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About This Home

This 4-bedroom, 2-bathroom single family at 629 5Th Street in Fort Wayne, IN is listed for $159,900 ($99 per sqft). Built in 1935, the home offers 1,622 sqft of living space on a 0.09 acres lot.

Agent Description

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!

Key Features

  • Built in 1935
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
2 full
1935

Amenities

Basement

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

629 5Th Street

Fort Wayne, IN 46808-2718

Klaehns

Features & Amenities

Exterior Features

None

Property Details

Parking

GarageGarage - Detached

Questions & Answers

This 4-bedroom, 2-bathroom single family at 629 5Th Street is listed at $159,900 ($99/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1935, 0.09 acre lot, 2 stories. Exterior Features: None.

This property is listed by Adam Gerig and can be reached at 2609084263 or adam@agpropertiesfw.com.

AG

Adam Gerig

Agent at AG Rentals & Management LLC

(260) 908-4263

Listed by AG Rentals & Management LLC · View on Broker Site

MLS# 202615797· Source: listhub· Updated 32 days ago

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

629 5Th Street, Fort Wayne, IN 46808-2718

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