The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Fort Wayne, IN 46802 517 Lavina Street

$249,900

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Presented By: Ashley Davidson with CENTURY 21 Bradley Realty, Inc; Cell: 260-416-2972
  • MLS# 202524103
  • 06/23/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,184
  • Garage • 2

Home Details

Welcome to an exceptional investment opportunity in the heart of downtown Fort Wayne! This beautifully updated duplex sits in a highly desirable location just steps away from Parkview Field, Electric Works, and The Fairfield! Whether you're looking to expand your portfolio or dive into short-term rentals, this property checks all the boxes. Each unit features 1 bedroom and 1 full bathroom, with thoughtfully designed interiors that maximize comfort and functionality. The property is currently operating as a successful Airbnb and is professionally managed, offering a true turnkey experience for the next owner. In 2022, the property underwent a complete renovation—inside and out. The exterior boasts new siding, fascia, gutters, windows, a welcoming front porch, and a brand-new roof. Inside, no detail was overlooked. The property was fully gutted down to the studs and rebuilt with new framing, electrical, plumbing, insulation, and modern mini-split HVAC systems. This is a rare opportunity to own a cash-flowing, low-maintenance property in one of the most vibrant and fast-growing areas of Fort Wayne. Whether you continue its use as a short-term rental or convert it to long-term tenants, the potential here is outstanding!
Presented By: Ashley Davidson with CENTURY 21 Bradley Realty, Inc; Cell: 260-416-2972

Interior Features for 517 Lavina Street

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Above Grade Bedrooms2
Beds2
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 1 SqFt704
Unit 2 SqFt480
Total Finished SqFt1184
Basement Y/NYes
Above Grade Finished SqFt1184
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1184
Main Level SqFt704
Num. of Efficiencies0
BasementFull Basement
Dishwasher(s)2
Disposal(s)
Dryer(s)
FlooringVinyl
Microwaves2
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups
Washers

Other Rooms

Total Rooms Below Grade1

General for 517 Lavina Street

Age150
Agent First NameAshley
Agent Last NameDavidson
Annual Electric Expense2000
Annual Fuel Expense
Annual Insurance Expense1600
Annual Trash Expense300
AreaAllen County
Assoc. Dues FrequencyNot Applicable
Assoc. Restrictions Y/NNo
Associated Document Count3
Auction Y/NNo
Bathrooms2
CityFort Wayne
ClassINVESTMENT
CoolingOther
DOM38
Elementary SchoolWashington Center
FIPS Code18003
FeaturesBasement, Countertops-Laminate, Water Heater Gas
Full Baths2
Half Baths
HeatingElectricity
High SchoolWayne
Legal DescriptionE 26.5 FT LOT 41 G W EWINGS 2ND ADD
Middle SchoolKekionga
ModificationTimestamp2025-06-26T23:07:51
Net Income11998.14
New ConstructionNo
OwnerPaysElectric, Lawn Maintenance, Sewer, Tax, Trash Collection, Water
PROPOSED FINANCINGCash, Conventional
Pet Restrictions Y/NNo
REONo
Rent Income24000
School DistrictFort Wayne Community
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count1.5
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysNone
Total Sq Ft2368
TownshipWayne
TypeDuplex
Virtual TourClick here
Year Built1875

Exterior for 517 Lavina Street

Approx. Lot Size Acres0.0843
Electric Meters1
ExteriorVinyl
Gas Meters1
Lot DescriptionLevel
Lot Dimensions27x136
Lot Size Area3672
Number of Parking Spaces2
OutbuildingNone
PoolNo
Water Meters1
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wayne High School
Elementary School Washington Center Elementary School
Middle School Kekionga Middle School

Ryan Orr

Associate
Price $249,900
MLS#202524103
List Date 06/23/2025
Property Type Multi-Family
Phone (765) 744-9500
Get pre-approved
Request Tour
Request Info
Visit My Website

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IRMLS is the source of information. . “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.” Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last refreshed on August 5, 2025. The materials contained within this page may not be reproduced without the express written consent of RE/MAX Real Estate Groups, LLC and Patrick and Ryan Orr of The ORR Home Selling Team. RE/MAX®, Above the Crowd®, Outstanding Agents®, Outstanding Results®, the red-over-white-over blue horizontal bar design and the RE/MAX graphic hot air balloon logo are among the registered service marks of RE/MAX International, Inc. RE/MAX International’s marks may not be used in any way without receiving RE/MAX International’s prior express written permission. All real estate advertised herein is subject to the “Federal Fair Housing Act”, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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