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32-Unit Apartment Building
For Sale
Contact for pricing
Pending

1251 Kinyon St, South Bend, IN 46616

Multifamily asset with established occupancy and average unit sizes suited to residential income operations.

Property SizeContact for details
Days on Market145

Property Features for 1251 Kinyon St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 94%
Net Operating Income $101,369

Additional Details

Average Monthly Rent $487
Multifamily Units 32

Building Details

Buildings 1
Listing Agency: Roofstock Realty LLC
Listed By: Jason Green · License #CA 01910934
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roofstock Realty LLC

Investment Insights

Based on property information with market context.

This 32-unit apartment property in South Bend, Indiana, offers an established multifamily configuration with an average unit size of 582.5 square feet. The buildings have an average year built of 1973, providing a defined existing residential asset rather than a newly constructed project.

Occupancy is reported at 93.75%, supporting an operating profile with most units occupied. The property is located at 1251 Kinyon St in South Bend, IN 46616 and is offered for sale as an apartment-building investment.

Key Highlights

  • 32‑unit apartment building in South Bend, IN
  • 93.75% occupancy
  • Average unit size of 582.5 sqft

Property Analytics

Current Use

Kinyon St Commons Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Building Supply Nail Salon

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

Lease Details

32
Residential units
93.8%
Occupancy

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 46616, IN

6,167
Population
2,824
Households
2.2
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
4,405
Density / Sq Mi
$56,293
Median Household Income
$35,232
Median Earnings
$1,019
Median Rent
$136,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Multifamily asset with established occupancy and average unit sizes suited to residential income operations.
Where is this apartment building located?
The property is located at 1251 Kinyon St South Bend, IN.
What are key features of this property?
This property features: 32‑unit apartment building in South Bend, IN; 93.75% occupancy; Average unit size of 582.5 sqft
More about this property
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