FIRST INVESTMENT PROPERTY, THIS FULLY LEASED DUPLEX OFFERS A STRONG INCOME-PRODUCING OPPORTUNITY WITH MANY MAJOR UPDATES ALREADY COMPLETE.

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Home facts

  • Year built:1940
  • Subdivision & Development:Walnut Place Add
  • Listing ID #:842990
  • Added:9 day(s) ago
  • Updated:August 06, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Freezer, Gas Range, Refrigerator, Stainless Steel Appliance(s)
  • Basement Description:No Basement

Structure and exterior

  • Year built:1940
  • Lot area:0.17 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$259,000
  • Tax amount:$3,470 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Garage:Yes
  • Garage spaces:2
Based on information submitted to the MLS GRID as of August 6, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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