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721 Putnam Street
Investment opportunity just moments from downtown Fort Wayne. This fully occupied duplex features two separate 2-bedroom, 1-bath units, both currently rented with established long-term tenants, offering immediate rental income from day one. The property also includes convenient off-street parking. The first-floor unit features furnace heat and window air conditioning, while the second-floor unit offers baseboard heat and window air conditioning. Located near downtown amenities and an area seeing continued investment and expansion around the Rivergreenway, this property offers convenient access to recreation, employment, shopping, dining, and entertainment. With rental numbers that well exceed the 1% rule, this duplex presents an attractive opportunity for investors looking to add a solid cash-flowing property to their portfolio.
Head north on Pr Lndg Pkwy Continue on Illinois Rd. Take S Hadley Rd, Bass Rd and Spring St to Putnam St in Wayne Township Turn right onto Putnam St ? Destination will be on the right 721 Putnam St
| MLS # | 202632650 |
|---|---|
| Date Listed | 2026-08-11 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Finished Square Feet | 1,812 sqft |
| Total Square Feet | 2,888 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Annual Taxes | $695.49 |
| Year Taxes Payable | 2025-2026 |
| Year Built | 1900 |
| Virtual Tour | zillow.com » |
| Days on Market | 53 |
| Homestead Year | No |
| Outbuilding | Shed |
|---|
| Living Room | 2 × 0 | Level |
| Family Room | 800 × | Level |
| 5th Bedroom | 2 × 2 | Level |
| Full Baths | 4 Main, 2 Upper |
| Construction | Duplex |
|---|---|
| Lot Size | 6,970 sq ft |
| Acreage | 0.16 Acres |
| Lot Dimensions | 46 X 185 |
| Out Buildings | Shed |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| Township | Wayne |
| City | Fort Wayne |
| State | IN |
| Zip | 46808 |
| School District | Fort Wayne Community |
|---|---|
| Elementary | Bloomingdale |
| Middle School | Lakeside |
| High School | North Side |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202632650
Listing Provided Courtesy of Tyler Dohner
CENTURY 21 Bradley Realty, Inc
Cell: 260-246-1298
Listing updated August 27, 2026 at 3:00 pm
Last checked 14 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.