Student Housing Apartment
For Sale
Contact for pricing
424 N Frances St, South Bend, IN 46617
Individual entrances, in-unit laundry, smart-home controls, and a clubhouse with gym serve residents.
Property SizeContact for details
Days on Market145
Property Features for 424 N Frances St
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
11 x 3BR/2.5BA, 12 x 4BR/2.5BA, 7 x 5BR/2.5BA
Multifamily Units
30
Amenities
individual entrances
washer and dryers in each unit
clubhouse with a small gym
free city busing
Zego Smart Home/App
Building Details
Year Built
1990
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Nick Kirby · License #MI 6501386110
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:44AM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
This student housing community includes 30 units with 116 beds across three-bedroom, four-bedroom, and five-bedroom floor plans. The property was constructed in 1990 and has received upgrades and renovations. Unit sizes average 1,200 SF for the eleven 3-bedroom residences, 1,400 SF for the twelve 4-bedroom residences, and 1,600 SF for the seven 5-bedroom residences. Every residence includes 2.5 bathrooms, an individual entrance, in-unit washer and dryer, an individual gas furnace, central air conditioning, and separate gas and electric metering.
Community amenities include a clubhouse with a small gym and Zego Smart Home/App functionality, allowing residents to lock or unlock doors, adjust thermostats, and operate lights in some units from a smartphone. Utilities and internet are currently provided at no charge to residents. Free city bus service reaches Notre Dame’s main campus in 4 minutes. The property is located at 424 N Frances St in South Bend, near the University of Notre Dame and Indiana University South Bend.
Community amenities include a clubhouse with a small gym and Zego Smart Home/App functionality, allowing residents to lock or unlock doors, adjust thermostats, and operate lights in some units from a smartphone. Utilities and internet are currently provided at no charge to residents. Free city bus service reaches Notre Dame’s main campus in 4 minutes. The property is located at 424 N Frances St in South Bend, near the University of Notre Dame and Indiana University South Bend.
Key Highlights
- 30‑unit, 116‑bed student housing community
- Eleven 3‑bedroom / 2.5‑bathroom units averaging 1,200 SF
- Twelve 4‑bedroom / 2.5‑bathroom units averaging 1,400 SF
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 46617, IN
9,813
Population
5,502
Households
1.8
Avg Household Size
35
Median Age
60%
College-Educated
96%
High-School Grad
2.6 sq mi
ZIP Area
3,774
Density / Sq Mi
$73,700
Median Household Income
$37,331
Median Earnings
$1,422
Median Rent
$231,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Individual entrances, in-unit laundry, smart-home controls, and a clubhouse with gym serve residents.
Where is this apartment building located?
The property is located at 424 N Frances St South Bend, IN.
What are key features of this property?
This property features: 30‑unit, 116‑bed student housing community; Eleven 3‑bedroom / 2.5‑bathroom units averaging 1,200 SF; Twelve 4‑bedroom / 2.5‑bathroom units averaging 1,400 SF
