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Duplex with Separate Entrances
New
For Sale
$165,000

608 Anderson Avenue, Fort Wayne, IN 46805

The two-level layout contains four bedrooms and two bathrooms, with electric service tracked by separate meters.

Property Size1,620 SF
Price / SF$101.85
Days on Market5

Property Features for 608 Anderson Avenue

General Information

Standard status Active
Size 1,620 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Year Built 1925
Buildings 1
Listing Agency: Coldwell Banker Real Estate Gr
Listed By: Patton Hall
Source: Pattonhall
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 1 at 10:29AM

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 Coldwell Banker Real Estate Gr

Investment Insights

Based on property information with market context.

At 608 Anderson Avenue in Fort Wayne, this 1,620-square-foot duplex has one residence above the other, with a separate entrance for each. The property was built in 1925 and contains four bedrooms and two bathrooms in total. Both units are rented, and professional management is in place.

Electricity is separately metered for the two residences. A single gas meter serves the lower unit, which has gas heat; the upper unit uses electric service, and its tenants supply their own air-conditioning units. Water has one meter, with water and sewer costs allocated using RUBS. The owner currently pays for lawn care. Occupancy and possession remain subject to tenants’ lease rights.

Key Highlights

  • 1,620 square feet in a two‑level duplex
  • Four bedrooms and two bathrooms total
  • Built in 1925

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Acupuncture Veterinary Clinic Butcher Carpet & Flooring 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
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

Demographics for 46805, IN

21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The two-level layout contains four bedrooms and two bathrooms, with electric service tracked by separate meters.
Where is this duplex located?
The property is located at 608 Anderson Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,620 square feet in a two‑level duplex; Four bedrooms and two bathrooms total; Built in 1925
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