Downtown Duplex Renovation
462 East Suttenfield Street Fort Wayne, IN 46803
For Sale
$102,000
Duplex near downtown for investors or owner-occupants.
Property Size1,685 SF
Price / SF$60.53
Days on Market112
Property Features for 462 East Suttenfield Street
General Information
Standard status
Active
Size
1,685 SF
Property subtype
Multi Family / Duplex
Building Details
Year Built
1915
Listing Agency:
JM Realty Associates, Inc.
(260) 969-2709
Listed By:
Jerry Starks · License #RB14038134
(260) 969-2709
Source:
Compass
Added: Apr 9
Changed: Jul 10
Last Checked: Jul 29 at 12:10PM
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 duplex, situated in a convenient downtown location, offers an opportunity for investors, flippers, or owner-occupants. The property has been taken down to the studs, providing a clean slate for customization. With demolition complete, rebuilding and installation of new electrical, plumbing, HVAC, windows, finishes, and other updates can commence. The basement walls are solid. Plans and blueprints are available to guide the design and layout, while allowing flexibility for customization. The property size is 1685 square feet. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner, a licensed contractor, may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be an option to live in one unit while renting the other.
Key Highlights
- Clean slate renovation opportunity: Property stripped to the studs, ready for complete customization.
- Strong income potential: Estimated rental income of $1,300–$1,500 per side after renovation.
- High after‑repair value: Estimated ARV of $240,000–$250,000 upon completion.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex near downtown for investors or owner-occupants.
Where is this duplex located?
The property is located at 462 East Suttenfield Street Fort Wayne, IN.
What is the asking price?
The asking price for this property is $102,000.
What are key features of this property?
This property features: Clean slate renovation opportunity: **Property stripped to the studs, ready for complete customization.**; Strong income potential: Estimated rental income of $1,300–$1,500 per side after renovation.; High after‑repair value: **Estimated ARV of $240,000–$250,000 upon completion.**
