Property photo 1
4 Beds
2 Baths
1,704 sqft

$259,000

542 Pierce Avenue, Fort Wayne IN, 46807

Price per sqft$152.00
Built in1940
Property size1,704 sqft
Property typeMulti-family

Overview

Active

Listed Jul 27, 2026

Updated Aug 1

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.

$1,723/mo

Est. mortgage payment based on a $259,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
842990

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$3,470
Tax Frequency
Annually
Garage
Yes
Pets Allowed
Yes

Courtesy of Compass Indiana, LLC, Chanan Dozier,
Listing Contact: (708) 514-1621 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rob Gow & Chris Pfauser shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 4:02 AM UTC on 8/1/2026. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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