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Duplex with Detached Garage
For Sale
$199,900

1505 Swinney Avenue, Fort Wayne, IN 46802

Income-producing duplex with central air, basement storage, separated electrical, and a fenced backyard near downtown.

Property Size2,232 SF
Price / SF$89.56
Days on Market196

Property Features for 1505 Swinney Avenue

General Information

Standard status Active
Size 2,232 SF
Property subtype Multi Family / Duplex
Occupancy 100%

Units

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

Taxes and HOA fees

Annual Taxes $4,350

Amenities

full basement
detached garage
fenced-in backyard
central air
Central Air
2
Yes
Carpet, Vinyl
Gas, Forced Air
Stone
Full Basement, Unfinished
1
4
No
Chain Link
Vinyl
Basement, Ceiling Fan, Fenced Yard, Near Walking Trail, Storage, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Gas
Asphalt
Sidewalks

Building Details

Year Built 1910
Units 2
Tenancy Multi
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Greg Brown · License #RB14043269
Source: Compass
Added: Feb 20 Changed: Aug 31 Last Checked: Aug 30 at 9:52AM

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 CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

Built in 1910, this duplex contains 2,232 square feet across two residential units. Each unit offers two bedrooms and one full bathroom, with central air serving both apartments. The property also includes a full unfinished basement for storage, a 24x24 detached garage, and a fenced backyard. One furnace has been recently replaced, and the electrical service is separated between the units.

Both apartments are currently rented. The property is located on Swinney Avenue in Fort Wayne, near downtown and the Electric Works project, with sidewalks and proximity to a walking trail. Its existing two-unit layout, dedicated garage, and basement provide a clear residential income-property configuration.

Key Highlights

  • Two‑unit duplex with 2,232 square feet of living space
  • Each unit includes 2 bedrooms and 1 full bathroom
  • 24x24 detached garage plus full unfinished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Dental Office Accounting Firm Garden Center Florist

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 46802, IN

10,664
Population
5,831
Households
1.8
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
2,539
Density / Sq Mi
$40,903
Median Household Income
$32,172
Median Earnings
$880
Median Rent
$131,600
Median Home Value

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 - Income-producing duplex with central air, basement storage, separated electrical, and a fenced backyard near downtown.
Where is this duplex located?
The property is located at 1505 Swinney Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,232 square feet of living space; Each unit includes 2 bedrooms and 1 full bathroom; 24x24 detached garage plus full unfinished basement
More about this property
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