Address
416 Archer Avenue, Fort Wayne, IN
Price
$ 209,900
Property Attributes
  • MLS#202417225
  • TypeMulti-Family
  • CountyALLEN
  • CityFort Wayne
  • AreaWayne
  • NeighborhoodPfeiffer Place
  • Zip46808
  • StyleDuplex
  • Year Built1900
  • Taxes$ 2386
  • Price$ 209,900
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2376
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Great income property located just off the Wells Street Corridor with walking access to shops, restaurants, Promenade Park and all that Downtown Fort Wayne has to offer. Both upstairs and downstairs units have 3 bedrooms, 1 full bath and a kitchen with refrigerator, range. The home features new carpet and fresh paint in both units as well as newer furnaces and AC units. Separate entrances for each unit with covered and enclosed staircase for upstairs apartment. Attached garage and spacious basement have been used as "owner's locker" and not included in rental of main floor apartment. All utilities are split for each unit with mechanicals located in the basement. Circuit breaker style electrical panels and blown insulation. On and off street parking provides convenient access. Tenants rights in main floor unit until October 31, 2025. Upstairs unit unoccupied.Showings anytime for upstairs unit. Main unit showings require 24 hours notice to tenant. Access after 5pm.

Elementary School Middle School High School
Franke Park Elementary School Northwood Middle School North Side High School
Price History
5/15/2024 Listed $209,900

General Features

Heating Gas,Forced Air
Cooling Central Air
Sewer City
Status Active
Full Baths 2
Bathrooms 2
Year Built 1900
New Construction No
Tenant Pays Cooling,Electric,Heating,Sewer,Trash Collection,Water
Subdivision Pfeiffer Place
Style Two Story
Stories 2
Township Wayne
Class INVESTMENT
Type Duplex
Age 124
Net Income 16813.2
Rent Income 19200
FIPS Code 18003
OwnerPays Tax,Other
Features Basement,Off Street Parking,Storage
Associated Document Count 5
REO No
Status Active
Auction Y/N No
Area Allen County
High School North Side
City Fort Wayne
School District Fort Wayne Community
Assoc. Dues Frequency Not Applicable
Pet Restrictions Y/N Yes
Total Sq Ft 3596
Street Name Archer
Elementary School Franke Park
Middle School Northwood
Legal Description LOT 41 NORTH WAYNE ADD
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202417225
Agent First Name Erin
Agent Last Name Poiry
DOM 7
Tax Year 2024

Interior Features

Basement Unfinished
Flooring Carpet,Laminate
Beds 6
Total Number of Units 2
Unit 1 SqFt 1220
Unit 2 SqFt 1156
Refrigerators 2
Total Finished SqFt 2376
Basement Y/N Yes
Above Grade Bedrooms 6
Ranges/Ovens 2
W/D Hookups 2
Above Grade Finished SqFt 2376
Below Grade Unfin. SqFt 1220
Num. of 3 Bedrooms 2
Unit 1-# of Bathrooms 1
Unit 1-# of Bedrooms 3
Unit 2-# of Bathrooms 1
Unit 2-# of Bedrooms 3

Exterior Features

Exterior Vinyl
Pool No
Number of Parking Spaces 2
Lot Size Area 7405
Lot Dimensions 143X9X44X149X48
Lot Description Level
Outbuilding None
Approx. Lot Size Acres 0.17
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on May 24, 2024 9:01 AM UTC

Property vs Multi-Family Average in 46808

Price
AVG $230K
$210K
Taxes
AVG $2,993
$2,386
Visits
AVG 75
8
Data Provided by Inside Real Estate®
Year Built
AVG 1907
1900