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Duplex Ready for Reconstruction
For Sale
$89,900

462 E Suttenfield St, Fort Wayne, IN 46803

Two-unit residential property near downtown, cleared to the studs for a full interior rebuild and customized renovation.

Property Size1,685 SF
Price / SF$53.35
Days on Market42

Property Features for 462 E Suttenfield St

General Information

Standard status Active
Size 1,685 SF
Property subtype Multi-Family

Building Details

Year Built 1915
Listing Agency: JM Realty Associates, Inc.
Listed By: Jerry Starks · License #RB14038134
Source: Anthonyrealtors
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 7:16PM

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 JM Realty Associates, Inc.

Investment Insights

Based on property information with market context.

This 1,685-square-foot duplex, built in 1915, has been taken down to the studs and is ready for reconstruction. The existing condition provides a blank interior framework for new electrical, plumbing, HVAC, windows, finishes, and related improvements. Solid basement walls remain in place, while available plans and blueprints provide a starting point for the redesigned layout.

Located near downtown Fort Wayne at 462 E Suttenfield St, the property offers two-unit residential income potential after renovation. The owner is a licensed contractor and may be willing to discuss completing the work for a buyer. The configuration also supports an owner-occupant approach with one unit used as a residence and the other rented, subject to final renovation and applicable requirements.

Key Highlights

  • 1,685 SF duplex built in 1915
  • Interior has been stripped to the studs for reconstruction
  • Two‑unit layout supports residential income use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service

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

714
Businesses Nearby

Demographics for 46803, IN

9,686
Population
4,634
Households
2.1
Avg Household Size
30
Median Age
9%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
1,291
Density / Sq Mi
$31,797
Median Household Income
$25,248
Median Earnings
$878
Median Rent
$78,800
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 - Two-unit residential property near downtown, cleared to the studs for a full interior rebuild and customized renovation.
Where is this duplex located?
The property is located at 462 E Suttenfield St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 1,685 SF duplex built in 1915; Interior has been stripped to the studs for reconstruction; Two‑unit layout supports residential income use
More about this property
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