Recently Renovated
For Sale
$259,000
542 Pierce Ave, Fort Wayne, IN 46807
Fully leased two-unit property with updated systems, refreshed interiors, and tenant-oriented outdoor space.
Property Size1,704 SF
Price / SF$151
Days on Market14
Property Features for 542 Pierce Ave
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,470
Amenities
large backyard
Building Details
Tenancy
Multi
Listing Agency:
Compass Indiana, LLC
(708) 514-1621
Listed By:
Chanan Dozier · License #471020308
(708) 514-1621
Source:
Exprealty
Added: Jul 27
Changed: Aug 5
Last Checked: Aug 9 at 9:59AM
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 Compass Indiana, LLC
Investment Insights
Based on property information with market context.
This recently renovated duplex contains two 2-bedroom units totaling 1,704 square feet. Both residences are leased and include living areas connected to dining spaces, hardwood flooring, luxury vinyl flooring, stainless steel refrigerators and ranges, updated bathroom vanities, and large backyards. The property also benefits from a new roof, new central air, forced-air heating, and updated hot water systems.
Located at 542 Pierce Ave in Fort Wayne, Indiana, the building offers a residential income configuration with improvements already completed across major building systems and unit interiors. Each unit is identified as 540 or 542 Pierce, providing separate two-bedroom residences within the duplex.
Located at 542 Pierce Ave in Fort Wayne, Indiana, the building offers a residential income configuration with improvements already completed across major building systems and unit interiors. Each unit is identified as 540 or 542 Pierce, providing separate two-bedroom residences within the duplex.
Key Highlights
- Two 2‑bedroom units totaling 1,704 square feet
- Both units currently rented
- New roof and new central air
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property with updated systems, refreshed interiors, and tenant-oriented outdoor space.
Where is this duplex located?
The property is located at 542 Pierce Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two 2‑bedroom units totaling 1,704 square feet; Both units currently rented; New roof and new central air
