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New Construction Duplex
For Sale
$394,900

331 W Butler Street, Fort Wayne, IN 46802

INVESTMENT, Two Story, Fort Wayne, IN

Property Size2,400 SF
Lot Size0.16 Acres
Price / SF$164.54
Days on Market8

Property Features for 331 W Butler Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 5
Parking 4
Parking features Garage, Off Street
Subdivision Fox(s)
Lot features City/ Town/ Suburb, Level
Elementary school Fairfield
Middle school Kekionga
High school South Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions Webster to Butler, Butler is a one way road.
Standard status Active
APN 02-12-11-407-006.000-074
Size 2,400 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 75 WILLIAMS ADD
Tax Annual Amount 2000
Legal Description LOT 75 WILLIAMS ADD

Utilities

Cooling system Central Air

Amenities

covered front porch

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Flooring type Carpet, Vinyl
Roof type Asphalt
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Jeff Colone · License #RB16001154
Added: Oct 6 Changed: Oct 10 Last Checked: Oct 13 at 2:06AM
MLS# 202641468

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Under construction for 2026, this duplex contains two three-bedroom residences with approximately 2,400 square feet combined. Each home has an open living area, an eat-in kitchen with bar seating, a primary bedroom with an en suite bathroom, and an attached one-car garage. Covered front porches serve both units, and the property occupies 0.16 acres.

The property is in Fort Wayne, with downtown, hospitals, restaurants, shopping, and everyday services described as nearby. Each residence has three bedrooms, creating a six-bedroom configuration across the building.

Key Highlights

  • Two three‑bedroom units, with six bedrooms total
  • Approximately 2,400 square feet across the building
  • Each unit includes an attached one‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Florist Pet 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

907
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two separate residences offer open living areas, private primary suites, and attached garages.
Where is this duplex located?
The property is located at 331 W Butler Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Two three‑bedroom units, with six bedrooms total; Approximately 2,400 square feet across the building; Each unit includes an attached one‑car garage
More about this property
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