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Duplex with Finished Third Floor
New
For Sale
$279,900

3201 Fairfield Ave, Fort Wayne, IN 46807

Each apartment has three bedrooms, one bathroom, a private entrance, and central air conditioning.

Property Size2,118 SF
Price / SF$132.15
Days on Market4

Property Features for 3201 Fairfield Ave

General Information

Standard status Active
Size 2,118 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,429

Amenities

common laundry area

Building Details

Buildings 1
Listing Agency: eXp Realty, LLC
Listed By: Jordan Wildman
Source: Exprealty
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 6:02AM

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.

Built in 1915 as a two-unit residential property, this duplex contains 2,118 square feet. Each apartment offers three bedrooms and one bathroom, with a separate entrance. The upper apartment also connects to a finished third-floor area. A common laundry area serves the property, and the upper unit has the potential for in-unit washer and dryer hookups.

Renovations include a new roof, vinyl siding, exterior paint, a rebuilt foundation wall, and a reconstructed front porch. Inside, original hardwood floors were restored, and the kitchens were updated with stainless steel appliances, custom cabinetry, and tile backsplashes. The property also has new furnaces, central air conditioning, a dual-zone system with damper controls for the upper floors, and two new water heaters. Water utility costs are allocated through RUBS.

Key Highlights

  • Duplex with two apartments, each offering 3 bedrooms and 1 bathroom
  • 2,118 square feet; built in 1915
  • Finished third‑floor space accessed from the upper apartment

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Parking Lot & Garage HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

733
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 - Each apartment has three bedrooms, one bathroom, a private entrance, and central air conditioning.
Where is this duplex located?
The property is located at 3201 Fairfield Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Duplex with two apartments, each offering 3 bedrooms and 1 bathroom; 2,118 square feet; built in 1915; Finished third‑floor space accessed from the upper apartment
More about this property
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