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Fully Occupied Two-Unit Duplex
For Sale
$160,000

721 Putnam St, Fort Wayne, IN 46808

Income-producing duplex with separate residences, off-street parking, and established tenancy.

Property Size1,812 SF
Price / SF$88.30
Days on Market20

Property Features for 721 Putnam St

General Information

Standard status Active
Size 1,812 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,716

Building Details

Buildings 1
Tenancy Multi
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Tyler Dohner · License #RB23000685
Source: Exprealty
Added: Aug 11 Changed: Aug 24 Last Checked: Aug 29 at 2:54PM

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 CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This 1,812-square-foot duplex contains two separate residences, each configured with 2 bedrooms and 1 bathroom. Both units are occupied by established long-term tenants, providing current rental income. Off-street parking is included.

The first-floor residence is equipped with furnace heat and window air conditioning. The second-floor unit uses baseboard heat and window air conditioning, giving each apartment its own heating arrangement. The property is located at 721 Putnam St in Fort Wayne, near downtown amenities and the Rivergreenway, with access to recreation, employment, shopping, dining, and entertainment.

Key Highlights

  • 1,812 SF duplex with two separate 2‑bedroom, 1‑bath residences
  • Both units occupied by established long‑term tenants
  • Off‑street parking included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center Skin Care Clinic HVAC Service Daycare Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex with separate residences, off-street parking, and established tenancy.
Where is this duplex located?
The property is located at 721 Putnam St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1,812 SF duplex with two separate 2‑bedroom, 1‑bath residences; Both units occupied by established long‑term tenants; Off‑street parking included
More about this property
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