Leased Two-Unit
For Sale
$119,900
2927 Broadway Avenue, Fort Wayne, IN 46807
INVESTMENT, Two Story, Fort Wayne, IN
Property Size1,516 SF
Lot Size0.13 Acres
Price / SF$79.09
Days on Market52
Property Features for 2927 Broadway Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Bedroom 3
Parking features
Off Street
Basement
Block
Lot features
Level
Elementary school
Fairfield
Middle school
Portage
High school
South Side
Elementary school district
Fort Wayne Community
Middle school district
Fort Wayne Community
High school district
Fort Wayne Community
Directions
Head south on Broadway Ave from Creighton Ave. Property is on the left.
Subdivision
Allen County
Standard status
Active
APN
02-12-15-233-011.000-074
Size
1,516 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 166 W J & M S VESEYS 3RD ADDITION
Legal Description
LOT 166 W J & M S VESEYS 3RD ADDITION
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Brett Dennon
(260) 410-0217
Added: Aug 7
Changed: Sep 22
Last Checked: Sep 27 at 1:06PM
MLS# 202632110
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.
Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,516 square feet on a 0.13-acre lot. Built in 1920, the property includes carpet and laminate flooring, shingle roofing, and off-street parking. The room layout includes three bedrooms, two bathrooms, and a basement.
Both units are occupied under existing leases. The upper unit is leased through May 2027, and the lower unit is leased through October 2026. Tenants handle their individual gas and electric service, while the owner maintains water, sewer, and trash accounts. Each tenant reimburses $40 per month for those services under the applicable lease terms.
Both units are occupied under existing leases. The upper unit is leased through May 2027, and the lower unit is leased through October 2026. Tenants handle their individual gas and electric service, while the owner maintains water, sewer, and trash accounts. Each tenant reimburses $40 per month for those services under the applicable lease terms.
Key Highlights
- Both units are occupied under leases extending through May 2027 and October 2026
- 1,516‑square‑foot duplex on a 0.13‑acre lot
- Built in 1920 with shingle roofing and carpet and laminate flooring
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 46807, IN
16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied residential income property with separate utility responsibilities and off-street parking.
Where is this duplex located?
The property is located at 2927 Broadway Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Both units are occupied under leases extending through May 2027 and October 2026; 1,516‑square‑foot duplex on a 0.13‑acre lot; Built in 1920 with shingle roofing and carpet and laminate flooring
