This fully remodeled, income-producing duplex is ideally located just minutes from the heart of downtown Fort Wayne. ALL UNITS AND GARAGE ARE CURRENTLY LEASED, offering immediate cash flow and strong rental appeal. $2255 Monthly! The lower unit features updated flooring, modern lighting, central A/C (2021), and laundry hookups, with potential to convert to a 3-bedroom layout. The upper unit offers similar finishes and exclusive access to a fenced backyard—highly desirable for tenants. Additionally, the detached one-car garage is separately leased, providing an extra stream of passive income. With separate meters, electric panels, furnaces, and water heaters (all updated in 2021), this low-maintenance property is perfectly positioned for long-term growth and effortless management. A rare opportunity to own a fully leased, turnkey investment in one of Fort Wayne’s most sought-after areas.
Active under contract
$199,900
1437 Oakland St, Fort Wayne, IN 46808
5beds
2,003sqft
Est.:
Duplex
Built in 1900
-- sqft lot
$193,400 Zestimate®
$--/sqft
$-- HOA
What's special
Modern lightingFenced backyardDetached one-car garageLaundry hookupsUpdated flooring
- 15 days
- on Zillow |
- 1,246 |
- 84 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 10:23am
Listed by:
Jordan Wildman Home:260-498-0384,
eXp Realty, LLC
Source: IRMLS,MLS#: 202518760

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Storage, Laminate Counters
- Flooring: Carpet, Laminate, Wood
- Basement: Partial,Unfinished,Block
Interior area
- Total structure area: 2,443
- Total interior livable area: 2,003 sqft
- Finished area above ground: 2,003
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Off Street, Off Street Parking
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: Chain Link,Fenced
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 41X144
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 021203233010.000074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding, Wood Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: AEP/I&M
- Gas: NIPSCO
- Sewer: City
- Water: City, Fort Wayne City Utilities
Community & HOA
Community
- Subdivision: L F Curdes
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $154,800
- Annual tax amount: $3,539
- Date on market: 5/21/2025
- Listing terms: Conventional,FHA,Other,VA Loan
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 27060
- Tenant pays: Electricity, Heating, Snow Removal, Water
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