Last Sold Price
3 beds1,716 sqft$93/sqft
519 Riverside Ave, Fort Wayne, IN 46805

Description

This fully-renovated duplex presents a great opportunity for investors seeking an income-producing property, boasting two well-maintained units. A full cosmetic renovation in 2021 ensures turnkey condition for both units. Unit 1 is a spacious 2-bedroom, 1-bathroom unit, featuring modern vinyl plank flooring, fresh paint, upgraded appliances, and updated laundry hookups for added convenience. Unit 2 is a charming studio unit offering a comfortable living space with 1 bathroom, also featuring vinyl...This fully-renovated duplex presents a great opportunity for investors seeking an income-producing property, boasting two well-maintained units. A full cosmetic renovation in 2021 ensures turnkey condition for both units. Unit 1 is a spacious 2-bedroom, 1-bathroom unit, featuring modern vinyl plank flooring, fresh paint, upgraded appliances, and updated laundry hookups for added convenience. Unit 2 is a charming studio unit offering a comfortable living space with 1 bathroom, also featuring vinyl plank flooring and fresh paint plus electric baseboard heating installed in 2021. Off-street parking is available for both units. Separate electric meters allow for individual tenant billing, while the owner covers water/trash and lawn care. The location is ideal, just minutes from downtown Fort Wayne (5 minutes) and Electric Works (10 minutes) plus easy access to nearby parks and walking trails. 3D Tour: https://arthomephoto.aryeo.com/sites/dlbklqj/unbranded
LISTING CLOSED: 05/31/2024 12:00 AM

  1. Listed by Jordan Wildman • eXp Realty, LLC

Property Details for 519 Riverside Avenue

Status
MLS #
202417386
Days on Market
15
Taxes
$2,801 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / Duplex
Year Built
1930
Lot Size
0.15 AC / 6,674 SF
Style
Two Story
Subdivision
H J Rudisills
Waterfront
No
Pet Restrictions
No

Recent comparable sales

Median sold price

$150,000

Avg days on market

46

Sale-to-list ratio

97.8%

[Fort Wayne, IN]

9 comparable properties found

$173,000 | 833 Florence Avenue, Fort Wayne, IN 46808
1/23
1

$173,000

Sold 03/17/25

3
Bedrooms
1,734
Square Feet
0.14
Acres
$185,000 | 1104 Franklin Avenue, Fort Wayne, IN 46808
1/32
2

$185,000

Sold 09/19/24

3
Bedrooms
1,800
Square Feet
0.16
Acres
$135,000 | 1732 3rd Street, Fort Wayne, IN 46808
1/24
3

$135,000

Sold 12/08/25

3
Bedrooms
1,594
Square Feet
0.14
Acres
$120,000 | 712 Putnam Street, Fort Wayne, IN 46808
1/18
4

$120,000

Sold 11/10/25

3
Bedrooms
1,630
Square Feet
0.16
Acres
$150,000 | 1213 Taylor Street, Fort Wayne, IN 46802
1/23
5

$150,000

Sold 03/13/26

3
Bedrooms
1,680
Square Feet
0.1
Acres
$140,000 | 731 Cottage Avenue, Fort Wayne, IN 46807
1/19
6

$140,000

Sold 11/25/24

3
Bedrooms
1,830
Square Feet
0.13
Acres
$162,500 | 1141 Kinnaird Avenue, Fort Wayne, IN 46807
1/14
7

$162,500

Sold 08/07/26

3
Bedrooms
1,668
Square Feet
0.14
Acres
$120,000 | 2512 South Wayne Avenue, Fort Wayne, IN 46807
1/37
8

$120,000

Sold 11/01/24

3
Bedrooms
1,550
Square Feet
0.15
Acres
$225,000 | 1117 Edgewater Avenue, Fort Wayne, IN 46805
1/14
9

$225,000

Sold 10/23/24

3
Bedrooms
1,708
Square Feet
0.15
Acres

Location

Listing Courtesy of eXp Realty, LLC

Sold By Espinoza Realtors

Add your commute

Building Information for 519 Riverside Avenue

Stories2Residences2Year Built1930Building Size-Lot Size0.15 AC / 6,674 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,047 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$233

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 519 Riverside Avenue

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 4109
  • Zip Code: 46805
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: Enter address into Google Maps.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-07-36-353-029.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Forest Park
  • Middle School: Lakeside
  • High School: North Side
Parking
  • Number Of Parking Spaces: 2
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Duplex
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 47X142
  • Lot Number: 4
  • Below Grade Unfin Sqft: 616.0
  • Total Square Feet: 2332.0
  • Approx Lot Size Sqft: 6674.0
  • Above Grade Finished Sqft: 1716.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 616.0
  • Total Finished Sqft: 1716.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Outbuilding Length: 9.0
  • Outbuilding Sqft: 72
  • Outbuilding Width: 8.0
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 94
  • Documents Available: Floor Plan, LBP Form, Lease, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Gas
  • Exterior: Other
  • Fence: None
  • Outbuilding: Garden Shed
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Electric Meters: 2
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Partial Basement, Unfinished
  • Cooling: None
  • Flooring: Vinyl
  • Heating/Fuel: Gas, Baseboard, Forced Air
  • HVAC: Ceiling Fan
  • Stories: 2
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 0
  • Total Baths: 2
  • Number Total Rooms Below Grade: 1
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 2
  • Number of Units: 2
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $21,600
  • Annual Insurance Expense: $600
  • Annual Maint. Expense: $600
  • Annual Misc: $0
  • Annual Net Income: $16,999
  • Annual Property Tax: $2,801
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $600
  • Gross Monthly Income: $1,800
  • Gross Monthly Rent: $1,800
Unit Information
Unit 1
  • Unit 1 SqFt: 953
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $1,500.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Garage/Num of Cars: 0
  • Unit 1-Gas: Tenant
  • Unit 1-Laundry Room: Closet
  • Unit 1-Lease Exp Date: 07-10-2024
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $1,100
Unit 2
  • Unit 2 SqFt: 512
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Deposit Amount: $950.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Garage/Num of Cars: 0
  • Unit 2-Gas: None
  • Unit 2-Laundry Room: None
  • Unit 2-Lease Exp Date: 08-31-2024
  • Unit 2-Level: Upper
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $700
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Snow Removal

Property History for 519 Riverside Avenue

DateEvent & SourcePriceAppreciation
May 31, 2024

Sold

Indiana Regional MLS #202417386

$160,000
May 31, 2024

Pending

Indiana Regional MLS #202417386

May 29, 2024

Sold (Public Record)

Public Record #1534791544

$160,000

+26.6% / yr

DateEvent & SourcePrice
05/31/2024

Sold

Indiana Regional MLS #202417386

$160,000
05/31/2024

Pending

Indiana Regional MLS #202417386

05/29/2024

Sold (Public Record)

Public Record #1534791544

$160,000

+26.6% / yr

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

Public Records for 519 Riverside Avenue

Taxable ValueLand$35,800Additions$151,600Total$187,400
Tax Record2025$5,622 ($468 / month)
Home Facts
Baths2Total Finished SqFt1,716 SqFtAbove Grade Finished SqFt1,716 SqFtStories1Lot Size6,674 SqFtStyleDuplexYear Built1930Year Renovated1975CountyALLENAPN02-07-36-353-029.000-074

Schools near 519 Riverside Avenue

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Forest Park Elementary School
PublicPK to 5

Lakeside Middle School
Public6 to 8

North Side High School
Public9 to 12

Anthis Career Center
Public6 to 12

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.

Similar Homes

New listings in 46805

$259,900 | 3313 River Forest Drive, Fort Wayne, IN 46805
1/31
Listed Coming Soon

$259,900

3
Bedrooms
1,941
Square Feet
0.27
Acres
$149,900 | 921 Emmett Lane, Fort Wayne, IN 46805
1/16

$149,900

2
Bedrooms
1,616
Square Feet
0.17
Acres
$139,900 | 1415 Lynn Avenue, Fort Wayne, IN 46805
1/9

$139,900

3
Bedrooms
1,558
Square Feet
0.16
Acres
$189,900 | 1019 Ferguson Avenue, Fort Wayne, IN 46805
1/18
Cont - Accptng Backup Offers

$189,900

3
Bedrooms
1,001
Square Feet
0.25
Acres
$219,900 | 1916 Crescent Avenue, Fort Wayne, IN 46805
1/41
Listed Coming Soon

$219,900

3
Bedrooms
1,316
Square Feet
0.15
Acres
$149,900 | 2915 East State Boulevard, Fort Wayne, IN 46805
1/36

$149,900

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.82
Acres
$169,900 | 2701 Leroy Avenue, Fort Wayne, IN 46805
1/9

$169,900

3
Bedrooms
1,390
Square Feet
0.14
Acres
$200,000 | 2701 Woodward Avenue, Fort Wayne, IN 46805
1/37
Cont - Accptng Backup Offers

$200,000

3
Bedrooms
1,312
Square Feet
0.15
Acres
$149,900 | 2710 Charlotte Avenue, Fort Wayne, IN 46805
1/23

$149,900

2
Bedrooms
712
Square Feet
0.11
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 519 Riverside Avenue, Fort Wayne, IN 46805
$160,000
3
1,716
6,674
$84,400
2
924
7,405
$24,597
1
1,320
2,682
$80,000
3
1
1,672
6,390
$60,000
2
1,268
6,674
$89,000
5
2,649
8,712

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.