About 542 Pierce Avenue
TURNKEY INVESTMENT OPPORTUNITY! THIS RECENTLY RENOVATED DUPLEX FEATURES TWO 2-BEDROOM UNITS (540 & 542 PIERCE), BOTH CURRENTLY RENTED AND GENERATING IMMEDIATE INCOME. RECENT IMPROVEMENTS INCLUDE A NEW ROOF, NEW CENTRAL AIR, FORCED-AIR HEATING, UPDATED HOT WATER SYSTEMS, LUXURY VINYL FLOORING, STAINLESS STEEL REFRIGERATOR AND RANGE, AND NEW BATHROOM VANITIES. EACH UNIT ALSO OFFERS HARDWOOD FLOORS, A SPACIOUS LIVING AREA WITH AN ADJOINING DINING SPACE, AND A LARGE BACKYARD FOR TENANT ENJOYMENT. WHETHER YOU'RE ADDING TO AN ESTABLISHED PORTFOLIO OR PURCHASING YOUR FIRST INVESTMENT PROPERTY, THIS FULLY LEASED DUPLEX OFFERS A STRONG INCOME-PRODUCING OPPORTUNITY WITH MANY MAJOR UPDATES ALREADY COMPLETE.
Features of 542 Pierce Avenue
| MLS® # | 842990 |
|---|---|
| Price | $259,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Acres | 0.17 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 542 Pierce Avenue |
|---|---|
| Subdivision | Walnut Place Add |
| City | Fort Wayne |
| County | Allen |
| State | IN |
| Zip Code | 46807 |
Amenities
| # of Garages | 2 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Granite Counters, Recessed Lighting |
|---|---|
| Appliances | Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Range, Freezer |
| Heating | Forced Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Back Yard, Few Trees |
|---|
Additional Information
| Date Listed | July 27th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Chanan Dozier |
|---|---|
| Office | Compass Indiana, LLC |