Multifamily

South Bend, IN Multifamily Properties for Sale

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Mishawaka, IN Granger, IN Niles, MI Osceola, IN New Carlisle, IN Elkhart, IN Lakeville, IN Holt, MI
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Mixed-Use Property in Miami Village
Updated: May 8
Mixed-Use Property in Miami Village

1518 Miami Street, South Bend, IN 46613

$100,000
651 sqft
Mixed‑use property featuring a storefront and a comfortable 2‑bedroom apartment.
Potential for multiple income streams.
Benefit from off‑street parking for 2 vehicles.
Located near popular amenities including Crooked Ewe, South Bend Farmers Market, Ivy Tech, Witches BrewPub, and LangLab.
Full basement provides additional space.
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This listing looks promising.

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1518 Miami Street, South Bend, IN 46613

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Updated Duplex with Two Occupied Units
Updated: Jul 11
Updated Duplex with Two Occupied Units

1711 S Saint Joseph Street, South Bend, IN 46613

$144,900
2,424 sqft 0.08 AC lot
Duplex with one 3‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit
Both units are currently occupied
Recently updated investment property; appraised at $148,000
Passed by the City of South Bend Code Dept. under the RSVP Rental Safety Verification Program
Year built: 1912
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Two-Unit Residential Duplex
Two-Unit Residential Duplex

1101 Elliott Street, South Bend, IN 46628

$219,900
2,041 sqft 0.14 AC lot

Legally approved two-unit dwelling with independent living spaces, including a private entrance in Unit B.

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Brick Triplex with Common Living Area
Brick Triplex with Common Living Area

330 N Sunnyside Street, South Bend, IN 46617

$695,000
0.08 AC lot

Partially furnished 2008-built brick triplex with three two-bedroom units and shared main-level amenities.

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Furnished Student Housing Townhomes
Furnished Student Housing Townhomes

18088 Legacy Village Court, South Bend, IN 46637

$19,750,000
44,800 sqft

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

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Renovated Triplex with Basement
Renovated Triplex with Basement

602 N Frances Street, South Bend, IN 46617

$699,900
2,722 sqft 0.08 AC lot

Turnkey renovated triplex with three units and a full basement with washer and dryer.

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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

802 N Olive Street, South Bend, IN 46628

$169,900
2,104 sqft 0.12 AC lot

An all-brick duplex with two 2-bedroom, 1-bath units, both currently rented and tastefully renovated.

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

1106 S 20TH ST, South Bend, IN 46615

$9,000,000
58,544 sqft

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

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High-Visibility Commercial Land Available
High-Visibility Commercial Land Available

21189 Cleveland Rd, South Bend, IN 46628

$1,064,000

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in South Bend, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Quadplex For Sale As-Is
Quadplex For Sale As-Is

550 Lincolnway, Mishawaka, IN 46544

$215,900
3,116 sqft 0.17 AC lot

Renovations have started on this quadplex, but the owner is selling the property as-is.

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Multi-Family Residential Income Portfolio
Multi-Family Residential Income Portfolio

931 Cherry Street, Niles, MI 49120

$339,900
0.27 AC lot

Package includes three rental properties totaling six units with a storage garage and city-required landlord inspections.

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Multi-Unit Residential Income Portfolio
Multi-Unit Residential Income Portfolio

931 Cherry St, Niles, MI 49120

$339,900

Three-property package offering six occupied units with documented rental history under city landlord inspection requirements.

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Mixed-Use Property in Downtown Mishawaka
Mixed-Use Property in Downtown Mishawaka

608 N Main Street, Mishawaka, IN 46545

$1,350,000

Investment opportunity near Mishawaka Riverwalk with retail and apartments.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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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

Value Estimation by Request
6.17 AC lot
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3105 Western Ave
APARTMENT HOUSE (UNDER 5 UNITS)

3105 Western Ave, South Bend, IN 46619-3084

Value Estimation by Request
2,880 sqft 0.06 AC lot
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407 Eddy St
APARTMENT HOUSE (UNDER 5 UNITS)

407 Eddy St, South Bend, IN 46617-3203

Value Estimation by Request
3,024 sqft 0.17 AC lot
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602 Saint Louis Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
2,058 sqft 0.06 AC lot
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2642 Western Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2642 Western Ave, South Bend, IN 46619

Value Estimation by Request
5,120 sqft 0.12 AC lot
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1313 31st St
APARTMENT HOUSE (UNDER 5 UNITS)

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

Value Estimation by Request
1,584 sqft 0.17 AC lot
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422 College St
APARTMENT HOUSE (UNDER 5 UNITS)

422 College St, South Bend, IN 46628-2373

Value Estimation by Request
3,068 sqft 0.24 AC lot
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2701 Northside Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

2701 Northside Blvd, South Bend, IN 46615-1832

Value Estimation by Request
3,776 sqft 0.17 AC lot
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1232-1234 Miami
APARTMENT HOUSE (UNDER 5 UNITS)

1232-1234 Miami, South Bend, IN 46601

Value Estimation by Request
2,880 sqft 0.18 AC lot
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1434 Portage Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1434 Portage Ave, South Bend, IN 46616-1735

Value Estimation by Request
5,232 sqft 0.13 AC lot
View details
2212 Michigan St
APARTMENT HOUSE (UNDER 5 UNITS)

2212 Michigan St, South Bend, IN 46613-2322

Value Estimation by Request
3,264 sqft 0.16 AC lot
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2702 Western Ave
APARTMENT HOUSE (UNDER 5 UNITS)

2702 Western Ave, South Bend, IN 46619-3128

Value Estimation by Request
3,456 sqft 0.12 AC lot
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5002 Lindenwood W Dr
APARTMENT HOUSE (UNDER 5 UNITS)

5002 Lindenwood W Dr, South Bend, IN 46637-1441

Value Estimation by Request
5,738 sqft 0.43 AC lot
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742 Indiana Ave
APARTMENT HOUSE (UNDER 5 UNITS)

742 Indiana Ave, South Bend, IN 46613-1858

Value Estimation by Request
4,888 sqft 0.10 AC lot
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1601 Kemble Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1601 Kemble Ave, South Bend, IN 46613-1811

Value Estimation by Request
6,528 sqft 0.13 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 9 active listings on our real estate platform. These investment opportunities span a total of 113,286 square feet of properties for sale, with an estimated market value of $30,084,600.

Sale prices for multifamily properties in South Bend, IN start at $100,000, averaging $4,297,800, and reaching up to $19,750,000 — 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 4
Apartment buildings 2
Short term rental properties 2
Triplexes 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 $110K
46628 $617K
46617 $750K
46615 $9M
46637 $19.8M

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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