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    South Bend, IN Multifamily Properties for Sale

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    17 properties
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    Renovated Triplex
    Updated: Sep 15
    Renovated Triplex

    602 N Frances Street, South Bend, IN 46617

    $650,000
    2,722 sqft 0.08 AC lot
    Three apartments: 1‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 3‑bedroom/2‑bath
    2,722 square feet on a 0.08‑acre lot
    Main floor updated in 2022; upper apartment renovated in 2025
    Air‑conditioning units installed in 2022; water heaters replaced within the past five years
    Full basement includes a washer and dryer
    View details
    3-Unit Residential Property
    Updated: Oct 1
    3-Unit Residential Property

    536 E Dayton Street, South Bend, IN 46613

    $99,000
    2,400 sqft 0.12 AC lot
    Three apartments totaling 2,400 square feet on a 0.12‑acre lot
    Unit mix: one 3‑bedroom, 2‑bath apartment and two 1‑bedroom, 1‑bath apartments
    Built in 1922; all units are occupied under month‑to‑month leases
    Owner pays utilities, with monthly tenant reimbursement
    Three separate street addresses serve the units
    View details
    Six-Bedroom Multifamily Property
    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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    See hot listings in South Bend

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Turnkey 8-Unit Apartment Building
    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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    3-Suite Multifamily Property
    3-Suite Multifamily Property

    330 N Sunnyside Ave, South Bend, IN 46617

    $625,000
    2,800 sqft

    Private living quarters are paired with shared kitchen, dining, and gathering areas.

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    Updated Two-Unit Duplex
    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.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Three-Unit Triplex with Available Unit
    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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    Renovated Brick Duplex
    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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    Triplex with Rear Storage Garage
    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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    Two-Unit Duplex with In-Law Suite
    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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    Renovated Triplex with Full Basement
    Renovated Triplex with Full Basement

    602 North Frances Street, South Bend, IN 46617

    $650,000
    2,722 sqft

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

    View details
    Updated Duplex with Two Units
    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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    Duplex with Renovated Unit
    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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    Updated Duplex with Two Units
    Updated Duplex with Two Units

    1106 Portage Ave, South Bend, IN 46616

    $209,900
    1,732 sqft

    Each residence offers two bedrooms and one bathroom, with major systems updated in 2025.

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    66-Unit Student Housing Property
    66-Unit Student Housing Property

    1106 S 20TH ST, South Bend, IN 46615

    Contact for pricing
    58,544 sqft

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

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    3-Unit Residential Triplex
    3-Unit Residential Triplex

    536 E Dayton Street, South Bend, IN 46613

    $99,000
    2,400 sqft

    Three occupied apartments have a mix of one- and three-bedroom layouts, with appliances provided in each unit.

    View details
    High-Visibility Commercial Land Available
    High-Visibility Commercial Land Available

    21189 Cleveland Rd, South Bend, IN 46628

    Contact for pricing

    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 17 Active Listings in South Bend, IN, we suggest to view alternatives - similar 55 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.

    23700 Marquette Blvd
    MOBILE HOME PARK, TRAILER PARK

    23700 Marquette Blvd, South Bend, IN 46628-5074

    Estimated value:
    $250,000
    6.17 AC lot
    View details
    3105 Western Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    3105 Western Ave, South Bend, IN 46619-3084

    Estimated value:
    $240,000
    2,880 sqft 0.06 AC lot
    View details
    407 Eddy St
    APARTMENT HOUSE (UNDER 5 UNITS)

    407 Eddy St, South Bend, IN 46617-3203

    Estimated value:
    $245,000
    3,024 sqft 0.17 AC lot
    View details
    602 Saint Louis Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    602 Saint Louis Blvd, South Bend, IN 46617-1959

    Estimated value:
    $230,000
    2,058 sqft 0.06 AC lot
    View details
    2642 Western Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2642 Western Ave, South Bend, IN 46619

    Estimated value:
    $265,000
    5,120 sqft 0.12 AC lot
    View details
    1313 31st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1313 31st St, South Bend, IN 46615-1862

    Estimated value:
    $210,000
    1,584 sqft 0.17 AC lot
    View details
    422 College St
    APARTMENT HOUSE (UNDER 5 UNITS)

    422 College St, South Bend, IN 46628-2373

    Estimated value:
    $210,000
    3,068 sqft 0.24 AC lot
    View details

    South Bend, IN Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in South Bend, IN, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 92,742 square feet of properties for sale, with an estimated market value of $4,726,299.

    Sale prices for multifamily properties in South Bend, IN start at $99,000, averaging $315,086, 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

    Duplexes 6
    Triplexes 6
    Short term rental properties 3
    Apartment buildings 2

    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
    46616 $209.9K
    46615 $249.9K

    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.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in South Bend, IN

    • 46617
    • 46613
    • 46628
    • 46601
    • 46615
    • 46614
    • 46616
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