Wholesale Turnkey

High cash-flow turnkey duplex in Fort Wayne, IN

423 W Masterson Ave, Fort Wayne, IN 46802

$220,000 After Repair Value -
$126,900 Asking Price -
$0 Cost of Repairs =
$93,100 Potential Profit

Property Details

Asking Price $126,900

After Repair Value $220,000

Costs of Repairs $0

Potential Profit $93,100

Living Area 1792 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 2

Half Bathrooms 2

Parking 0

Listed with Agent No

Property Description

Unlock steady income and long-term growth with this updated, tenant-occupied 4-bed/3-bath duplex in the heart of Fort Wayne. Each side-by-side unit features spacious 2-bed/1.5-bath layouts, modern interiors with new paint and finishes, and recently upgraded mechanical systems- all designed for easy management and reliable returns.
Currently generating $1,800 per month in rental income ($900/unit), this property boasts strong cash flow from day one. Freshly upgraded kitchens, new water heaters, efficient furnaces, and all new windows and patio doors mean lower maintenance and higher tenant satisfaction. Moreover, the basement provides extra storage!
Located minutes from downtown Fort Wayne’s revitalizing core, the duplex sits in a high-demand rental corridor close to major employers, lively amenities, and top local schools- ensuring a deep pool of quality tenants. With an asking price below area comps and a strong rent roll, this is the ideal turnkey investment for new and seasoned investors alike.

CONTACT LISTING OWNER

George Punnen

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