629 5Th Street, Fort Wayne, IN 46808

• 4 beds |
• 2 baths |
• 2,672 sqft

Property Description

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!

Listing Status:

Active

Date Added:

April 30, 2026

Data Last Updated:

May 22, 2026 at 6:57AM

Listing Office:

AG Rentals & Management LLC : 260-206-6948

Listing Agent:

Adam Gerig : 260-908-4263

MLS ID:

202615797

Interior

• Basement: Full Basement
• A/C: Window
• Heating: Conventional

Exterior

• General: Aluminum
• Style: Two Story

Location

• School District: Fort Wayne Community

Lot

• Zoning: KLAEHNS SUBDIVISION W 6 FT LOT 5 E 24 FT LOT 602-12-02-104-013.000-074

Utilities

• Water: City
• Sewer: City