629 5th Street, Fort Wayne, IN 46808
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: adam gerig, adam gerig
Office: ag rentals & management llc.
MLS#:202615797
Source:Indiana Regional MLS
Price summary
- Price:$164,900
- Price per sq. ft.:$61.71
About this home
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!...
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Home facts
- Year built:1935
- Listing ID #:202615797
- Added:7 day(s) ago
- Updated:May 08, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement Description:Full Basement
- Living area:1,622 sq. ft.
Heating and cooling
- Cooling:Window
- Heating:Conventional
Structure and exterior
- Year built:1935
- Building area:1,622 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Aluminum
- Levels:2 Stories
Schools
- High school:North Side
- Middle school:Lakeside
- Elementary school:Bloomingdale
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$164,900
- Price per sq. ft.:$61.71
- Tax amount:$2,522
Parking
- Parking description:Detached
- Garage spaces:2
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