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  • $85,000

    706 3rd St, Fort Wayne, IN 46808

    4beds
    1,884sqft
    Duplex
    Built in 1880
    -- sqft lot
    $86,800 Zestimate®
    $--/sqft
    $1,424 Estimated rent

    Home value

    $86,800

    $81,000 - $93,000

    $1,424/mo

    Zestimate® history
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    $1,424/mo

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    $1,424/mo

    Rent Zestimate®

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    $415/mo

    Est. payment

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    $415/mo

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    What's special

    Amazing investment opportunity just one block from the upcoming riverfront development! This up-and-down duplex is a work in progress, with all the major exterior updates already completed, including a brand-new roof, windows, and siding. The electric is separately metered for both units, offering ultimate convenience for future tenants or owners. The interior is ready for your finishing touches—let your imagination run wild to design a space that meets your rental income goals, whether for long-term tenants or short-term rentals like Airbnb. Each unit features 2 bedrooms and 1 full bath, with separate furnaces and shared basement access. The property also includes 2 off-street parking spaces accessed from the alley. Prime location, endless potential—this is your chance to invest in a property with huge upside in a growing area!

    Zillow last checked: 8 hours ago

    Listing updated: March 05, 2025 at 07:04am

    Listed by:

    Andrew Kershner 260-602-0757,

    Mike Thomas Assoc., Inc

    Bought with:

    Ben Ruhl, RB22000193

    Coldwell Banker Real Estate Gr

    Source: IRMLS,MLS#: 202502308MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Wood
    • Basement: Full
    Interior area
    • Total structure area: 2,826
    • Total interior livable area: 1,884 sqft
    • Finished area above ground: 1,884
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    Lot
    • Size: 4,791 sqft
    • Dimensions: 29 x 161
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 021202105031.000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne
    • Subdivision: Sweetzer(s)

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    3/5/2025Sold$85,000-14.9%
    Source: IRMLS #202502308 Report a problem
    2/5/2025Pending sale$99,900
    Source: IRMLS #202502308 Report a problem
    2/2/2025Price change$99,900-16.7%
    Source: IRMLS #202502308 Report a problem
    1/24/2025Listed for sale$119,900+166.4%
    Source: IRMLS #202502308 Report a problem
    4/26/2021Sold$45,000
    Source: IRMLS #202111654 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,473 +14.4%$150,400 -1%
    2023$3,036 +758.1%$151,900 +12.4%
    2022$354 +3.7%$135,100 +755.1%

    Find assessor info on the county website

    Neighborhood: Bloomingdale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bloomingdale
    • Middle: Lakeside
    • High: North Side
    • District: Fort Wayne Community

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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