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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.
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
Amenities
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
629 5Th Street
Fort Wayne, IN 46808-2718
Klaehns
Features & Amenities
Exterior Features
Property Details
Parking
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.








