South Bend, IN Short term rental properties for sale

Updated: Nov 25, 2025

Renovated Triplex with Full Basement

602 North Frances Street, South Bend, IN 46617

$789,900

2,722 sqft

Three‑unit layout with 1‑bedroom, 2‑bedroom, and 3‑bedroom residences
Upper‑level residence exceeds 1,300 square feet and includes 3 bedrooms and 2 bathrooms
Main‑floor renovation completed in 2022; upstairs renovation completed in 2025
Full basement with storage, washer, and dryer
New AC units installed in 2022; water heaters replaced within the last five years

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Here's a quick look at some key insights for

602 North Frances Street, South Bend, IN 46617

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Est. Cap Rate

3.1%
NOI ÷ price
Est. NOI

$24K
Annual
Price @ 7% Cap

$346K
Suggested
Property Type

Triplex
Built 1929

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Updated: Dec 2, 2025

Fully Renovated Triplex

602 N Frances Street, South Bend, IN 46617

$699,900

2,722 sqft 0.08 AC lot

0.08‑acre triplex lot with 2,722 sq ft total area
Three units: 1 bed/1 bath, 2 bed/1 bath, and a second‑story 3 bed/2 bath (1,300+ sq ft)
Main floor fully gutted in 2022 with new drywall, windows, flooring, redesigned kitchens, and updated bathrooms
Upstairs renovated in 2025 with a second full bathroom and expanded kitchen
New AC units installed in 2022; water heaters replaced within last five years; furnaces within last six years

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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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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in South Bend, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Downtown Mixed-Use Retail Building

105 E Main Street, Niles, MI 49120

$695,000

7,920 sqft 0.05 AC lot

Multi-level building on E Main Street with main-floor retail, basement space, studio rentals, and a top-floor loft.

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MU2 Mixed-Use Live-Work Property

2 E Ash Street E, Three Oaks, MI 49128

$549,000

3,755 sqft 0.30 AC lot

Brick bungalow with a photography studio, remodeled kitchen, basement workspace, and adaptable commercial layout.

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Live-Work Space with Photography Studio

2 E Ash Street, Three Oaks, MI 49128

$549,000

MU2-zoned brick bungalow combines residential rooms, a photography studio, and an updated kitchen.

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Downtown Mixed-Use Building

105 E Main St, Niles, MI 49120

$725,000

Mixed-use property with main-floor retail, basement space, two studio short-term rentals, and a top-floor loft.

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South Bend, IN Short Term Rental Properties Market Trends and Statistics

Explore 3 short term rental properties for sale in South Bend, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,444 square feet of properties for sale, with an estimated market value of $1,688,800.

Sale prices for short term rental properties in South Bend, IN start at $199,000, averaging $562,933, and reaching up to $789,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46617	$697.5K

Neighborhood

Average Price

46617

$697.5K