462 E Suttenfield Street, Fort Wayne, IN 46803
Local realty services provided by:ERA Crossroads
Listed by: jerry starks, jerry starksCell: 260-479-8161
Office: jm realty associates, inc.
MLS#:202617879
Source:Indiana Regional MLS
Price summary
- Price:$109,000
- Price per sq. ft.:$51.17
About this home
Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don’t miss this opportunity to create value and build wealth with a duplex in a convenient downtown location....
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Home facts
- Year built:1915
- Listing ID #:202617879
- Added:1 day(s) ago
- Updated:May 13, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Vinyl, Wood
- Basement Description:Crawl
- Living area:1,440 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1915
- Building area:1,440 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Wood
- Exterior Features:Porch Open
- Levels:2 Stories
Schools
- High school:South Side
- Middle school:Shawnee
- Elementary school:Fairfield
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$109,000
- Price per sq. ft.:$51.17
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