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    517 Lavina St Fort Wayne, IN 46802

    Sponsored
    For Sale
    Pending
    $239,900

    Duplex - Fort Wayne, IN

    Type:Duplex
    Property size:
    1,184 SF
    Lot size:
    0.08 Acres
    Days on Market:
    29
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 517 Lavina St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    02-12-11-133-013.000-074
    Parking features
    Garage, Garage - Detached
    EntryLevel
    Main
    Exterior features
    Basement, Countertops-laminate, Water Heater Gas, None
    Basement Y/N
    1
    Appliances
    Dishwasher, Microwave, Range, Washer
    Size
    1,184 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Floors in Building
    1.5
    Number of units
    2
    Flooring type
    Vinyl
    Architectural style
    Other

    Century 21 Bradley Realty,Inc. (260) 399-1177 [email protected]

    Listing agent Ashley Davidson (260) 399-1177 License #RB23002401

    Listing date Dec 8, 2025

    MLS# 202524103 Listing URL

    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.

    Overview

    Updated Duplex Near Downtown Fort

    This updated duplex presents an investment opportunity in downtown Fort Wayne, situated near Parkview Field, Electric Works, and The Fairfield. Each unit includes one bedroom and one full bathroom, with interiors designed for comfort and functionality. Currently operating as a successful Airbnb with professional management, this property offers a turnkey experience. A complete renovation in 2022 included new siding, fascia, gutters, windows, a front porch, and a new roof. The interior was rebuilt with new framing, electrical, plumbing, insulation, and modern mini-split HVAC systems. The property, suitable for short-term or long-term rentals, is located in a growing area of Fort Wayne. The lot size is 0.0843 acres, and the property size is 1184 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.146247
    Latitude
    41.072682

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near downtown Fort Wayne, a prime investment opportunity.
    Where is this duplex located?
    The property is located at 517 Lavina St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $239,900.
    What are key features of this property?
    This property features: - Prime downtown location near Parkview Field, Electric Works, and The Fairfield.; - Fully renovated in 2022: new siding, roof, windows, electrical, plumbing, and HVAC.; - Turnkey Airbnb operation with professional management and proven cash flow.
    (260) 416-2972
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    517 Lavina St Fort Wayne, IN 46802
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