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Six-Bedroom Multifamily Property
For Sale
$199,000

314 N Taylor St, South Bend, IN 46601

Residential Income, South Bend, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market261

Property Features for 314 N Taylor St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Patio and Porch features Deck
Interior features Entrance Foyer
Fencing Fenced
Subdivision Northwest South Bend
Directions Head north on S William St from the downtown core. Continue straight until you reach W LaSalle Ave. Turn right onto W LaSalle Ave. Continue for a short distance, then turn left onto N Taylor St.
Standard status Active
APN 71-08-02-485-024.000-026
Lot size 0.07 Acres

Utilities

Heating system Electric (Heating), Forced Air
Water source Public

Building Details

Year built 1912
Floors in Building 2
Flooring type Tile, Carpet
Building materials Aluminum
Roof type Asphalt
Listing Agency: EASY REALTY
Listed By: Greg Owen · License #3147448
Added: Jan 19 Changed: Sep 16 Last Checked: Oct 7 at 7:06AM
MLS# 11633989

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1912, this multifamily property includes six bedrooms, 2.5 bathrooms, multiple common areas, and an entrance foyer. The interior combines tile and carpet flooring, while forced-air electric heating, an asphalt roof, public water, a deck, and fencing are among the recorded improvements and features.

Recent work includes a roof installed in 2022, partial refurbishment completed in 2024, and upgraded flooring added in 2025. One new HVAC system is included and is currently stored offsite for installation. The property occupies 0.07 acres at 314 N Taylor St in downtown South Bend, with access to nearby businesses, restaurants, parks, transportation, government offices, and Notre Dame-adjacent commerce.

The existing bedroom and common-area configuration is described as suitable for traditional rental, short-term lodging, furnished housing, mixed living-and-working use, or professional office conversion.

Key Highlights

  • Six bedrooms and 2.5 bathrooms in a multifamily layout
  • Roof installed in 2022
  • Partial refurbishment completed in 2024

Property Analytics

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Current Use

Single family properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Barber Shop Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,603
Businesses Nearby

Demographics for 46601, IN

5,947
Population
2,862
Households
2.1
Avg Household Size
35
Median Age
22%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
2,974
Density / Sq Mi
$27,080
Median Household Income
$26,835
Median Earnings
$784
Median Rent
$131,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Downtown residence with updated interiors, multiple common areas, public water, and a fenced lot.
Where is this single family property located?
The property is located at 314 N Taylor St South Bend, IN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Six bedrooms and 2.5 bathrooms in a multifamily layout; Roof installed in 2022; Partial refurbishment completed in 2024
More about this property
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