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Two-Unit Residential Property
For Sale
$178,000

237 W Leith Street, Fort Wayne, IN 46806

Occupied residential income property with separate upper and main-floor apartments plus rear off-street parking.

Property Size2,232 SF
Price / SF$79.75
Days on Market11

Property Features for 237 W Leith Street

General Information

Standard status Active
Size 2,232 SF
Property subtype Residential Income

Units

Unit Mix 3 bed 1 bath, 2 bed 1 bath
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,962
Listing Agency: eXp Realty, LLC
Listed By: Brett Dennon
Source: Exprealty
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 10:37PM

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 2,232-square-foot duplex contains two separately configured apartments. The main-floor residence offers three bedrooms and one bathroom across more than 1,200 square feet, while the upper apartment includes two bedrooms and one bathroom across more than 900 square feet. The building dates to 1916 and provides off-street parking behind the property.

Both apartments are occupied under leases with different expiration dates. The main-floor lease runs through July 2027, and the upper-unit lease ends in September 2026, with renewal eligibility noted for that residence. The owner covers water, sewer, and trash service, while water usage is billed back to the tenants. Both occupants have remained in place for more than one year.

Key Highlights

  • 2,232‑square‑foot duplex built in 1916
  • Main‑floor unit has 3 bedrooms, 1 bathroom, and more than 1,200 square feet
  • Upper unit has 2 bedrooms, 1 bathroom, and more than 900 square feet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Skin Care Clinic

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

651
Businesses Nearby

Demographics for 46806, IN

26,083
Population
10,282
Households
2.5
Avg Household Size
29
Median Age
9%
College-Educated
73%
High-School Grad
8.3 sq mi
ZIP Area
3,143
Density / Sq Mi
$44,601
Median Household Income
$31,472
Median Earnings
$924
Median Rent
$78,000
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 - Occupied residential income property with separate upper and main-floor apartments plus rear off-street parking.
Where is this duplex located?
The property is located at 237 W Leith Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: 2,232‑square‑foot duplex built in 1916; Main‑floor unit has 3 bedrooms, 1 bathroom, and more than 1,200 square feet; Upper unit has 2 bedrooms, 1 bathroom, and more than 900 square feet
More about this property
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