Search
Two-Unit Duplex With Parking
For Sale
$150,000

721 Putnam Street, Fort Wayne, IN 46808

INVESTMENT, Two Story, Fort Wayne, IN

Property Size1,812 SF
Lot Size0.16 Acres
Price / SF$82.78
Days on Market53

Property Features for 721 Putnam Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, 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 Changed: Sep 13 Last Checked: Oct 2 at 1:06AM
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.

This 1,812-square-foot duplex, built in 1900, contains two separate two-bedroom, one-bath residences within a two-story layout. Both units are occupied by established long-term tenants. Interior finishes include laminate and carpet flooring, and the property includes a basement and off-street parking.

The first-floor residence has furnace heat and window air conditioning, while the upper unit is served by baseboard heat and window air conditioning. Located near downtown Fort Wayne, the property offers access to nearby recreation, employment, shopping, dining, and entertainment. The 0.16-acre parcel is positioned near the Rivergreenway area and surrounding redevelopment activity.

Key Highlights

  • Two separate 2‑bedroom, 1‑bath units in a duplex configuration
  • 1,812 square feet on a 0.16‑acre parcel
  • Built in 1900 with a two‑story layout and basement

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied income property near downtown Fort Wayne with separate residences and off-street parking.
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 $150,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath units in a duplex configuration; 1,812 square feet on a 0.16‑acre parcel; Built in 1900 with a two‑story layout and basement
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again