For Sale
House for sale at 542 Pierce Ave, Fort Wayne, IN 46807 | MLS# 842990 | Listing updated on 2026-07-31
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Street View

$259,000

Monthly Est:$1,289

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

542 Pierce Ave, Fort Wayne, IN 46807

$1,289/moEst:

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  • Duplex

  • Built in 1940

  • $-- HOA

  • 7,200 sqft lot

  • --/sqft

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.

  • Houzeo last checked: 1 hour ago
  • Listing updated: July 31, 2026 at 2:07 am
  • Listing Provided by: Chanan Dozier (708) 514-1621 | Compass Indiana, LLC (317) 563-5051
  • Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 842990 Northwest Indiana REALTORS® Association MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Allen County

  • City

    Fort Wayne

  • Neighborhood

    --

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    7,200 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Indiana REALTORS® Association MLS

  • MLS Number

    842990

  • MLS Status

    Active

  • Days on Market

    74

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

Interior

  • Sewer

    Public Sewer

  • Interior Features

    Granite Counters, Recessed Lighting

  • Appliances

    Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Range, Freezer

  • Heating

    Forced Air

Utilities & Energy

  • Water Source

    Public

Other Features

  • Lot Features

    Back Yard, Few Trees

  • Subdivision Name

    Walnut Place Add

Price History

DateEventPrice

07/31/2026

Source: mls_logoNorthwest Indiana REALTORS® Association MLS-IN #NRA842990

Listed for Sale

$259,000 +91.85%

$0/sqft

07/31/2024

Source: mls_logoIndiana Regional MLS-IN #202428796

Sold

$135,000

$0/sqft

Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Oct 09, 2026, 02:31PM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.

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