Active

$259,000

544 Pierce Ave, Fort Wayne, IN 46807

6beds

--sqft

$1,666/mo

Get pre-qualified

Duplex

Built in 1940

-- sqft lot

$248,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Functional comfortable layoutRecently renovatedUpdated hot water systemsNew central air conditioningNew bathroom vanitiesNew roofBeautiful hardwood floors

RECENTLY RENOVATED AND FULLY OCCUPIED, THIS WELL-MAINTAINED DUPLEX IS AN EXCELLENT TURNKEY INVESTMENT OPPORTUNITY. FEATURING TWO SPACIOUS 3-BEDROOM UNITS (544 & 546 PIERCE), THIS PROPERTY OFFERS IMMEDIATE RENTAL INCOME WITH BOTH UNITS CURRENTLY LEASED. RECENT UPDATES INCLUDE A NEW ROOF, NEW CENTRAL AIR CONDITIONING, FORCED-AIR HEATING, LUXURY VINYL FLOORING, UPDATED HOT WATER SYSTEMS, STAINLESS STEEL REFRIGERATORS AND RANGES, AND NEW BATHROOM VANITIES. EACH UNIT ALSO FEATURES BEAUTIFUL HARDWOOD FLOORS, A DINING AREA ADJACENT TO THE LIVING ROOM, AND A FUNCTIONAL, COMFORTABLE LAYOUT THAT APPEALS TO TENANTS. THE LARGE BACKYARD PROVIDES ADDITIONAL OUTDOOR SPACE FOR RESIDENTS. WHETHER YOU'RE LOOKING TO BEGIN YOUR REAL ESTATE INVESTING JOURNEY OR EXPAND AN EXISTING PORTFOLIO, THIS INCOME-PRODUCING DUPLEX OFFERS A FANTASTIC OPPORTUNITY WITH MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED.

31 days
373
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Freezer

Features

None
Has fireplace: No

Interior area

Finished area above ground: 1,000

Property

Features

Levels: Two

Lot

Size: 7,200 Square Feet
Features: Back Yard

Details

Parcel number: 021211376013000074
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Walnut Place Add

Location

Region: Fort Wayne

Financial & listing details

Tax assessed value: $148,900
Annual tax amount: $3,351
Date on market: 7/31/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,VA Loan,FHA,Conventional

Estimated market value

$248,100

$236,000 - $261,000

$1,154/mo

Price history

Date	Event	Price
7/31/2026	Price change	$259,000+172.6%
Source: NIRA as distributed by MLS GRID #843027 Report a problem
5/20/2021	Pending sale	$95,000
Source: IRMLS #202118309 Report a problem
6/17/2016	Listing removed	$460+3.4%
Source: Eisaman Property Management & Realty, INC Report a problem
2/27/2016	Listing removed	$445
Source: Eisaman Property Management & Realty, INC Report a problem
12/2/2015	Listed for rent	$445
Source: Eisaman Property Management & Realty, INC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,185 +47.7%	$148,900 +6.9%
2024	$2,156 +2.8%	$139,300 +47.7%
2023	$2,097 +95.5%	$94,300 +1.1%
2022	$1,073 +25.4%	$93,300 +94.8%
2021	$856 +3.1%	$47,900 +22.5%
2020	$830 -3%	$39,100 +2.6%
2019	$855 +16.8%	$38,100 -2.3%
2018	$732 +2.1%	$39,000 +17.8%
2017	$717 +2.2%	$33,100 +0.6%
2016	$701 +17.2%	$32,900 +14.2%
2014	$599 -6.4%	$28,800 -6.5%
2013	$639 +119%	$30,800 +111%
2011	$292	$14,600 +2.1%
2010	--	$14,300 -61.8%
2007	--	$37,400 -16.9%
2005	--	$45,000
2004	--	$45,000 +58.5%
2001	--	$28,400