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142-Unit Apartment Building
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3012 Edison Rd, South Bend, IN 46615

Multifamily community with one-, two-, and three-bedroom residences, seasonal recreation, and covered parking.

Property SizeContact for details
Days on Market143

Property Features for 3012 Edison Rd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: BWE Investment Sales
Listed By: Rob Starrett · License #2020000089
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 8:48PM

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 BWE Investment Sales

Investment Insights

Based on property information with market context.

Waterford Glen is a 142-unit apartment property at 3012 Edison Rd in South Bend, Indiana. Constructed in 1973, the community contains more than 135,000 square feet and offers a unit mix spanning one-, two-, and three-bedroom homes, with an average residence size of 951 square feet. Interior features include open layouts and natural light, while property amenities include a seasonal pool and covered parking.

The property is positioned near the University of Notre Dame, Indiana University, and St. Joseph Regional Medical Center, along with additional employers and area attractions. Its combination of varied unit configurations, resident amenities, and proximity to established institutional destinations defines the asset’s operating profile.

Key Highlights

  • 142‑unit apartment property built in 1973
  • More than 135,000 SF across the community
  • Unit mix includes 1 bedroom, 2 bedroom, and 3 bedroom apartments

Property Analytics

Current Use

Grey Ridge Apartments Property Management Company

Suggested Use

Top Pick Electrical Service Barber Shop Building Supply Carpet & Flooring Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

508
Businesses Nearby

Demographics for 46615, IN

14,777
Population
7,234
Households
2
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
4,478
Density / Sq Mi
$57,983
Median Household Income
$39,744
Median Earnings
$971
Median Rent
$127,800
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 community with one-, two-, and three-bedroom residences, seasonal recreation, and covered parking.
Where is this apartment building located?
The property is located at 3012 Edison Rd South Bend, IN.
What are key features of this property?
This property features: 142‑unit apartment property built in 1973; More than 135,000 SF across the community; Unit mix includes 1 bedroom, 2 bedroom, and 3 bedroom apartments
More about this property
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