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Remodeled Two-Unit Duplex
New
For Sale
$215,000

1156 W Packard Ave, Fort Wayne, IN 46807

Two distinct residences offer updated interiors, separate kitchens, and flexible living arrangements.

Property Size1,596 SF
Price / SF$134.71
Days on Market1

Property Features for 1156 W Packard Ave

General Information

Standard status Active
Size 1,596 SF
Total Parking Spaces 1
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

backyard

Building Details

Year Built 1910
Listing Agency: Trueblood Real Estate, LLC.
Listed By: Brayan Castillo
Source: Spencerchildersgroup
Added: Sep 19 Last Checked: Sep 19 at 9:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trueblood Real Estate, LLC.

Investment Insights

Based on property information with market context.

Built in 1910, this two-unit duplex has been refreshed with new flooring, interior paint, and updated finishes. The lower residence includes one bedroom, a living room, a renovated kitchen with granite countertops, and a full bathroom. Upstairs, the second residence provides two bedrooms, a full bathroom, a kitchen, and a dining area with a breakfast nook.

Recent mechanical updates include a new HVAC system and gas water heater. Outdoor features include a tree-shaded backyard and a detached one-car garage with additional storage space. The two-residence layout supports rental use or an owner-occupied arrangement with a separate unit.

Key Highlights

  • Two‑unit duplex with 1,596 square feet
  • Lower unit includes 1 bedroom, kitchen with granite countertops, living room, and full bath
  • Upper unit offers 2 bedrooms, kitchen, dining area, breakfast nook, and full bath

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Real Estate Agency Big Box & Wholesale Store Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences offer updated interiors, separate kitchens, and flexible living arrangements.
Where is this duplex located?
The property is located at 1156 W Packard Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,596 square feet; Lower unit includes 1 bedroom, kitchen with granite countertops, living room, and full bath; Upper unit offers 2 bedrooms, kitchen, dining area, breakfast nook, and full bath
More about this property
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