Active

$124,900

2927 Broadway, Fort Wayne, IN 46807

3beds

1,516sqft

$837/mo

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Duplex

Built in 1920

-- sqft lot

$118,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Instant portfolio upgrade! This fully leased duplex offers immediate rental income with both units occupied by established tenants. The upper unit is leased through May 2027, while the lower unit is leased through October 2026, providing stable cash flow for the next owner. Tenants are responsible for their own gas and electric utilities. The owner maintains the water, sewer, and trash accounts, with each tenant reimbursing $40 per month for these services as outlined in their lease. This is an excellent opportunity to add a strong income-producing property to your investment portfolio. Don't miss this exceptional value and turnkey investment opportunity!

13 days

594

34

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Cooling

None

Appliances

Included: Gas Water Heater
Laundry: Washer Hookup

Features

Flooring: Carpet, Laminate
Basement: Unfinished,Block

Interior area

Total structure area: 2,316
Total interior livable area: 1,516 sqft
Finished area above ground: 1,516
Finished area below ground: 0

Property

Parking

Parking features: Off Street, On Street
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 5,662 Square Feet
Dimensions: 40X140
Features: Level

Details

Additional structures: None
Parcel number: 021215233011.000074

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl Siding
Foundation: Basement
Roof: Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Fort Wayne

Financial & listing details

Tax assessed value: $112,100
Annual tax amount: $2,522
Date on market: 8/7/2026
Listing terms: Cash,Conventional
Inclusions: Lease
Lease term: 12 Months
Total actual rent: 16800
Tenant pays: Electricity, Heating

Estimated market value

$118,900

$113,000 - $125,000

$1,625/mo

Price history

Date	Event	Price
8/7/2026	Listed for sale	$124,900+213%
Source: IRMLS #202632110 Report a problem
8/27/2002	Sold	$39,900$26/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,657 +47.1%	$112,100 -3.5%
2024	$1,806 +3.2%	$116,200 +47.1%
2023	$1,751 +81.4%	$79,000 +1.4%
2022	$965 +25.3%	$77,900 +80.7%
2021	$770 +3.1%	$43,100 +22.4%
2020	$747 -24.4%	$35,200 +2.6%
2019	$989 +11.4%	$34,300 -23.9%
2018	$887 +7.7%	$45,100 +12.5%
2017	$824 -2.9%	$40,100 +6.1%
2016	$848 +38.8%	$37,800 +28.6%
2014	$611 -0.6%	$29,400 -0.7%
2013	$614 +279.3%	$29,600 +265.4%
2011	$162	$8,100 -2.4%
2010	--	$8,300 -81.1%
2007	--	$43,900 +119.5%
2005	--	$20,000 -58.1%
2004	--	$47,700 +95.5%
2001	--	$24,400 +200.1%
1999	--	$8,130