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Duplex Rebuild Opportunity

462 E Suttenfield Street Fort Wayne, IN 46803

Claim this Listing
For Sale
$102,000

MULTI_FAMILY - Fort Wayne, IN

Property size:
1,685 SF
Lot size:
0.05 Acres
Price / SF:
$60/SF
Added:
May 15, 2026
Days on Market:
59
Last Refresh:
Jul 12 at 4:06 am

Property Features for 462 E Suttenfield Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Basement, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Standard status
Active
APN
02-12-12-354-009.000-074
Size
1,685 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
Lasselles Addition N 77' of E 1/2 Lot 209

Building Details

Year built
1915
Floors in Building
3
Number of units
2
Flooring type
Carpet, Wood, Vinyl
Architectural style
Other

Listing agent Jerry Starks License #RB14038134

Listing office JM Realty Associates, Inc. 3472 Stellhorn Rd., Fort Wayne, IN

Listing date May 15, 2026

MLS# 202618627

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 duplex is currently being stripped down to the studs, with the major demolition already completed. The intent is a full rebuild with new electrical, plumbing, HVAC, windows, and interior finishes to match a buyer’s specifications. Basement walls are reported to be solid, providing a base for the next phase of work. Plans and blueprints are available to guide the design and layout, with flexibility to customize how the two sides are finished.

The property is located in Fort Wayne, Indiana, near downtown, at 462 E Suttenfield Street (Allen County, 46803). The lot size is listed at 0.05 acres, with total property size of 1,685 square feet. While the remarks position the home for convenient access to the downtown area, no additional street or frontage details are provided.

For investors, flippers, or owner-occupants, this configuration can appeal to those seeking a renovation project they can shape from the beginning. The seller reports the ability to install the remaining improvements, and a licensed contractor is involved who may discuss completing the renovation after purchase. The remarks also include an estimated rental income of approximately $1,300–$1,500 per side after completion and an estimated after-repair value around $240,000–$250,000. FHA 203(k) financing is noted as a possible fit to help support a live-in and rent-out approach.

Key Highlights

  • 1915‑built duplex with wood, carpet, and vinyl flooring
  • Major demolition already completed with the property taken down to the studs
  • Owner reports basement walls are solid

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Gym & Fitness Center Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Major demolition is complete and the property is down to the studs, ready for a full renovation plan.
Where is this duplex located?
The property is located at 462 E Suttenfield Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $102,000.
What are key features of this property?
This property features: 1915‑built duplex with wood, carpet, and vinyl flooring; Major demolition already completed with the property taken down to the studs; Owner reports basement walls are solid
Contact an agent
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