Rare opportunity to own a beautifully maintained duplex with the flexibility to live in one unit while generating income from the other. This property features two spacious 2-bedroom, 1-bath units totaling 2,040 square feet and is completely vacant, making it ready for immediate occupancy or tenant placement. Character and charm are found throughout with original hardwood floors, stunning natural woodwork, oversized pantry spaces, and abundant natural light. The upper unit offers a private walk-out balcony, while the lower unit features a welcoming covered front porch. Additional amenities include a full basement with on-site laundry, off-street parking, and a spacious yard. Major improvements have already been completed, including updated roof, HVAC systems, water heaters, vinyl replacement windows, and fresh interior paint. Separate gas and electric utilities for each unit provide added convenience and flexibility. Whether you’re looking for a unique owner-occupant opportunity, a multigenerational living arrangement, or a property that can easily transition into a full investment, 1718 Spring Street offers exceptional value and versatility.
Turnkey duplex investment opportunity in Fort Wayne. This fully vacant property features two 2-bedroom, 1-bath units totaling 2,040 square feet, allowing a new owner to immediately place tenants at current market rents or occupy one unit while generating income from the other. The property has been thoughtfully updated with a newer roof, updated HVAC systems, updated water heaters, vinyl replacement windows, and fresh interior paint. Each unit offers separate gas and electric utilities, helping reduce owner expenses, while water remains owner-paid. Tenants will appreciate the original hardwood floors, beautiful woodwork, generous pantry storage, on-site laundry, off-street parking, covered front porch, spacious yard, and private walk-out balcony serving the upper unit. With both units rent-ready and vacant, investors have a rare opportunity to establish their own rental rates from day one. Whether you’re expanding an existing portfolio or purchasing your first income property, 1718 Spring Street offers strong income potential with major capital improvements already completed.
IRMLS #202624427
Jul 29, 2026
Sold
$205,000
$100/sq ft
Jun 24, 2026
Pending
—
Jun 20, 2026
Listed
$215,000
$105/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,167 (−4.2%)
$34,400 + $195,200
$229,600
2024
$5,395 (+16.0%)
$22,000 + $214,000
$236,000
2023
$4,652 (+88.2%)
$22,000 + $181,500
$203,500
2022
$2,472 (+31.3%)
$12,800 + $97,200
$110,000
2021
$1,884 (+5.0%)
$10,500 + $73,600
$84,100
2020
$1,794 (+34.4%)
$7,000 + $75,000
$82,000
2019
$1,335 (−3.3%)
$5,600 + $55,700
$61,300
2018
$1,381 (−38.4%)
$6,300 + $56,700
$63,000
2017
$2,241 (+9.9%)
$12,500 + $81,100
$93,600
2016
$2,039 (+8.5%)
$12,500 + $81,100
$93,600
2015
$1,880 (−34.8%)
$12,500 + $77,300
$89,800
2013
$2,883
$12,500 + $70,300
$82,800
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
2
Lot width
45 ft.
Lot depth
131 ft.
Lot size
5,894 Sq. Ft.
Year renovated
1924
Sq. Ft.
2,040
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Allen County
APN
020734384012000074
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R1
Single Family Residential District
The Single Family Residential district is intended to create and maintain areas for single family residential uses on individual lots or tracts and to provide for a variety of areas for single family neighborhoods, along with certain additional uses.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Jun 6, 2024 • Active
Building - residential
Tear off and replace the roof on a single-family home.
Roofing
May 9, 2024 • Active
Wrecking - residential
Demolish an existing detached garage on a concrete slab. The slab is to remain in place.
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.