South Bend, IN Multifamily Properties for Sale

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Updated: Jul 11

Two-Unit Duplex with In-Law Suite

1101 Elliott Street, South Bend, IN 46628

$219,900

2,041 sqft 0.14 AC lot

County‑approved two‑unit dwelling with 2,041 square feet
Main residence includes 3 bedrooms, 1.5 bathrooms, full kitchen, and large living room
Secondary in‑law suite has 1 bedroom, 1 bathroom, private entrance, and kitchenette
0.14‑acre lot with yard access and garage parking
Built in 1959 with central air

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Updated: Jul 11

Updated Duplex With Two Units

1711 S Saint Joseph Street, South Bend, IN 46613

$139,900

2,424 sqft 0.08 AC lot

Duplex with 2,424 square feet on a 0.08‑acre parcel
Unit mix includes 1 three‑bedroom/1‑bath residence and 1 one‑bedroom/1‑bath residence
Both residences are occupied
Recently updated property with vinyl flooring and a shingle roof
Three‑story building constructed in 1912

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Fully Renovated Triplex

602 N Frances Street, South Bend, IN 46617

$699,900

2,722 sqft 0.08 AC lot

Renovated triplex with three updated units, including a second-story 3-bedroom layout, plus central air and a full basement.

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Turnkey 8-Unit Apartment Building

117 Franklin Pl, South Bend, IN 46601

$699,999

5,552 sqft

Well-maintained, fully occupied 8-unit apartment building with long-term tenants and a strong rental history.

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Six-Bedroom Multifamily Property

314 N Taylor St, South Bend, IN 46601

$199,000

0.07 AC lot

Downtown residence with updated interiors, multiple common areas, public water, and a fenced lot.

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Triplex with Three Two-Bedroom Units

330 N Sunnyside Street, South Bend, IN 46617

$695,000

0.08 AC lot

Triplex built in 2008 featuring three two-bedroom units and off-street parking.

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Renovated Brick Duplex

802 N Olive Street, South Bend, IN 46628

$169,900

2,104 sqft 0.12 AC lot

Two occupied apartments offer separate living areas, kitchens, bedrooms, and baths within a classic brick building.

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Three-Unit Triplex with Available Unit

502 N Arthur St, South Bend, IN 46617

$365,000

2,209 sqft

Tenants pay their own electric, supporting a straightforward utility arrangement across the property.

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Triplex with Rear Storage Garage

3306 3308 Mishawaka Ave, South Bend, IN 46615

$249,900

2,064 sqft

All three units are leased, with a two-bedroom layout alongside two one-bedroom residences.

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Updated Two-Unit Duplex

604 N Frances St, South Bend, IN 46617

$199,900

1,084 sqft

Each residence includes a bedroom, full bathroom, eat-in kitchen, in-unit laundry, and ample closet storage.

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Duplex with Renovated Unit

108 W Fairview Ave, South Bend, IN 46614

$149,900

1,944 sqft

Two-unit property with one updated side and a second side equipped for renovation.

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Renovated Brick Duplex

802 N Olive St, South Bend, IN 46628

$169,900

2,104 sqft

Two leased residences offer updated interiors, practical layouts, and established rental occupancy.

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Furnished Student Housing Townhomes

18088 Legacy Village Court, South Bend, IN 46637

Contact for pricing

44,800 sqft

Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.

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Two-Unit Duplex with In-Law Suite

1101 Elliott St, South Bend, IN 46628

$219,900

2,041 sqft

Legally approved duplex with a three-bedroom main residence and separate one-bedroom suite.

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Updated Duplex with Two Units

1711 S Saint Joseph St, South Bend, IN 46613

$139,900

2,424 sqft

Two occupied units offer three-bedroom and one-bedroom residential layouts.

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Renovated Triplex with Full Basement

602 North Frances Street, South Bend, IN 46617

$699,900

2,722 sqft

Three updated units offer varied layouts, shared laundry, storage, and outdoor space.

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66-Unit Student Housing Property

1106 S 20TH ST, South Bend, IN 46615

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58,544 sqft

Multifamily student housing with 66 units and 133 beds, supported by extensive recent capital improvements and upgrades.

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Four-Unit One-Bedroom Quadplex

407/411 E South Street, South Bend, IN 46601

$249,900

Individually metered units support straightforward utility allocation and established rental operations.

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Six-Unit Condo Apartment Building

207 N Dixie Way, South Bend, IN 46637

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Condo apartments offer flexible occupancy, updated kitchen appliances, and dedicated laundry rooms within each unit.

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67-Site Mobile Home Park

23700 Marquette Blvd, South Bend, IN 46628

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Community includes tenant-owned homes, a park-owned home, and vacant sites subject to zoning requirements.

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Mixed-Use Retail and Apartments

2521 - 2517 Western Avenue, South Bend, IN 46619

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Commercial main-level space with two upper-level residences, currently operated as a beauty salon with six chairs.

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32-Unit Apartment Building

1251 Kinyon St, South Bend, IN 46616

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

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High-Visibility Commercial Land Available

21189 Cleveland Rd, South Bend, IN 46628

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Land with high traffic, near shopping, dining, and toll road.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in South Bend, IN, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

Off-Market Properties in South Bend, IN

Consider similar Off-Market properties in South Bend, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

23700 Marquette Blvd, South Bend, IN 46628-5074

$250,000

Estimated value

6.17 AC lot

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South Bend, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in South Bend, IN, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 134,779 square feet of properties for sale, with an estimated market value of $5,267,799.

Sale prices for multifamily properties in South Bend, IN start at $139,900, averaging $329,237, and reaching up to $699,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 149K

Population Growth (5Y) +1.7%

Median Household Income $59,952

College Educated 31.9%

High-Yield Neighborhoods for Investment

Identify South Bend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46613	$139.9K
46614	$149.9K
46628	$194.9K
46615	$249.9K
46601	$383K

Taxes & Financing

Tax Rate (average for all types) 2.53%

Property Tax per SF $39.44 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in South Bend fall within the 100,000+ square foot range.

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