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!
Active
Price cut: $2K (6/30)
$157,900
629 5th St, Fort Wayne, IN 46808
4beds
1,622sqft
Single Family Residence
Built in 1935
3,920 Square Feet Lot
$154,300 Zestimate®
$--/sqft
$-- HOA
What's special
Ample off-street parking
- 63 days |
- 461 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Adam Gerig 260-206-6948,
AG Rentals & Management LLC
Source: IRMLS,MLS#: 202615797
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Heating
- Conventional
Cooling
- Window Unit(s)
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,672
- Total interior livable area: 1,622 sqft
- Finished area above ground: 1,622
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
- Dimensions: 30X130
- Features: Level
Details
- Parcel number: 021202104013.000074
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Klaehns
Location
- Region: Fort Wayne
Financial & listing details
- Tax assessed value: $112,100
- Annual tax amount: $2,522
- Date on market: 4/30/2026
Estimated market value
$154,300
$147,000 - $162,000
$1,676/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $157,900-1.3% |
Source: | ||
| 5/15/2026 | Price change | $159,900-3% |
Source: | ||
| 4/30/2026 | Listed for sale | $164,900+97.5% |
Source: | ||
| 3/5/2026 | Listing removed | $965$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Listed for rent | $965+13.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/12/2024 | Listed for rent | $850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/18/2023 | Listed for rent | $850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/25/2020 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/26/2020 | Pending sale | $83,500$51/sqft |
Source: Owner Report a problem | ||
| 9/20/2020 | Listed for sale | $83,500+135.5%$51/sqft |
Source: Owner Report a problem | ||
| 2/21/2012 | Sold | $35,450-7.7%$22/sqft |
Source: Agent Provided Report a problem | ||
| 1/24/2012 | Pending sale | $38,400$24/sqft |
Source: RE/MAX Results Realtors Report a problem | ||
| 1/16/2012 | Price change | $38,400-3.8%$24/sqft |
Source: RE/MAX Results Realtors Report a problem | ||
| 11/4/2011 | Listed for sale | $39,900$25/sqft |
Source: RE/MAX Results Realtors Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,959 -3.1% | $112,100 +30.8% |
| 2024 | $2,021 +46.9% | $85,700 -3.1% |
| 2023 | $1,375 -17.7% | $88,400 +44.4% |
| 2022 | $1,671 +34.4% | $61,200 -18% |
| 2021 | $1,243 +19.4% | $74,600 +31.3% |
| 2020 | $1,041 -13.3% | $56,800 +18.8% |
| 2019 | $1,201 +87.2% | $47,800 -12.8% |
| 2018 | $642 +1.5% | $54,800 +89% |
| 2017 | $632 +9.4% | $29,000 |
| 2016 | $578 -13.9% | $29,000 -10.2% |
| 2014 | $671 -7.3% | $32,300 -7.4% |
| 2013 | $724 +54.1% | $34,900 +48.5% |
| 2011 | $470 | $23,500 -48.9% |
| 2010 | -- | $46,000 -4.6% |
| 2007 | -- | $48,200 -9.7% |
| 2005 | -- | $53,400 |
| 2004 | -- | $53,400 +101.5% |
| 2001 | -- | $26,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Bloomingdale
Nearby schools
GreatSchools rating
- 4/10Bloomingdale Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Lakeside Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10North Side High SchoolGrades: 9-12Distance: 1 mi
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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