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Leased Duplex with Two Occupied Units
For Sale
$124,900

2927 Broadway, Fort Wayne, IN 46807

Both residences are occupied under leases extending into 2026 and 2027.

Property Size1,516 SF
Price / SF$82.39
Days on Market20

Property Features for 2927 Broadway

General Information

Standard status Active
Size 1,516 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,522
Listing Agency: eXp Realty, LLC
Listed By: Brett Dennon
Source: Exprealty
Added: Aug 7 Changed: Aug 20 Last Checked: Aug 25 at 10:55AM

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 1,516-square-foot duplex is fully leased, with both residential units currently occupied. The upper residence has a lease running through May 2027, while the lower residence is committed through October 2026, providing defined lease coverage across the property.

Residents handle their own gas and electric service. Water, sewer, and trash remain under owner management, with tenant reimbursement for those services established in the leases. The property is located at 2927 Broadway in Fort Wayne, Indiana.

Key Highlights

  • 1,516‑square‑foot duplex with both units occupied
  • Upper unit leased through May 2027
  • Lower unit leased through October 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Bakery

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

471
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Both residences are occupied under leases extending into 2026 and 2027.
Where is this duplex located?
The property is located at 2927 Broadway Fort Wayne, IN.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 1,516‑square‑foot duplex with both units occupied; Upper unit leased through May 2027; Lower unit leased through October 2026
More about this property
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