1203 Spring Street

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Contract Out

$249,900

5 beds2 baths1,990 sqft

1203 Spring St, Fort Wayne, IN 46808

Est: $1,646/moGet pre-approved

Multi FamilyProperty Type

0.20 acresLot Size

1910Year Built

$126/sq ftPrice per sq ft

2 carsParking Spaces

Description

Rare Side-by-Side Configuration: Unlike traditional up/down duplexes, this highly desirable layout offers tenants true single-family-style living with max privacy, complete with separate basements, individual entrances, and dedicated garage parking for each side. Immediate Rent Upside: Currently leased below market rate due to winter placement. Projected market rents for these fully updated units easily support $1,295 and $1,195/month once reset to peak market rates. Prime Location: Situated adjacent...Rare Side-by-Side Configuration: Unlike traditional up/down duplexes, this highly desirable layout offers tenants true single-family-style living with max privacy, complete with separate basements, individual entrances, and dedicated garage parking for each side. Immediate Rent Upside: Currently leased below market rate due to winter placement. Projected market rents for these fully updated units easily support $1,295 and $1,195/month once reset to peak market rates. Prime Location: Situated adjacent to the desirable North Highlands neighborhood and Hamilton Park, and just minutes from the University of Saint Francis. Capital Improvements & Updates Roof & Exterior: Brand-new roof on the structure, durable vinyl siding, and a fully divided, private 2-car garage providing designated covered parking for each unit. Interior Remodels: Complete top-to-bottom interior overhauls across both units. Kitchens: Modernized layout featuring new cabinetry, updated countertops, and sleek new appliances. Windows & Fixtures: Newer vinyl windows installed throughout for improved energy efficiency and curb appeal. Mechanicals & Systems: HVAC: Brand-new high-efficiency furnaces and central A/C units for both sides. Water Heaters: Both units feature updated water heaters (estimated 5–10 years old). Unit Breakdown 1203 (Right): Layout: 3 Bedrooms | 1 Full Bathroom Features: Generous living areas, private basement access for laundry/storage, full interior update, new kitchen, and dedicated 1-car garage bay. 1201 (Left): Layout: 2 Bedrooms | 1 Full Bathroom Features: Modernized open feel, private basement, new kitchen, and dedicated 1-car garage bay. Outdoor & Additional Features Fenced Side Yard: Fully enclosed side yard included with the property—a high-value amenity for tenants with pets or outdoor living preferences. Private Basements: Full, separate basements per unit offer extensive extra storage space and private laundry setups. A fully renovated, low-maintenance side-by-side duplex with clear rental upside in a high-demand location.

11 days on Market

Listed by: Jordan Wildman • eXp Realty, LLC Home: 260-498-0384

Last updated: 10/05/2026 03:41 PM • Source: Indiana Regional MLS, MLS#: 202639597

Location

Listing Courtesy of eXp Realty, LLC

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$1,646 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,334

Property Taxes

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Property Information for 1203 Spring Street

Property Details

Taxes: $3,745 / year
MLS Type: Multi Family / Duplex
County: Allen County
Style: Two Story
Subdivision: Hattersleys Willis
Waterfront: No
Pet Restrictions: Yes

Building Information

Stories: 2
Residences: 2
Year Built: 1910
Lot Size: 0.20 AC / 8,520 SF

Summary

Location and General Information

Area: Allen County
City: Fort Wayne

Zip Code: 46808
State: IN
Township: Wayne
Geo Latitude: 41
Geo Longitude: -85
Fips Code: 18003
Directions To Property: Enter into a mapping app

Taxes and HOA

Assessed Value $: $120,700.00
Assoc Dues Frequency: Not Applicable

Year Taxes Payable: 2026
Parcel Number Id: 02-12-03-226-001.000-074

School Information

School District: Fort Wayne Community
Elementary: Bloomingdale

Middle School: Lakeside
High School: North Side

Parking

Number Of Parking Spaces: 2

Virtual Tour

Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/irmls/202639597

Property

Lot Information

Class: INVESTMENT
Property Subtype: Duplex

Approx Lot Size Acres: 0.2
Lot Dimensions: 60X142
Lot Number: 146
Below Grade Unfin Sqft: 960.0
Total Square Feet: 2950.0
Approx Lot Size Sqft: 8520.0
Above Grade Finished Sqft: 1990.0
Below Grade Finished Sqft: 0.0
Total Below Grade Sqft: 960.0
Total Finished Sqft: 1990.0
Above Grade Unfin Sqft: 0.0
Lot Description: Level
Floor Plans Count: 0.0

Property and Assessments

New Construction: No
Year Built: 1910

Age: 116
Planned Unit Development: No

Utilities

Sewer: City
Water Utility: City

Interior and Exterior Features

Exterior Features

Amenities: Basement, Fenced Yard
Exterior: Vinyl

Outbuilding: None
Platted: Yes
Pool: No

Interior Features

Number of Dishwashers: 2
Number of Disposals: 0

Number of Dryers: 0
Number of Microwaves: 2
Number of Ranges/Ovens: 2
Number of Refrigerators: 2
Number of W/D Hookups: 2
Number of Washers: 0
Basement: Yes
Basement/Foundation: Full Basement, Unfinished
Cooling: Central Air
Flooring: Mixed
Heating/Fuel: Gas, Forced Air
Stories: 2
Number of Above Grade Bedrooms: 5
Number of Below Grade Baths: 0
Number of Below Grade Bedrooms: 0
Total Number of Bedrooms: 5
Total Number of Full Baths: 2
Total Number of Half Baths: 0
Total Baths: 2
Number Total Rooms Below Grade: 0
Num Of 1 Bedrooms: 0
Num Of 2 Bedrooms: 1
Num Of 3 Bedrooms: 1
Num Of 4 Bedrooms: 0

Multi Family

Multi-Family Information

Num of Efficiencies: 0
Num of Units Rented: 2

Number of Units: 2

Income & Expenses Information

Annual Electric Expense: $.00
Annual Fuel Expense: $.00

Annual Gross Rent $: $27,180
Annual Insurance Expense: $652
Annual Maint. Expense: $1,000
Annual Misc: $0
Annual Net Income: $21,783
Annual Property Tax: $3,745
Annual Trash Expense: $0
Annual Water/Sewer Exp: $0
Gross Monthly Income: $2,265
Gross Monthly Rent: $2,265

Unit Information

Unit 1

Unit 1-Num of Bathrooms: 1
Unit 1-Num of Bedrooms: 3

Unit 1-Num of Rooms: 5
Unit 1-Basement: Yes
Unit 1-Currently Rented: Yes
Unit 1-Deposit Amount: $1,095.00
Unit 1-Electric: Tenant
Unit 1-Garage Type: Detached
Unit 1-Garage: Yes
Unit 1-Garage/Num of Cars: 1
Unit 1-Gas: Tenant
Unit 1-Laundry Room: None
Unit 1-Lease Exp Date: 03-31-2027
Unit 1-Level: Combined
Unit 1-Rent Frequency: Monthly
Unit 1-Unit Number: 1201
Unit 1-Unit Rent $: $1,170

Unit 2

Unit 2-Num of Bathrooms: 1
Unit 2-Num of Bedrooms: 2

Unit 2-Num of Rooms: 4
Unit 2-Basement: Yes
Unit 2-Currently Rented: Yes
Unit 2-Deposit Amount: $1,095.00
Unit 2-Garage Type: Detached
Unit 2-Garage: Yes
Unit 2-Garage/Num of Cars: 1
Unit 2-Laundry Room: None
Unit 2-Lease Exp Date: 02-01-2027
Unit 2-Level: Combined
Unit 2-Rent Frequency: Monthly
Unit 2-Unit Number: 1203
Unit 2-Unit Rent $: $1,095

Rental

Rental Information

Lease Term: 1 Year
Owner Pays: Building Insurance, Lawn Maintenance, Tax

Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Property History for 1203 Spring Street

Date	Event & Source	Price	Appreciation
Oct 5, 2026	In Contract Indiana Regional MLS #202639591		—
Oct 5, 2026	In Contract Indiana Regional MLS #202639597		—
Sep 24, 2026	Listed (Active) Indiana Regional MLS #202639591	$249,900	—
Sep 24, 2026	Listed (Active) Indiana Regional MLS #202639597	$249,900	—
May 19, 2023	Sold (Public Record) Public Record #1513262113	$90,000	—

Date	Event & Source	Price
10/05/2026	In Contract Indiana Regional MLS #202639591	—
10/05/2026	In Contract Indiana Regional MLS #202639597	—
09/24/2026	Listed (Active) Indiana Regional MLS #202639591	$249,900
09/24/2026	Listed (Active) Indiana Regional MLS #202639597	$249,900
05/19/2023	Sold (Public Record) Public Record #1513262113	$90,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1203 Spring Street

Taxable Value

Land

$15,400

Additions

$105,300

Total$120,700

Tax Record

2025

$2,765 ($230 / month)

Home Facts

Baths

Total Finished SqFt

1,990 SqFt

Above Grade Finished SqFt

1,990 SqFt

Stories

Lot Size

8,520 SqFt

Style

Duplex

Year Built

1925

Year Renovated

1925

County

ALLEN

APN

02-12-03-226-001.000-074

Schools near 1203 Spring Street

This home is within Fort Wayne Community Schools.


Rating	School	Type	Grades	Distance
4/10	Bloomingdale Elementary School	Public - Serves this home	PK to 5	0.5 mi
3/10	Lakeside Middle School	Public - Serves this home	6 to 8	2.5 mi
3/10	North Side High School	Public - Serves this home	9 to 12	1.3 mi
NR	Amp Lab at Electric Works	Public - Nearby school	11 to 12	1.3 mi
4/10	Fort Wayne Virtual Academy	Public - Nearby school	K to 12	1.4 mi
NR	Anthis Career Center	Public - Nearby school	6 to 12	1.5 mi
NR	Most Precious Blood Catholic School	Private - Nearby school	PK to 8	0.3 mi
NR	Queen Of Angels Catholic School	Private - Nearby school	PK to 8	0.6 mi
NR	St. John Lutheran School	Private - Nearby school	K to 8	1.0 mi


Rating	School	Distance
4/10	Bloomingdale Elementary School PublicPK to 5 Serves this home	0.5 mi
3/10	Lakeside Middle School Public6 to 8 Serves this home	2.5 mi
3/10	North Side High School Public9 to 12 Serves this home	1.3 mi
NR	Amp Lab at Electric Works Public11 to 12 Nearby school	1.3 mi
4/10	Fort Wayne Virtual Academy PublicK to 12 Nearby school	1.4 mi
NR	Anthis Career Center Public6 to 12 Nearby school	1.5 mi
NR	Most Precious Blood Catholic School PrivatePK to 8 Nearby school	0.3 mi
NR	Queen Of Angels Catholic School PrivatePK to 8 Nearby school	0.6 mi
NR	St. John Lutheran School PrivateK to 8 Nearby school	1.0 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Cont - Accptng Backup Offers

$249,900

5
Bedrooms: 2
Bathrooms: 1,990
Square Feet: 0.20
Acres

1203 Spring Street, Fort Wayne, IN 46808

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

1203 Spring St, Fort Wayne, IN 46808

Property Details

Building Information

Summary

Property

Interior and Exterior Features

Multi Family

Unit Information

Rental

Taxable Value

Land

Additions

Tax Record

2025

Home Facts

Baths

Total Finished SqFt

Above Grade Finished SqFt

Stories

Lot Size

Style

Year Built

Year Renovated

County

APN

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