Residential Income For Sale

542 Pierce Avenue, Fort Wayne, Indiana

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Property Description

TURNKEY INVESTMENT OPPORTUNITY! THIS RECENTLY RENOVATED DUPLEX FEATURES TWO 2-BEDROOM UNITS (540 & 542 PIERCE), BOTH CURRENTLY RENTED AND GENERATING IMMEDIATE INCOME. RECENT IMPROVEMENTS INCLUDE A NEW ROOF, NEW CENTRAL AIR, FORCED-AIR HEATING, UPDATED HOT WATER SYSTEMS, LUXURY VINYL FLOORING, STAINLESS STEEL REFRIGERATOR AND RANGE, AND NEW BATHROOM VANITIES. EACH UNIT ALSO OFFERS HARDWOOD FLOORS, A SPACIOUS LIVING AREA WITH AN ADJOINING DINING SPACE, AND A LARGE BACKYARD FOR TENANT ENJOYMENT. WHETHER YOU’RE ADDING TO AN ESTABLISHED PORTFOLIO OR PURCHASING YOUR FIRST INVESTMENT PROPERTY, THIS FULLY LEASED DUPLEX OFFERS A STRONG INCOME-PRODUCING OPPORTUNITY WITH MANY MAJOR UPDATES ALREADY COMPLETE.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA842990
Price : $259,000
Bedrooms : 4
Rooms : 0
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1940
Lot Area : 7,200 Sqft
Status : Active
Acres : 0.1653
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air
Pet Policy : Size Limit, Dogs Ok, Cats Ok, Breed Restrictions
Interior Features : Granite Counters, Recessed Lighting
Appliances
Appliances : Dryer, Refrigerator, Washer, Freezer, Gas Range, Stainless Steel Appliance(s)
Address Map
Country : US
State : IN
County : Allen
City : Fort Wayne
Street : Pierce
Street Number : 542
Street Suffix : Avenue
Postal Code : 46807
Floor Number : 0
Longitude : W86° 51' 11.9''
Latitude : N41° 3' 48''
Directions : US-30 to Goshen Ave, Right on Wells St. to Fairfield, Right on Pierce Ave. property is on your right
Subdivision : Ralph E Kellers Add
Township : Wayne
MLS Addon
Office Name : Compass Indiana, LLC
Listing Agent MLS ID : NRA16680
Listing Office MLS ID : NRA2205
Annual Tax Amount : $3,470
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA842990
  • Bedrooms : 4
  • Bathrooms : 2
  • Lot Area : 7,200 Sqft
$259,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent