Recently Renovated
542 Pierce Ave, Fort Wayne, IN 46807
For Sale
$259,000
Fully leased two-unit property with updated systems, refreshed interiors, and tenant-oriented outdoor space.
Property SizeContact for details
Days on Market203
Property Features for 542 Pierce Ave
General Information
Standard status
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
large backyard
Building Details
Year Built
Tenancy
Listing Agency:
Compass Indiana, LLC
Listed By:
Chanan Dozier · License IN #471020308
(773) 879-6869
Source:
Jason.northwestindianahomelistings
Added: Apr 26
Changed: Nov 1
Last Checked: Nov 12 at 10:05AM
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
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Investment Insights
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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
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
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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
$133,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Wayne, IN
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Vacancy Rate% for Multifamily in Midwest region
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
