706 3rd Street Fort Wayne, IN 46808

Multi-Family (2-4 Units) MLS #: 202502308 Courtesy Of Mike Thomas Associates, Inc

$99,900

4 beds | 2 baths | 1,884 sq ft
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Estimated monthly payments: $437/mo.* (recalculate)

Property InformationDescription

Amazing investment opportunity just one block from the upcoming riverfront development! This up-and-down duplex is a work in progress, with all the major exterior updates already completed, including a brand-new roof, windows, and siding. The electric is separately metered for both units, offering ultimate convenience for future tenants or owners. The interior is ready for your finishing touches let your imagination run wild to design a space that meets your rental income goals, whether for long-term tenants or short-term rentals like Airbnb. Each unit features 2 bedrooms and 1 full bath, with separate furnaces and shared basement access. The property also includes 2 off-street parking spaces accessed from the alley. Prime location, endless potential this is your chance to invest in a property with huge upside in a growing area!
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Features

  • Amenities: Dock, Patio
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Wood
  • Lot Size: 0.11 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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706 3rd Street, Fort Wayne, IN 46808
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School Information

706 3rd Street, Fort Wayne, IN 46808

Elementary School
Grades PK-5 | Public School
BLOOMINGDALE ELEMENTARY SCHOOL
Fort Wayne, IN 46808
1300 Orchard St
260.­467.6700
Distance: 0.2 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
331
Middle School
Grades 6-8 | Public School
NORTHWOOD MIDDLE SCHOOL
Fort Wayne, IN 46825
1201 E Washington Center Rd
260.­467.2930
Distance: 3.5 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
585
Middle School
Grades 6-8 | Public School
LAKESIDE MIDDLE SCHOOL
Fort Wayne, IN 46805
2100 Lake Ave
260.­467.8625
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
512
High School
Grades 9-12 | Public School
NORTH SIDE HIGH SCHOOL
Fort Wayne, IN 46805
475 E State Blvd
260.­467.2800
Distance: 1.1 mi
School Rating
D-
Student:Teacher Ratio
20:1
Total Students
1547
Other Nearby Schools Distance Type Grades School Rating
Smith Academy For Excellence 0.8 mi Public 4-12 C-
Washington Elementary School 0.8 mi Public PK-5 C
Queen Of Angels School 0.9 mi Private PK-8
Emmanuel-st Michael School 0.9 mi Private PK-8
Franke Park Elementary School 1.1 mi Public PK-5 B-
Price Elementary School 1.1 mi Public KG-5 C+
St Paul's Lutheran School 1.1 mi Private KG-8
Emmaus Lutheran Church & School 1.6 mi Private PK-8
Forest Park Elementary School 1.7 mi Public PK-5 C-
St Joseph Catholic School 1.7 mi Private PK-8
Study Elementary School 1.9 mi Public PK-5 D
Fairfield Elementary School 2.0 mi Public PK-5 C
South Wayne Elementary School 2.0 mi Public PK-5 D+
Bunche Elementary School 2.0 mi Public PK-KG
St Jude Elementary School 2.1 mi Private PK-8
Memorial Park Middle School 2.3 mi Public 6-8 C
Portage Middle School 2.3 mi Public 6-8 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fort Wayne, IN 46808

Median Age: 37.6
Married: 33%
Number of Households: 8,554
Households with Children: 26.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.