629 5th St, Fort Wayne, IN, 46808
About This Home
This well-maintained duplex offers two spacious 2-bedroom, 1-bathroom units in a convenient location. Whether you're looking for an income-producing investment or a home with built-in rental income to offset your mortgage, this property delivers solid value and easy management. Unit Layout & Features: - **Downstairs Unit (2BD/1BA):** Bright and functional living space with two bedrooms, a full bathroom, kitchen, and living area. Ready for immediate occupancy or your personal use. Washer/Dryer setup for this unit in unit - **Upstairs Unit (2BD/1BA):**. Currently rented with tenant paying $965 per month + electric**. Key Property Highlights: - **Separate Electric Meters** for each unit – tenants responsible for their own electricity. - **Shared Water & Gas** on one meter (owner-paid, easily factored into rents). - **2-Car Detached Garage** – great for additional storage, parking, or workshop space or could be rented back to tenants for additional income. - Ample off-street parking and a manageable yard for low-maintenance living. This duplex is an excellent turnkey investment with immediate cash flow from the upstairs unit. The downstairs unit can be rented at market rate($965) for even stronger returns or lived in by the new owner. Ideal for investors or anyone looking to offset their monthly mortgage payments with a tenant already placed. Schedule a showing today to see the potential for yourself!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,622
Heating & Cooling
- Heating features: Conventional
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,672
- Total interior livable area: 1,622 sqft
Property
Details
- Parcel number: 021202104013.000074
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,920 sqft
- Features: Level
- Lot size dimensions: 30X130
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $798 | $9,576 |
| Home Insurance * | $110 | $1,320 |
| Property Taxes | $227 | $2,724 |
| Electricity | $184 | $2,212 |
| Total | $1,319 | $15,828 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $164,900 |
| 2026-03-05 | Listing removed | $965 |
| 2026-02-13 | Listed for rent | $965 |
| 2024-04-05 | Listing removed | -- |
| 2024-03-12 | Listed for rent | $850 |
| 2024-03-06 | Listing removed | -- |
| 2023-12-18 | Listed for rent | $850 |
| 2020-12-25 | Listing removed | -- |
| 2020-09-26 | Pending sale | $83,500 |
| 2020-09-20 | Listed for sale | $83,500 |
| 2012-02-21 | Sold | $35,450 |
| 2012-01-24 | Pending sale | $38,400 |
| 2012-01-16 | Price change | $38,400 |
| 2011-11-04 | Listed for sale | $39,900 |
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