Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    338 N Olive St South Bend, IN 46628

    Sponsored
    For Sale
    $160,000

    Triplex - South Bend, IN

    Type:Triplex
    Property size:
    2,450 SF
    Lot size:
    0.18 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 7 at 7:06 pm

    Property Features for 338 N Olive St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    71-08-03-454-001.000-026
    Parking features
    Off Street
    EntryLevel
    Upper,Main
    Exterior features
    Basement, Countertops-laminate, Water Heater Gas, None
    Basement Y/N
    1
    Appliances
    Range
    Size
    2,450 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    Huckins Real Estate dba RE/MAX 100 (574) 255-5858 [email protected]

    Listing agent Michele Crawford (574) 255-5858 License #RB15001414

    Listing date Dec 19, 2025

    MLS# 202549059 Listing URL

    Copyright © 2026 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Bend Triplex Investment Opportunity

    This well-maintained, all-brick triplex presents an excellent turnkey investment opportunity. The income-producing property features a newer roof and a desirable unit mix consisting of two one-bedroom units and one spacious two-bedroom unit. All units are currently rented, providing immediate cash flow. The property features solid construction, strong rental appeal, and a low-maintenance exterior. The owner is responsible for sewer, trash, water, and gas, while tenants pay for electricity. Situated on a 0.18-acre lot, the property encompasses 2450 square feet. This triplex is located in South Bend, IN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.283304
    Latitude
    41.680504

    Nearby Similar for Sale

    • $400,000
      0.26 Acres

      Turnkey Tavern with Apartment

      Thriving bar/restaurant with living quarters in South Bend, IN.
      2209 Kemble Ave, South Bend, IN 46613
      View Details
    • $325,000
      2,394 SF

      Mixed-Use Property in South Bend

      Established convenience store with living quarters and redevelopment potential.
      1637 Kemble Ave, South Bend, IN 46613
      View Details
    • $499,900
      0.27 Acres

      Historic Mixed-Use South Bend Property

      Historic Studebaker building with commercial and residential zoning.
      3030 S Michigan St, South Bend, IN 46614
      View Details
    • $750,000
      Pending

      Historic Church in Downtown South Bend

      Stone church built in 1888 with development potential.
      302 W Washington St, South Bend, IN 46601
      View Details
    • $209,900
      2,104 SF

      Renovated Duplex in South Bend

      Tastefully renovated duplex with two 2-bedroom units in South Bend.
      802 N Olive St, South Bend, IN 46628
      View Details
    • $40,000
      2,403 SF

      South Bend Duplex Opportunity

      Duplex in South Bend, Indiana, suitable for investment or residence.
      2241 W Washington St, South Bend, IN 46628
      View Details
    • $650,000
      0.12 Acres

      Turn-Key Restaurant Opportunity in South Bend

      High-visibility commercial building with existing kitchen assets in developing corridor.
      2224 W Western Ave, South Bend, IN 46619
      View Details
    • $175,000
      1,824 SF

      South Bend Duplex Investment Opportunity

      Two-story duplex with rental income potential near Mishawaka River Walk.
      3312 Mishawaka Ave, South Bend, IN 46615
      View Details
    • $150,000
      744 SF

      South Bend Commercial Building

      744 sq ft commercial space on Western Avenue.
      4122 W Western Ave, South Bend, IN 46619
      View Details
    • $149,000
      0.22 Acres

      South Bend Mixed-Use Property

      Commercial building with vacant lot, suitable for mixed-use.
      3601 W Western Ave, South Bend, IN 46619
      View Details
    • $259,000
      0.81 Acres

      Warehouse with Compressor and Office

      Warehouse with office, bathroom, cooking area, and compressor system.
      19990 State Line Rd, South Bend, IN 46637
      View Details
    • $1,104,572
      5,362 SF

      South Bend Investment Opportunity

      NNN leased investment property near Notre Dame with scheduled rental increases.
      926 E Jefferson Blvd, South Bend, IN 46601
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex with immediate cash flow in South Bend.
    Where is this triplex located?
    The property is located at 338 N Olive St South Bend, IN.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Turnkey investment property with immediate cash flow from fully rented units.; - Desirable unit mix: two one-bedroom units and one spacious two-bedroom unit.; - Newer roof and low-maintenance all-brick exterior.
    (574) 286-3112
    Request Owner's contact information
    338 N Olive St South Bend, IN 46628
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    338 N Olive St
    South Bend, IN 46628
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    338 N Olive St South Bend, IN 46628
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.