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Fully Occupied Duplex
New
For Sale
$160,000

721 Putnam Street, Fort Wayne, IN 46808

MULTI_FAMILY - Fort Wayne, IN

Property Size1,812 SF
Lot Size0.16 Acres
Price / SF$88.30
Days on Market1

Property Features for 721 Putnam Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Parking 4
Lot features Level
Elementary school Bloomingdale
Middle school Lakeside
High school North Side
Elementary school district Fort Wayne Community
Middle school district Fort Wayne Community
High school district Fort Wayne Community
Directions Head north on Pr Lndg Pkwy Continue on Illinois Rd. Take S Hadley Rd, Bass Rd and Spring St to Putnam St in Wayne Township Turn right onto Putnam St ? Destination will be on the right 721 Putnam St
Subdivision Allen County
Standard status Active
APN 02-07-35-356-004.000-074
Size 1,812 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description N Pt of Sp 46.4 X 256.6 E Of Lots 113 125 126 Becks 3rd Add Exc 12ft Alley & Ex W 43.91 Ftfrl Of S 100 Ft
Tax Annual Amount 695
Legal Description N Pt of Sp 46.4 X 256.6 E Of Lots 113 125 126 Becks 3rd Add Exc 12ft Alley & Ex W 43.91 Ftfrl Of S 100 Ft

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Laminate, Carpet
Architectural style Other
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Tyler Dohner · License #RB23000685
Added: Aug 11 Last Checked: Aug 11 at 5:06PM
MLS# 202632650

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this 1,812-square-foot duplex contains two separate units, each configured with two bedrooms and one bathroom. Both residences are occupied by established long-term tenants. Interior finishes include laminate and carpet flooring, and the property also includes a basement and off-street parking.

The property is located at 721 Putnam Street in Fort Wayne, near downtown amenities and the Rivergreenway area. The first-floor unit uses furnace heat with window air conditioning, while the second-floor unit has baseboard heat and window air conditioning. The 0.16-acre parcel provides a compact multifamily setting with access to nearby recreation, employment, shopping, dining, and entertainment.

Key Highlights

  • Duplex includes 2 units, each with 2 bedrooms and 1 bathroom
  • Both units are occupied by established long‑term tenants
  • 1,812 square feet on a 0.16‑acre parcel

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 - Two separate residences provide matching two-bedroom, one-bath layouts with established long-term tenants.
Where is this duplex located?
The property is located at 721 Putnam Street 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: Duplex includes 2 units, each with 2 bedrooms and 1 bathroom; Both units are occupied by established long‑term tenants; 1,812 square feet on a 0.16‑acre parcel
More about this property
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