Looking for an affordable home or your next investment property? This charming 2-bedroom, 1-bath home offers approximately 700 square feet of living space and is conveniently located on Fort Wayne's southeast side. The property features gas forced air heat and central air. Previous updates include new flooring, water heater, countertops, and paint. The property is currently tenant-occupied on a month-to-month lease at $1,000 per month, providing immediate cash flow and flexibility for future plans. Conveniently located near shopping, schools, parks, and major roadways, this property offers strong potential for both investors, and homeowners alike. Whether you're looking to expand your rental portfolio or purchase an affordable home, this property offers excellent potential at an attractive price point. Schedule your showing TODAY!! * Property is sold "AS-IS". Seller offering a credit toward roof repair with acceptable offer.
Pettit-Rudisill, located between Downtown Fort Wayne and the Southtown corridor, is a historic and residential Fort Wayne neighborhood with early-20th-century brick homes and a grid of tree-lined streets. The neighborhood’s character concentrates around the intersection of Broadway and West Pettit Avenue, where corner storefronts, murals, and steady local traffic set an urban, lived-in rhythm. The Clyde Theatre anchors the area’s cultural calendar, while The Friendly Fox and The Brass Rail add late-night music-and-barroom energy. Sidewalk blocks mix Craftsman bungalows, Tudors, and sturdy two-flats with deep porches and mature canopy trees. Foster Park and the Rivergreenway frame daily routines with trails, gardens, and open lawns. Southbound, the corridor feel shifts toward small-service shops and long-standing eateries.
Provided by Walk Score and Local Logic
Offer insights
4714 Reed St · $115,900
$116K and above
75% chance or better to win
Why $116K+ is a strong offer
DAYS ON MARKET
61 days
The average home goes pending in 15 days.
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Refrigerator
Electric range
Gas water heater
Water heater
Bedrooms
5 total rooms (includes bedrooms and living spaces)
Bathrooms
1 full bathroom
Kitchen
Electric range
Refrigerator
Laundry & utility
Laundry on the main level
Flooring
Carpet
Vinyl
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Level lot
Sidewalks
Lot dimensions approximately 25 x 28
Home design
Single-family residence
Site-built home
Residential property
Parking
Off-street parking
Gravel parking area
Construction
Vinyl siding
Shingle roof
Slab foundation
Approximately 700 above-grade finished area
Utilities
Public water
Public sewer
HOA & community
Community features include sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
Looking for an affordable home or your next investment property? This charming 2-bedroom, 1-bath home offers approximately 700 square feet of living space and is conveniently located on Fort Wayne's southeast side. The property features gas forced air heat and central air. Previous updates include new flooring, water heater, countertops, and paint. The property is currently tenant-occupied on a month-to-month lease at $1,000 per month, providing immediate cash flow and flexibility for future plans. Conveniently located near shopping, schools, parks, and major roadways, this property offers strong potential for both investors, and homeowners alike. Whether you're looking to expand your rental portfolio or purchase an affordable home, this property offers excellent potential at an attractive price point. Schedule your showing TODAY!! * Property is sold "AS-IS". Seller offering a credit toward roof repair with acceptable offer.
IRMLS #202049868
Jan 22, 2021
Sold
$44,000
$63/sq ft
Dec 25, 2020
Listed
$47,900
$68/sq ft
This property has 2 bedrooms, 1 full bathroom, Alum siding, gas forced air with central air, Newer roof and windows installed 2006, Long term tenant at $575 per month. A well kept home by tenant. Can be purchased with 4510 Oliver St.
Year
Property tax
Land + Additions
Assessment*
2025
$1,008 (−13.5%)
$15,300 + $29,500
$44,800
2024
$1,166 (+2.0%)
$15,300 + $35,700
$51,000
2023
$1,143 (+85.6%)
$7,700 + $42,300
$50,000
2022
$616 (−0.7%)
$4,600 + $22,800
$27,400
2021
$620 (+45.4%)
$1,600 + $26,100
$27,700
2020
$427 (+1.0%)
$1,300 + $18,200
$19,500
2019
$422 (−21.7%)
$1,600 + $17,800
$19,400
2018
$539 (+45.1%)
$1,600 + $23,000
$24,600
2017
$372 (+16.9%)
$1,600 + $13,000
$14,600
2016
$318 (+7.8%)
$1,600 + $13,000
$14,600
2015
$295 (−36.7%)
$1,600 + $12,500
$14,100
2013
$466
$1,600 + $11,800
$13,400
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
137 ft.
Lot size
6,852 Sq. Ft.
Year renovated
1952
Finished Sq. Ft.
700
Unfinished Sq. Ft.
—
Total Sq. Ft.
700
Year built
1952
Style
Single Family Residential
County
Allen County
APN
021224279024000074
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R1
AOD
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.
Zone overlays
Airport Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Recreation
Jul 17, 2009 • Final
Heating - residential
Install and check a furnace in a residential building.
HVAC
Jul 17, 2009 • Final
Electrical - residential
Perform an electrical service upgrade.
Electrical
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Fort Wayne, IN • 46806
Average low and high temperatures (°F)
29
16
38
22
57
35
65
44
69
50
82
63
86
67
82
62
80
56
69
45
51
36
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4714 Reed St
$112,627
$3,273 under list price of $116K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $91K to $143K.