Residential Income

South Bend, IN Residential Income Properties for Sale

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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
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Four-Unit Residential Income Property
Updated: Oct 20
Four-Unit Residential Income Property

602 E Dayton Street, South Bend, IN 46613

$199,900
2,192 sqft 0.11 AC lot
Four‑unit building with 2,192 square feet of property area
Fully occupied with leases in place
Most units updated
Separate electrical meters
Built in 1875 on a 0.11‑acre lot
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Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

1637 KEMBLE AVE, South Bend, IN 46613

$290,000
2,394 sqft 0.25 AC lot

Convenience retail space combines with upper-level living quarters and additional rooms for office, storage, or expansion.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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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-Unit Residential Property
3-Unit Residential Property

536 E Dayton Street, South Bend, IN 46613

$99,000
2,400 sqft 0.12 AC lot

The unit mix includes one three-bedroom apartment and two one-bedroom apartments.

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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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Commercial Land with Road Frontage
Commercial Land with Road Frontage

51909 N SR 933 Highway, South Bend, IN 46637

$199,999
4.66 AC lot

Commercial land offering multiple parcels and substantial road frontage along SR 933 for future development or business use.

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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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Duplex with Detached Garage
Duplex with Detached Garage

225 E Donald St, South Bend, IN 46613

$149,000
1,881 sqft

Both units have two bedrooms, a full bath, and a kitchen, with a detached garage on site.

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Duplex with Detached Garage
Duplex with Detached Garage

210 S Taylor St, South Bend, IN 46601

$259,900
2,300 sqft

The two-story layout pairs separate kitchens with a sunroom in the upper residence.

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Fourplex with Separate Electric Meters
Fourplex with Separate Electric Meters

602 E Dayton St, South Bend, IN 46613

$199,900
2,192 sqft

All four residences are occupied, with leases in place.

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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.

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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.

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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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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

1518 Miami St, South Bend, IN 46613

$80,000
651 sqft

Includes a retail-facing storefront, attached two-bedroom apartment, and parking for two vehicles.

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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.

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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 24 Active Listings in South Bend, IN, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

South Bend, IN Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in South Bend, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 104,352 square feet of properties for sale, with an estimated market value of $6,104,998.

Sale prices for residential investment properties in South Bend, IN start at $80,000, averaging $277,499, 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

Multifamily properties 21
Duplexes 8
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
46614 $149.9K
46613 $170K
46628 $194.9K
46637 $200K
46616 $209.9K

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.

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