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Duplex with Separate Basements
For Sale
$249,900

1203 Spring St, Fort Wayne, IN 46808

Each residence has its own entrance and a dedicated covered garage space.

Property Size1,990 SF
Price / SF$125.58
Days on Market10

Property Features for 1203 Spring St

General Information

Standard status Active
Size 1,990 SF
Property subtype Multi-Family

Building Details

Year Built 1910
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman · License #RB19001056
Source: Spencerchildersgroup
Added: Sep 28 Last Checked: Oct 5 at 10:29PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This 1,990-square-foot duplex contains two side-by-side residences, each with a private entrance and basement. The right-hand unit has three bedrooms and one full bathroom; the left-hand unit has two bedrooms and one full bathroom. Both interiors have been remodeled, with updated kitchens, newer vinyl windows, new high-efficiency furnaces, and central air conditioning. Each side also has a dedicated garage space, and the property includes a fenced side yard.

The building dates to 1910 and has a new roof and vinyl siding. Both basements provide laundry and storage space, and each unit has an updated water heater. The property is adjacent to North Highlands and Hamilton Park, with the University of Saint Francis a short drive away.

Key Highlights

  • 1,990‑square‑foot side‑by‑side duplex
  • Right unit: 3 bedrooms and 1 full bathroom; left unit: 2 bedrooms and 1 full bathroom
  • Separate entrances and basements; each unit has a dedicated garage bay

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Acupuncture

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

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
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 - Each residence has its own entrance and a dedicated covered garage space.
Where is this duplex located?
The property is located at 1203 Spring St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,990‑square‑foot side‑by‑side duplex; Right unit: 3 bedrooms and 1 full bathroom; left unit: 2 bedrooms and 1 full bathroom; Separate entrances and basements; each unit has a dedicated garage bay
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